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re: So LSU is probably filing for bankruptcy

Posted on 4/23/15 at 11:00 am to
Posted by GeorgeReymond
Buckhead
Member since Jan 2013
10155 posts
Posted on 4/23/15 at 11:00 am to
What college were these professors in?
Posted by WildTchoupitoulas
Member since Jan 2010
44071 posts
Posted on 4/23/15 at 11:01 am to
quote:

this is the hyperbole that people start to believe

Unfortunately you don't know what you're talking about and any amount of closing your eyes won't make the problem go away.

I don't believe the school will close its doors next fall, but there is a SERIOUS problem with retaining quality faculty right now.
Posted by Team Vote
DFW
Member since Aug 2014
7730 posts
Posted on 4/23/15 at 11:03 am to
quote:

I don't believe the school will close its doors next fall, but there is a SERIOUS problem with retaining quality faculty right now.


And they had a hard time attracting top faculty too, and that was with a chancellor/president that didn't have to resort to the dramatics. It's posturing, but this is something that has been ignored and ignored and Alexander is actually doing something about it (which is his job by the way)
Posted by beardkp
H-Town
Member since Feb 2013
1015 posts
Posted on 4/23/15 at 11:03 am to
quote:

No wonder they have financial issues - the pay people like Kevin Steal 1.1 million per year.



No way you are this dumb...

Legislative budget doesn't pay for athletic department coaches salaries. Or anything athletic related for that matter.

Also there is ZERO chance a semester would be canceled even if they filed.
Posted by WildTchoupitoulas
Member since Jan 2010
44071 posts
Posted on 4/23/15 at 11:05 am to
quote:

What college were these professors in?

Science, Mass Comm and Humanities.

ETA: Another close friend of mine in Engineering has had his number of students per year double in the last 4 years. They added sections and numbers of students per section to his work load with no raise in pay. He's currently looking.
This post was edited on 4/23/15 at 11:07 am
Posted by cardboardboxer
Member since Apr 2012
34330 posts
Posted on 4/23/15 at 11:06 am to
quote:

athletics...not at all.


False. It has already changed the schedule for building new AD facilities. Optics are important for an AD.
Posted by cardboardboxer
Member since Apr 2012
34330 posts
Posted on 4/23/15 at 11:06 am to
quote:

My stance was the SEC as a whole, if you want every team out that may be a problem to you, then you will be in a very weak, and often over looked conference.



Aka The Big 12.
Posted by WildTchoupitoulas
Member since Jan 2010
44071 posts
Posted on 4/23/15 at 11:08 am to
quote:

Optics are important for an AD.

You don't know what you're talking about, Alleva's got 20-20 vision.
Posted by cardboardboxer
Member since Apr 2012
34330 posts
Posted on 4/23/15 at 11:13 am to
quote:

Alleva's got 20-20 vision.


I hope his does better than Texas A&M's Vision 2020.
Posted by higgs_boson
State College, PA
Member since Sep 2014
22454 posts
Posted on 4/23/15 at 11:18 am to
There is no positive spin on a billion dollar deficit.

LSU has already suffered a credit downgrade. I do not think that will impact athletics --- so if you only care about football you are probably fine.

If you care about higher education in Louisiana, it is a sad time to see. I see choctaw attacking the "liberals" --- I am pretty sure Louisiana is not known as the great bastion of liberalism. Bottom line --- we need to get back to the buck stops here philosophy. IF you are the governor, keep the heat on the legislature to try and plug the holes --- do not go around trying to get into another office at a time of financial crisis.
Posted by MetryTyger
Metro NOLA, LA
Member since Jan 2004
15580 posts
Posted on 4/23/15 at 11:22 am to
It will affect the satellite campuses at Alexandria, Eunice, and Shreveport more. It will not affect LSU's Tier I status, it's Top 30 Research ranking, nor it's ForeverLSU Top 30 Quality Thrust.
If there are over 1% cuts to the 11% of the total LSU budget that comes from the State, it may affect some programs on the Baton Rouge campus, and some professors....
This post was edited on 4/23/15 at 11:23 am
Posted by higgs_boson
State College, PA
Member since Sep 2014
22454 posts
Posted on 4/23/15 at 11:31 am to
Do not disagree with anything you said. I merely stated this hurts higher ed in the state, not implying the main campus. The credit downgrade will make any new projects more expensive for LSU anywhere, however.
Posted by MetryTyger
Metro NOLA, LA
Member since Jan 2004
15580 posts
Posted on 4/23/15 at 11:37 am to
Yes, hopefully just temporarily.....

