Last night's debate hurt Obama in the paper's view:

But during Thursday's debate, Obama made a major gaffe in incorrectly stating that he had received endorsements from every major newspaper in Texas. We may not be considered a "major" paper to many, but we represent a crucial constituency of close to 50,000 young and enthusiastic voters, and we've been scrutinizing every move of the candidates leading up to today's endorsement. Sure, Obama took many under his spell when he graced our city with his presence early in his campaign, but we think he prematurely considered his work in Austin done.

On to substantive issues:

Clinton, while not as dazzling as her opponent, has asserted her presence to us. She has pledged to restore government support to college students by increasing the availability of Stafford Loans and Pell Grants. Her outline for a universal health care system is thorough and sound, while Obama unfairly exploits the resounding term "universal" in terms of his plan, which is voluntary and wouldn't actually serve America in its entirety (like Social Security, policy can only be universal if it is mandatory). Furthermore, Clinton's plans for Iraq ensure a gradual transition to stability for the Middle East.

On the difference between Hillary and Obama,

She's proved to us over and over again that she's ready, even excited, to get her hands dirty. Meanwhile, Obama's curent focus is geared toward winning the nomination, and we need more than hope and rhetoric to be reassured that the critical transition to come with the next presidency will be handled safely.

As to Obama, the paper says he's just not ready yet.

Obama has our confident vote in four (or eight) years' time. But for now, we can't risk trusting the judgment of our hearts. Logically, Hillary Clinton should be the next president of the United States. Under her leadership, we can return to being the great country we once were.