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Bankrupt State University

Ron-CA Wrote: Nov 29, 2012 9:26 AM
The state of California is about as close to bankruptcy as one can get with Governor Moonbeam continuing to push for more taxes. State school tuition has skyrocketed, much to the dismay of current students. In the face of all this the UC Board of Regents has just approved hiring a new chancellor for UC Berkley at an 11+% raise over the previous chancellor. A whopping $486,000 plus free on-campus housing, and a $127,000 relocation bonus. Mike is correct - with kind of salary garbage the system is going to collapse, I just don't think it will happen anytime soon.

Many of my friends and readers are disheartened by recent cultural and political trends. Many blame our universities and wonder whether we can ever restore sanity in our nation, given that the enemy seems to control the modern university. They see no chance to win in the war of ideas as long as they are forced to support the public university and, therefore, forced to fund a war against their own cherished values.

But I know something they don't know. The public university that has declined so steadily in recent years will cease to exist in just a few short...