<p>I have no idea why the UCs are being picked on when most schools in the country have problems.</p>
<p>The UCs are going to have problems. Almost every institution is. Princeton is limiting raises to practically nothing.</p>
<p>Harvard and Yale don't really know how much the losses to their endowments are.</p>
<p>California is an expensive state to live. There are pluses and minuses to living here. The UCs are a plus.</p>
<p>Yes, the UCs have problems. They need to raise tuitions. No raises to employees. The idea that if you keep salaries down, professors are going to leave is fantasy time now. The economy has changed. No raises but a job are good compared to the alternative.</p>
<p>"The weather is amazing if you can or choose to afford the sun tax."</p>
<p>UC's not withstanding, it's actually the diversity I loved, that and the lifestyle. Not quite as diverse as Queens, New York, where I'm from, but sorted by class more than race. Seemed like a good idea at the time, but my kids need to know about life elsewhere.</p>
<p>dstark, I agree this is hardly just about the UCs, but that's what this tread is about! It's scary everywhere, but I scratch my head in spending time in CA now that reality doesn't seem to have kicked in as starkly as other places. The answer to the UC dilemma for most Californians seems to be to just make the legislature give them more money! That was the case in NY too 6 months ago, but reality has set in.</p>
<p>I can't speak for other places, but in Northern California, where I live, people know the economy is bad and they aren't upbeat about the economy's prospects either.</p>
<p>The UCs are in better shape than most businesses.</p>
<p>"in Northern California, where I live, people know the economy is bad and they aren't upbeat about the economy's prospects either." Very true, unfortunately. This is going to be one ugly year.</p>
<p>I see no evidence that the UCs will start admitting OOS students in greater numbers. Restricting the number of students admitted to the UCs puts a nail in the coffin of that idea, politically.
The UCs are a rapidly depreciating asset, and Californians are the poster children for living beyond their means.
If the UCs ever get the go-ahead to admit more OOS students, how many people will want to submit their children to this train wreck?
On another issue, the folks who argue that the UCs' poor completion rates have to do with enrolling Pell Grant kids seem to be the same people who are arguing for boosting tuition to keep the system intact. Screw the poor?</p>
<p>Schwarzenegger proposes major Cal Grant cuts
California's main financial aid program for college students may stop covering rises in tuition. Meanwhile, UC and Cal State officials are gearing up for 10% fee increases.
By Gale Holland</p>
<p>January 13, 2009</p>
<p>Gov. Arnold Schwarzenegger is proposing major cuts in Cal Grants, the state's main financial aid programfor college students. The most significant change would involve abandoning the state's commitment to cover any rise in tuition for grant recipients, and it comes as officials at both the University of California and California State University are gearing up for 10% fee increases in response to the yawning state budget gap.</p>
<p>The Legislature in 2000 guaranteed middle- and low-income students who meet certain financial and academic benchmarks nearly full offsets of their fees, which have escalated sharply in recent years. </p>
<p>Judy Heiman, an analyst with the state legislative analyst's office, said "decoupling" the fees and the grant funding might not cut too deeply the first year, but could quickly add up if fees continue to jump as they have in the last decade. "It will be 4-5% this year, then maybe 10% or even 20-30%," she said. "It could get to the point even students with full grants can't afford to pay fees."</p>
<p>The governor's $87.5 million in proposed reductions -- about 10% of the total $880-million Cal Grant budget -- also would eliminate an aid program that helps returning adult students and would slash the grant money available to state students attending private colleges and universities. Cal Grants and a fee waiver program are the state's primary financial aid vehicles. Other aid is provided by the federal government, colleges and universities.</p>
<p>A spokeswoman for the governor said he "understands how difficult these cuts will be" but is responsible for leading the state through the economic crisis. "The governor doesn't want to cut programs and he doesn't want to raise taxes, but in the face of a $42-billion budget deficit and with the Legislature's failure to pass a comprehensive solution, we're simply running out of options," she said.</p>
<p>I can't find it online, but this morning's WSJ had an article on how a number of states are considering eliminating their in-state college grant programs, designed to keep college students in-state. I remember Michigan and Florida were mentioned, can't remember which others. It might not be only CA will be considering going after the OOS cash cow. </p>
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Shrinkrap and her husband, if they can get similar jobs in several other states, can save up to 10% of their income and send their kids to lower priced state schools. Hard to believe lots of teachers, nurses, doctors, lawyers, engineers and so on will not be considering this.
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</p>
<p>Lots of K-12 teachers definitely are. School boards from other states come poaching here on a regular basis, signing bonuses in hand. A teacher's paycheck is going to go much further in most other states.</p>
<p>I honestly don't know that paying less for college, in and of itself, is enough to convince people to move. Relocation is expensive in the best of times. I can sooner imagine sending my children to CCs locally rather than moving to get lower in-state tuition. Sending them to Cal States is going to be on par financially with most other state schools. This is a thread about CA schools, but the tradeoff between moving to a state with a better deal on college education isn't an issue just for Californians. For all the years that CA colleges were fat and sassy, how many families actually moved to CA to take advantage of them? Maybe a few, but many many more had very good reasons to stay where they were.</p>
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Our D's friends who have gone to UCLA and UCB have been stuck in triples that were meant to be doubles.
