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The Dream Act puts education within reach even for the Golden State's illegal immigrants. While weighing 50 education bills yesterday, Governor Jerry Brown signed the California Dream Act into law Saturday, opening the state's purse of financial aid to even those who don't have official documentation. Read more: http://newsfeed.time.com/2011/10/09/california-passes-dream-act-allowing-aid-for-undocumented-students/#ixzz1aURp5Vq3

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A debate over priorities at California's community colleges is heating up, as the system considers putting more emphasis on first-time students who are working toward a credential or transferring to a four-year institution. The debate has deep national relevance, as the "completion agenda" may hinge on the 2.6 million students who attend the state's community colleges.

"Faculty members benefit from a transparent and open culture while individual schools have more flexibility to plan their budgets under a decentralized management system called Responsibility Center Management (RCM) at the Dominican University of California, speakers here said. Dominican, a Roman Catholic university in Marin County with about 2,300 students and 170 full-time faculty members, might be the smallest university ever to opt for this system, which gives greater powers to individual schools in the budgeting process."

"In late 2007, Taylor Senatore and Jennifer Frank withdrew most of their personal savings-a combined $250,000-to launch California Wine Merchants in New York. The duo, who teamed up after discovering by chance that they shared the same entrepreneurial goal, figured that amount would cover all of their start-up costs and even leave change to spare."

At least twice a month throughout the recession, headhunters have dangled job opportunities in front of Ryan McAllister, an actuary for Fireman's Fund Insurance Co. in Novato, Calif. "If I were ever unhappy with my employer, I could pick up the phone and find something else very quickly," says the 28-year-old Mr. McAllister. He joined the high-net-worth property and casualty insurer after graduating in 2005 from the University of California at Davis, with a bachelor's degree in applied mathematics.

Undergraduates across the country are choosing to leave science, technology, engineering and math programs before they graduate with those degrees. Many students in those STEM fields struggle to complete their degrees in four years, or drop out, according to a 2010 University of California, Los Angeles, study.