"The University of California has gone from being a state-funded institution, to a state-sponsored institution, to a state-located institution."
The level at which the State of California funds the university is practically nothing at this point. Alumni donations have filled some gaps but don't nearly cover everything. Tuition has increased to the point where even I, who graduated in 2006, consider it ridiculous. It is now over 8 times the maximum semester tuition I paid.
I can't imagine considering Berkeley a "great value" anymore, as I did when I was there considering the (excellent) quality of education versus the price. It used to be a sense of pride; that a public university could be so great, to prove the experiment, to show that society could produce academic excellence without falling to the vices of money and the divisions that come with it. Now that experiment has failed, and only those who believe in it strongly—the Alumni and supporters—are upholding it, but that's not sustainable.
We need to grow up. This fantasy of American individualism is killing us. We need to grow up and learn how to share—and this is the worst part: as we once did.