The latest budget-fix brainstorm from Schwarzenegger’s ogre-ish noggin is the most terrifying threat to in-state higher education we’ve seen in our two-decade-odd lifetimes. According to his latest budget proposal, he wants to completely phase out the Cal Grant program, which currently provides over $800 million to upward of 80,000 students every year, for all new university students — and cap the maximum awards for all those who currently receive them, regardless of rising tuition.