According to the student loan resources company, Student Loan Hero dot com, the average class of 2016 graduate has 37 thousand dollars in debt up 6% from 2015. Public universities are supposed to provide an affordable option for everyone to complete a Bachelor’s degree, an increasingly essential achievement in the 21st Century economy. However, that pact has broken down in recent years. It has a lot to do with the way public universities are funded and how they see their social missions. University of California Santa Barbara Professor Christopher Newfield details what he calls The Great Mistake