Wednesday, March 30, 2016

Price controls in action

SF Gate: The University of California has been admitting thousands of students from out of state with lower grades and test scores than state residents as a way to raise cash, a state audit released Tuesday reveals.
In the last three years, nearly 16,000 nonresident undergraduates — about 29 percent of those admitted — have won spots at the coveted public university with grade-point averages and scores below the median of admitted Californians, according to the 116-page audit. The report criticizes university practices it says undermine state residents’ access to UC in favor of nonresidents, who pay about three times the basic tuition and fees of in-state students: $38,108 versus $13,400.

Sounds like a California plot.   We see plenty of evidence that California government uses immigration to cover unsustainable costs, like the legal illegal alienship program, which drives up housing demand from Asia.  We run a ponzi game on the taxpayers.

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