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Showing posts from March, 2012

"Great education institutions are being decimated through budget cuts"

The effect of this will be to undermine the entire concept of public education. Private colleges are not raising tuition as fast, and their students use much more federally funded loan aid than UC students. State institutions will stagger. For poor students, access is reduced, while for middle class students, private schools may become the norm (non-profit and for-profit). For now, this will save some state money, but it will greatly increase the federal burden, greatly inflate total student loan debt, and greatly reduce the investment in California's economy -- which will reduce future tax earnings. This disinvestment is not only inequitable, it is financially stupid. Penny wise pound foolish. _________________________________ By Steve Lopez March 14, 2012 My daughter attends elementary school in Los Angeles Unified, which has just sent out 11,700 layoff notices in the latest round of miserable news. ... I was in the Bay Area recently and caught this headline in the Con