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FROM THIS EPISODE

 A credible state official says California's about to run out of money. Santa Barbara's evacuees are braced for more winds. And the Dodgers face the next 50 games without the player who helped them earn the best record in baseball. On our rebroadcast of today's To the Point, millions of young Americans can't get to college; many graduates have tens of thousands in loans to pay off. We look at their plight and President Obama's plan to take over student loans and create a big, new entitlement program.


Banner image: Jeff Chiu/AP

Making News State Nearly out of Cash 5 MIN, 41 SEC

With state finances already close to the breaking point, the ongoing recession has caused another emergency. The nonpartisan Legislative Analyst says California is $20 billion short of the cash to pay its bills for the next several months. Jason Dickerson is a deputy in the Legislative Analyst's office.

Guests:
Jason Dickerson, State Cash Management Analyst, California Legislative Analyst's Office

Main Topic Say It Ain't So, Manny 12 MIN, 48 SEC

“It's a tragedy. It's a shame. My sense, is, it's a great embarrassment on Major League Baseball.” Those words from the Obama White House today as press secretary Robert Gibbs responded to the 50-game suspension of Dodger hero Manny Ramirez.

Guests:
Ramona Shelburne, ESPN Los Angeles (@ramonashelburne)
Gary Wadler, former Medical Advisor, White House Office of National Drug Control Policy

Reporter's Notebook Dozens of Homes Destroyed in Santa Barbara Fire 7 MIN, 46 SEC

In Santa Barbara this afternoon, 13,500 people were ordered to evacuate because of the Jesusita Fire, and 13,000 more were under alert. Ann Simmons is at the command center for the Los Angeles Times.

Guests:
Ann Simmons, Staff Writer, Los Angeles Times

Main Topic Students Take on Increasing Debt to Pay for an Education 26 MIN, 51 SEC

Once first among among the world's nations in college graduates, the United States has fallen to seventh, and President Obama wants a massive new entitlement program to get America back on top. One of the reasons the US has fallen behind is the skyrocketing cost of getting a college degree.

Loans discussed in this segment include:

Pell
FELLP
Perkins
Stafford

Guests:
Edie Irons, Communications Director, Institute for College Access and Success
Brian Frank, Graduating Journalism Major, University of Southern California
Paige Greenley, Graduating Anthropology Major, Grinnell College
Terry Hartle, Senior Vice President, American Council on Education
Kevin Bruns, Executive Director, America's Student Loan Providers

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