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<p>I don't know about UCB, but at UCLA this is a temporary situation caused by the renovation of several high rise dormitories. New high rises have been constructed in the past 4 years as a way to alleviate the situation. When all of the renovations are complete, three years of housing will be guaranteed for students. Before the dorm renovations and construction projects began, it was only one year that was guaranteed, so things have definitely improved for students who want to live in the dorms.</p>
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Our kid will have to be very active in planning her own schedule in order to graduate in 4 years.
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This is good experience for making adult decisions in the outside world where nobody holds your hand.</p>
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Our D's friends who have gone to UCLA and UCB have been stuck in triples that were meant to be doubles.
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</p>
<p>Also dunno about Cal, but UCLA (and Davis) had large yield problems, i.e., lots more kids showed up than expected a couple of years back -- but that also happens at privates on occasion. As a result, LA & D reduced the acceptances the following year(s) to balance the undergrad numbers.</p>
<p>"California's loss is extremely small in a state of 38 million. And, in fact, the state's population continues to increase overall because of births and immigration, legal and illegal. But it is the fourth consecutive year that more residents decamped from California for other states than arrived here from within the U.S."</p>
<p>The loss is exremely small for CA and the overall population trend for the state is up, not down.</p>
<p>This recession is making mobile people leave high cost of living places in CA and NY. I don't think anyone knows what happens next. In NY we're seeing droves of young people leaving the home of the $20 sandwich and $18 cocktail. Those displaced on Wall Street are heading overseas and home to the MW.</p>
<p>My venture capital colleagues insist new companies in technology and biotech will have few employees in CA. Most of the corporate infrastructure and all manufacturing will be in low cost states and countries. So when the next big thing hits Silicon Valley, the accountants, HR, engineers and everyone but the CEO and a few top execs will be in Peoria or Mumbai.</p>
<p>And with liar loans over, the vast majority in CA can not afford median priced homes. </p>
<p>This is not like past recessions, this one is global, and as we all recover we are going to see that many things that were done in high cost of living places will not return to those places. Think auto industry. </p>
<p>We are going to have to be pretty darn creative this time around.</p>
<p>Hmom5, you might be a little too negative on Calif. :)</p>
<p>And your venture capital friends and private equity friends might have a little trouble raising capital in the future. When you look at venture capital returns for the last 10 years, most of the returns were made in 1999 and 2000, no? So in 2 years their 10 year returns are going to look downright ugly, true? Aren't 10 year returns part of the sales pitch?</p>
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When all of the renovations are complete, three years of housing will be guaranteed for students. Before the dorm renovations and construction projects began, it was only one year that was guaranteed, so things have definitely improved for students who want to live in the dorms.
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When my D entered in the fall of 2006 there was 3 years of guaranteed housing. There were some brand new dorms and since then individual dorm buildings (large ones) have been taken down for renovation. I heard there are more brand new dorms scheduled to be built shortly. I just checked the UCLA website and they still guarantee 3 years of in-campus housing.</p>
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Our kid will have to be very active in planning her own schedule in order to graduate in 4 years.
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Yes they will but IMO this is well within the capabilities of any student accepted to a UC and probably any reasonably large state school and maybe even some privates. It will take some motivation on their part though.</p>
<p>I think California has some enduring attributes that will always attract people to it (including me) - weather, diverse geography, stunning scenery, extensive beach including many that are usable without a wetsuit (southern third only), diverse population, etc. Sure, there'll be times that home prices get 'too high' for many but left to supply and demand these stabilize (as is happening now somewhat), there'll be some companies that will pack up and leave the state to one with less invasive taxation and hopefully the state government will realize there's a point of diminishing returns in increased taxation, and in some places it's just too crowded but it's a big state and there are still desirable areas that strike some balance. But California also seems to be a hotbed of innovation and entreprenuership in many areas and it seems to continue in that direction.</p>
<p>Dstark, let's hope the VCs can still raise funds because that's the only way we as a Country will remain globally competitive! All bets are off on where the best long term place to park money is.</p>
<p>Tell me what CA will do so I don't look at the prospects negatively. I'm all ears and want a happier conclusion than the one I'm looking at.</p>
<p>And yes, I've been to Mumbai. What I saw there were a lot of well educated young people eager for the jobs we had to offer and at a third of our cost in the US.</p>
<p>California is going to have many problems for many years. So is NYC.</p>
<p>I don't have happy solutions to the budget mess or the economy. </p>
<p>Taxes are going to go up so if you live in California, you should expect that. </p>
<p>The question is can you make a nice life for yourself in California? If you have money, and aren't dependent on the economy, why not? The weather is fantastic. The outdoors are great. Great food. There is plenty to do and people in California aren't as intense as those in the northeast. ;)</p>