Universities: Battle over a Budget

California residents have long taken pride in the quality and quantity of their state's higher education and in their willingness to spend vast sums of public money to keep it as good as it is. But when Ronald Reagan became Califor nia's Governor this month, he came face to face with two striking facts: a budget deficit that could reach $400 million in the next fiscal year, and an expensive complex of colleges and universities that consumes about $400 million a year and yet does not charge students a single penny of tuition.* Putting two and two together, Reagan...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!