> UC Berkeley continues to bring in nine-figure money with off-shore students paying high tuition, looking for their chance to strike it rich in the high tech scene, while those of ordinary means are economically crushed.
First of all, it's definitely much less than 9 figures.
UC Berkeley is one of the top schools not just in America, but in the world. Of course the brightest minds of the world would want to go there (or similar places like MIT/Stanford/Harvard etc).
Also, the economics eventually works out. Those high tuition is foreign money coming into the US — though probably a drop in the ocean compared to US economy as a whole — is nevertheless a good thing. Smart people from other countries coming into America is a good thing.
Would you rather prefer all those smart people go to, say Oxford UK, TU-Munich, ETH Zurich etc (which are other popular destinations of foreign students)?
Be grateful that smart people want to come in.
PS: I'm one of those "offshore students" (though not in Berkeley) who have "gone back to their country" after graduating; had a wonderful time in America :)