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And what's wrong with that? Heavens, I think that's great news!
I don't think there's anything wrong with that, which is why I proposed it. :) Its a win-win for conservatives, either they pay off the debt, or they privatize the schools and pay off the debt. There is no way for conservatives to lose. As for selling off the schools, I have proposed that too on other threads. Just collect the titles of all the schools into a company, and offer an IPO on the NYSE. Take the IPO money, and pay down the debt, and cancel the budget for the universities.
Reorg! Downsize!! LAYOFF!!!
There is no more deserving claque of fat, over-rated, dedicated communists in need of an attitude adjustment than at the University of California.