The former head of a New Jersey county college who resigned amid allegations of financial irregularities has pleaded guilty to misconduct and theft charges.

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Peter Burnham, who stepped down in 2011 as president of Brookdale Community College, faces up to five years in prison after entering his pleas Tuesday as part of a deal with Monmouth County prosecutors.

The 68-year-old Burnham pleaded guilty to counts of official misconduct, using his college credit card for personal use and depositing a $20,000 student loan for his son into a personal bank account. As part of his plea deal, Burnham must repay $24,000 to Brookdale and reimburse the student loan

Burnham had drawn scrutiny from officials over contract perks he received in addition to his $216,000 salary.

(Copyright 2012 by The Associated Press.  All Rights Reserved.)

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