re: [Serious] What is LSU going to do to get out of their financial situation?

That's a interesting take, but IMO it's a political problem. Bobby doesn't know how to project or balance a budget and the legislature won't get rid of tops or give LSU the power to set its tuition at market value. If the state wants to privatize higher ed and stop funding it, then do it all the way. Nobody wins in the current system.