Jindal....
Posted by Scoreboard
Madison, AL
Member since Apr 2012
2011 posts
Posted on 4/23/15 at 11:37 am to
OK, if you're an LSU fan, and you ever made fun of UT's finances, better get started on that crow!
Posted by cardboardboxer
Member since Apr 2012
34330 posts
Posted on 4/23/15 at 11:44 am to
quote:

OK, if you're an LSU fan, and you ever made fun of UT's finances, better get started on that crow!



Completely different.

With Tenn mismanagement and incompetence IN THE AD made the department run into the red. With LSU mismanagement and incompetence IN THE STATE GOVERNMENT is making the university run in the red.

In the real world what is happening to LSU is much worse than what happened to Tenn, as it could really change the academic standing of the university for decades. But in the Rant world what happened to Tenn is more relevant because we talk sports on here. At the worst this will force LSU's AD to keep an eye on public displays of inefficiency (like letting Chavis walk without paying the buyout or buying new facilities) to avoid a PR problem. I don't see it going beyond that for Rant purposes (maybe negative recruiting).

Actually in the mid-00's A&M's AD hit rock bottom and had to borrow from the school to stay afloat so Aggies know the Tenn situation well. I don't think any SEC school has waded into the waters LSU is getting into though, it takes DECADES of legislative and constitutional incompetence to get to a situation like this.
Posted by RT1941
Member since May 2007
30193 posts
Posted on 4/23/15 at 11:44 am to
quote:

Exactly. Spending great amounts of time out of state currying favors from others for his own interests. He's using his own state as his "model". "See, I know how to cut spending and waste." All at the expense of education and healthcare. But the far right loves it and that's his target audience and support.


Does the Louisiana constitution allow him to cut any other programs when facing budget deficits?
Posted by Duke
Twin Lakes, CO
Member since Jan 2008
35606 posts
Posted on 4/23/15 at 11:46 am to
quote:

Another close friend of mine in Engineering has had his number of students per year double in the last 4 years. They added sections and numbers of students per section to his work load with no raise in pay. He's currently looking.


The numbers in the engineering school are incredible. The number of faculty in ChE has gone down while student numbers continue to rise. The lack of funding is only going to make this worse.
Posted by Team Vote
DFW
Member since Aug 2014
7730 posts
Posted on 4/23/15 at 11:53 am to
quote:

The numbers in the engineering school are incredible. The number of faculty in ChE has gone down while student numbers continue to rise. The lack of funding is only going to make this worse.


Nah Choctaw says we skrait
Posted by cardboardboxer
Member since Apr 2012
34330 posts
Posted on 4/23/15 at 11:59 am to
quote:

Nah Choctaw says we skrait



Posted by Choctaw
Pumpin' Sunshine
Member since Jul 2007
77774 posts
Posted on 4/23/15 at 12:06 pm to
quote:

"We're going ahead with our course offerings but we have scaled back hiring," LSU President F. King Alexander, also chancellor at the Baton Rouge campus, said.

The university had planned on hiring 125 new faculty members, a majority of which are replacements due to retirements and open vacancies, but Alexander said that figure will be scaled back by some 50 percent. Instead, LSU will look to hire 60 new faculty members.


yeah...all hell is breaking loose

like i said....scare tactics.
This post was edited on 4/23/15 at 12:10 pm
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