California's higher-education debacle

For nearly six years, I have served on the Board of Trustees of the California State University system -- the last two as its chairman. This experience has been more than just professional; it has been a deeply personal one. With my term ending soon, I need to share my concern -- and personal pain -- that California is on the verge of destroying the very system that once made this state great.

I came to California because of the education system. I grew up in Connecticut and attended college back East on partial scholarships and financial aid. I also worked part time, but by my first year of grad school, I'd maxed out my financial aid and was relying on loans that charged 14% interest. Being a lawyer had been my dream, but my wife and I could not afford for me to go to any law schools back East.

I applied to UC Berkeley Law School because it was the only top law school in the U.S. that we could afford. It turned out to be the greatest education I have ever received. And I got it because the people of California -- its leaders and its taxpayers -- were willing to invest in me.

For the last 20 years, since I graduated, I have felt a duty to pay back the people of this state. When I had to figure out where to build a practice, buy a home, raise my family and volunteer my time and energy, I chose California. I joined a small California firm -- Munger, Tolles & Olson -- and eventually became a partner. This year, American Lawyer magazine named us the No. 1 firm in the nation.

That success is also California's success. It has meant millions of dollars in taxes paid to California, hundreds of thousands of hours of volunteer time donated to California, houses built and investments made in California, and hundreds of talented people attracted to work in and help California.

My story is not unique. It is the story of California's rise from the 1960s to the 1990s. Millions of people stayed here and succeeded because of their California education. We benefited from the foresight of an earlier generation that recognized it had a duty to pay it forward.

That was the bargain California made with us when it established the California Master Plan for Higher Education in 1960. By making California the state where every qualified and committed person can receive a low-cost and high-quality education, all of us benefit. Attracting and retaining the leaders of the future helps the state grow bigger and stronger. Economists found that for every dollar the state invests in a CSU student, it receives $4.41 in return.