Well, maybe that's not exactly their point.
UPDATE: Steve@Pioneer claims in our Comments section that Pioneer was actually trying to point out that Massachusetts has a heavy public debt, not that we spend relatively little on public higher education, and he points to this op-ed as proof. According to Pioneer's Charles Chieppo and Steve Poftak, the debt amounts to $12,550 per citizen. But surely we can match that by spending more on public higher ed. Doesn't every freshman deserve one of these as a reward for graduating from high school?