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In the last couple days at the campuses of the University of California.  They are waving signs such as “Don’t take our education away”, and “affordable education for all”.  As an alumna of UC Berkeley, here is what I think about the issue.

First of all, I think that these students are just unlucky to be attending the UC system during the worst recession in several generations.  The California government operates on boom and bust cycles.  If you look at the historic tuition in the UC system, you will see that tuition has actually  gone down before in the late 90s because the economy was booming.  When I attended UC Berkeley in 2001, I was actually paying less than a student who attended in 1994 if you account for inflation.  In fact, I met an alumnus who graduated in the early 90s later on at an internship and he was really surprised that my tuition was just a little bit above his.  Basically, I was lucky and graduated before the major fee increases started.  The fact of the matter is that the state spends everything they have got when they are flush with money, and pretty much falls flat on its face when it is without money.  Right now, the state is just flat out broke.  The biggest problem here is that the tuition was not raised incrementally, and now the 32% increase is felt particularly hard by this group of students.  This is not the fault of the universities, but the state government in charge of the money.

Now, are the schools still affordable?  As of now, I think the UC tuition of approximately $10000 per year is still quite affordable if you compare how much an equivalent education at a private school costs.  UC Berkeley still has the top ranked engineering school in the country, and $10,000 a year is much less than $36,000 at MIT.  Similarly, the other UC campuses have some of the highest ranked programs in the country, and still cost 1/2 or  1/3rd of many private schools.  I actually think that the UCs were just too damn cheap for what they offer.  Even now, I think tuition at an UC would be less than what I will spend on childcare next year and I am not waving a sign that says “affordable childcare for all”.   Considering that UC graduates get paid comparable salaries as graduates of the ivies,  I still think that the UCs offer a great bang for the buck.

What really concerns me is that a lack of money could decrease the quality of the UC system.  If great professors, academics, and researchers no longer wanted to work at the UCs due to all the salary cuts and furloughs and the high cost of living in California then the education of many future young Californians will suffer.  I have no idea how much the schools will cost in 18 years when my baby goes to college, but if the quality of the schools go down then they might not be worth what they are charging. Perhaps in 18 years California will be in another boom cycle and the tuition will go down?

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uses viagraon 11.20.09 at 8:08 am

It is the pension system and associated retiree benefits that is choking UC.

More info:

(as well as many other articles)

I don’t think it’s reasonable to expect young college students to pay for Boomers’ pensions. The UC system has been broken for years; they expected to dole out huge pensions without ever having the employees pay into them. This worked great until the stock market crashed.

*sigh*

The real fix is to fix pension plans and retiree benefits. Yes, this will mean some angry cash-strapped Boomers. However, it will also mean lower costs of education for all. In the long run, it’s a net societal win to reduce or eliminate many pensions.

-Erica

uses viagraon 11.24.09 at 3:40 pm

Thnx for sharing Xin. How’s the baby? It is unfortunate timing for students indeed. Tuition is still relatively cheap, but the shock, aws.

Pls have a read of my own spin yesterday.

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