Math PhD career track

^Inspite of that, many top 10 programs are public. The key word here would be “comparable”. Not many programs are “comparable” to Berkeley math program. If it were me, I would look at fit and strength of your specific field, where their new PhDs go to do Post Doc and beyond if you are on an academic track well before whether it’s public or private. I don’t know much about UCs but I can’t imagine the state would allow UCs disintegrate to ruins. It’s not like the state is starving.