Whither UC?

From the NY Times, Data from UC.

The NYTimes has an article describing the situation here in the UC system. It is sobering reading, and of course, we know how grim the situation is.  The graphics above tell the story: fewer staff, fewer new faculty hires, more expensive for students, and less support from the state. How do we continue to provide access to excellence for the increasingly diverse student body? Where do we go from here? More private investment? Larger classes? Smaller and more streamlined curriculum?