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re: Explain basic LSU economics to me
Posted on 12/29/17 at 8:38 pm to Tennjed
Posted on 12/29/17 at 8:38 pm to Tennjed
It's pretty simple
LSU TAF is well off and has one of the best revenues in the nation.
Louisiana has to many colleges and the constitution is horrible. (only allows cuts to Ed and Health Care)
Actually LSU as of today has the highest paid staff in the country. Not exactly broke. We still have to pay off 3 or 4 coaches buyouts. (Les, Johnny Jones, 1 or 2 past assistants I don't remember)
I believe LSU is profitable in all three major sports (Football, Baseball, and Basketball) very few schools can claim this.
Academically Louisiana is broke NOT LSU alone. Louisiana has a strange constitution that protects cuts from everything but education and healthcare. So when the economy was struggling they only way Jindal could keep a balanced budget was gutting higher ed and hospitals. Baton Rouge closed an ER a couple years ago)
Another issue is Louisiana has to many four year colleges.
LSU
LSU A
LSU S
LT
McNeese
Nicholls
Northwestern
Southeastern
Southern
SUNO (11% graduation rate, which is up from 2011)
ULL
ULM
UNO
LSU TAF is well off and has one of the best revenues in the nation.
Louisiana has to many colleges and the constitution is horrible. (only allows cuts to Ed and Health Care)
Actually LSU as of today has the highest paid staff in the country. Not exactly broke. We still have to pay off 3 or 4 coaches buyouts. (Les, Johnny Jones, 1 or 2 past assistants I don't remember)
I believe LSU is profitable in all three major sports (Football, Baseball, and Basketball) very few schools can claim this.
Academically Louisiana is broke NOT LSU alone. Louisiana has a strange constitution that protects cuts from everything but education and healthcare. So when the economy was struggling they only way Jindal could keep a balanced budget was gutting higher ed and hospitals. Baton Rouge closed an ER a couple years ago)
Another issue is Louisiana has to many four year colleges.
LSU
LSU A
LSU S
LT
McNeese
Nicholls
Northwestern
Southeastern
Southern
SUNO (11% graduation rate, which is up from 2011)
ULL
ULM
UNO
This post was edited on 12/29/17 at 8:39 pm
Posted on 12/29/17 at 8:40 pm to catholictigerfan
quote:
Another issue is Louisiana has to many four year colleges.
Thanks to idiot legislators funding TOPS instead of running a decent government. One of the many reasons I left, paying too much in taxes and getting jack from it.
Posted on 12/29/17 at 8:53 pm to catholictigerfan
quote:
Louisiana has a strange constitution that protects cuts from everything but education and healthcare.
This basically. The only way to seriously handle the issue long-term is to write a new constitution but's it's much safer and easier politically to badger the legislators and then for the legislators to "find" more revenue.
I mean, lord forbid we cut some of the BILLIONS that state budget has increased in the past decade.
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