[Psycho_Bunny]

So what. The Federal debt has enslaved us all.

[Diogenesis]

Umberto Calvini:
"The government bankers want to control the debt,
And whoever controls the debt, controls everything.
This is the essence of the banking industry,
to make us all slaves to debt."

[9YearLurker]

Good. Let them move back in with Mom and Dad so they can afford to pay off their debt.

[Jonty30]

I have to wonder how many of these students worked, while going to school and doubling up on the jobs during the summer?

I doubt the ones, with really high debts, did much to minimize their debt situation.

[Buckeye McFrog]

the MSM continues to prepare the ground for Obama to announce a Student Loan Forgiveness scheme before the election

[SMARTY]

“Many young people view college as a “five year party”

For American kids, college is all part of the prolonged incubation period they go through. They don’t want to grow up. Their parents sponsor the idiocy but want the rest of us to pay for the party.

It’s a reall dumb process and I am sure they’d be better off if they grew up after HS. They need to take some responsiblilty for themselves much sooner.

Some of them NEVER DO!

[varon]

Didn't these mush brains understand that they were responsible for paying it back? If not, then how did someone so dumb get accepted and graduate from college??

The important question is, was the 4 years of beer and sex worth it?

[Political Junkie Too]

Somebody should tell the students that the reason they are going into such debt is to fund the increasingly lavish lifestyles of the liberal tenured university professors who are indoctrinating them.

Just ask Ward Churchill, Bill Ayers, Skip Gates, and Elizabeth Warren. Throw in Obama's cabinet secretaries and unconstitutional "czars" as well.

-PJ

[firebrand]

When you apply for financial aid, they first ask you every possible question about your finances. Then they calculate what your annual family contribution should be. They subtract that from the total cost of the first year.

Then they tell you how much you will get in aid, and how much you will have to borrow.

I don’t know when they started doing this. They in effect make it a given that you will have to borrow. Most people don’t stop to think about it.

[Navy Patriot]

These students paid big time for an education.

They got one, just not the one they thought they were getting.

They had better get busy and make their fortune quickly, while they still know everything and their parents are still stupid, 'cause when their parents get smart, they won't even have a place to live.

[Yaelle]

Don’t go to college unless you can afford it outright. Instead take low level jobs or unpaid internships where you would ultimately like to work (and stay home with mom and ad til you can afford your own place).

[Moravecglobal]

How dumb things happen at smart universities. The public’s UC Berkeley harvests family savings, Alumni donations, supporter’s money and taxes. Cal. ranked #1 public university total academic cost (resident) as a result of the Provost’s, Chancellor’s ‘charge residents higher tuition’. UCB tuition is rising faster than other universities.

Cal ranked # 2 in faculty earning potential. Spending on salaries increased 29% in last six years. Believe it: Harvard College less costly.

University of California negates the promise of equality of opportunity: access, affordability. Self-absorbed Provost Breslauer Chancellor Birgeneau are outspoken on ‘charging residents much higher’ tuition.

Birgeneau ($450,000) Breslauer ($306,000) like to blame the politicians, since they stopped giving them their entitled funding. The ‘charge instate students higher tuition’ skyrocketed fees by an average 14% per year from 2006 to 2011 academic years. If they had allowed fees to rise at the same rate of inflation over past 10 years they would still be in reach of middle income students. Breslauer Birgeneau increase disparities in higher education, defeat the promise of equality of opportunity, and create a less-educated work force.

Additional state tax funding must sunset. The sluggish economy, 10% unemployment devastates family savings. Simply asking for more taxes (Prop 30, 38) to spend on self-absorbed Cal. leadership, inefficient higher education practices, over-the-top salaries, bonuses, is not the answer.

UCB is to maximize access to the widest number of residence at a reasonable cost. Birgeneau Breslauer’s ‘charge Californians higher tuition’ denies middle income families the transformative value of Cal.

The California dream: keep it alive and well. Fire hapless Provost George W Breslauer. Clueless Chancellor Birgeneau resigned. Cal. leadership must accept responsibility for failing Californians.

Opinions? UC Board of Regents marsha.kelman@ucop.edu Calif. State Senators, Assembly members.