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LSU Folks - how did the $$$$$ situation at the University get so dire?

Posted on 7/22/19 at 10:16 am
Posted by SummerOfGeorge
Member since Jul 2013
102699 posts
Posted on 7/22/19 at 10:16 am
Advocate : Raised fees, layoffs at LSU not an option for budget shortfall

I know some of the general underlying economic reasons (energy revenue decline, poor planning at the state government, etc) but how does it continue to get worse? Is there any solution in sight?

From the outside it seems like a terrible concoction of revenue decline and idiots in charge. Is there anything else to it? Really hope things work out.
This post was edited on 7/22/19 at 10:20 am
Posted by TruthTellerLSU
Fulshear, Texas
Member since Jun 2018
413 posts
Posted on 7/22/19 at 10:21 am to
Democrats in charge
Posted by Captain Crown
Member since Jun 2011
51167 posts
Posted on 7/22/19 at 10:22 am to
Too many strong arse offers
Posted by thunderbird1100
GSU Eagles fan
Member since Oct 2007
68678 posts
Posted on 7/22/19 at 10:23 am to
F King will get replaced as head of the school
Posted by ForeverLSU5
Member since Mar 2019
1980 posts
Posted on 7/22/19 at 10:25 am to
Bad public leadership in all parts, government and F. King, but the athletic department is running stronger than ever.
Posted by WilliamTaylor21
2720 Arse Whipping Avenue
Member since Dec 2013
35936 posts
Posted on 7/22/19 at 10:26 am to
DOlLaR gEnErAl Kovacs bRiNgInG ThE #hOtTaKeS 5 dAyS aGo
Posted by Belue2Scott
Iowa (via Norcross)
Member since May 2019
1538 posts
Posted on 7/22/19 at 10:26 am to
Booby Jindal
Posted by lsu711
Member since Sep 2003
13227 posts
Posted on 7/22/19 at 10:33 am to
Response thread to pods? You are better than this.
Posted by Gulf Coast Tiger
Ms Gulf Coast
Member since Jan 2004
18742 posts
Posted on 7/22/19 at 10:48 am to
A long line of crooked politicians in charge
Posted by SammyTiger
Baton Rouge, LA
Member since Feb 2009
67777 posts
Posted on 7/22/19 at 10:49 am to
Combination of bloated administrative coasts, tax cuts, drop in oil prices and budget cuts.
Posted by YodaWithALightSaber
Member since Apr 2019
451 posts
Posted on 7/22/19 at 10:51 am to
The State did that for them unfortunately.

Control over your University is very important. A University is a business first and foremost. Governments need money to run and LSU was at the top of their list unfortunately.
Posted by secuniversity
Member since May 2015
5694 posts
Posted on 7/22/19 at 10:58 am to
Been that way for a while.

quote:

"We are on the bottom," Alexander said.
Alexander said faculty pay raises are a top need, especially since average pay is 12th of 14 schools in the SEC.
Alexander said LSU has stemmed the annual loss from its teaching ranks, especially when budgets were being slashed regularly.
...which left LSU last in the Southeastern Conference in state spending per student and next to last nationally among peer institutions.

Source: LINK

And last week it was announced LSU is getting sued for $25 million for the hazing death of a student.
quote:

The Gruvers, who live in Roswell, Georgia, have filed a $25 million lawsuit against the university.
This post was edited on 7/22/19 at 11:02 am
Posted by SouthernInsanity
Shadows of Death Valley
Member since Nov 2012
18839 posts
Posted on 7/22/19 at 11:11 am to
Probably because of the 24/7 tech support keeping the SECR flying high, since not one other damn SEC school hasn't anything like it.
Posted by deaux
Member since Oct 2018
20267 posts
Posted on 7/22/19 at 11:19 am to
quote:

terrible concoction of revenue decline and idiots in charge


Yes.
Posted by DeafJam73
Baton Rouge
Member since Sep 2010
18670 posts
Posted on 7/22/19 at 11:59 am to
It’s a combination of terrible leadership at multiple levels. Start off with the governor John Bel Edwards who does everything to hike up taxes, keep business away and line his friends’ pockets. Go down to the board of supervisors who are all just a bunch of political hacks who use it as a platform for personal gain. Them trickle down to the president of the university who preaches more about diversity than anything else. Don’t get me wrong, I’m all for minorities improving their circumstances, but you need more to hang your hat on. Combine that with the fact that their aren’t many jobs for young professionals in Louisiana, the funding dries up for academics because the tax base isn’t that great. All you’re left with are blue collar workers (that’s me) and wellfare sponges. Of course, the libtards and Dems are calling all of this progress for “equality.”

For the record, the football program is self-sustainable. It does not draw money from the state. It actually cuts a portion of its profits to the school.
Posted by Poker Dough
Atlanta
Member since Jan 2018
8663 posts
Posted on 7/22/19 at 1:08 pm to
Posted by el gato
Baton Rouge
Member since May 2005
2418 posts
Posted on 7/22/19 at 2:09 pm to
The problems in Louisiana have been years in the making. The problem is with the politcians -- democrat and republican -- who have managed to cram sweetheart deals for themselves and/or their area of the state into the Louisiana constitution. Every year, there is a fight in the legislature as the state tries to find money to fund projects like the pay raise teachers got this year because no one wants to give up any of their own. This was an unusual year because there was a relatively small budget surplus, but once the end of June rolls around it is the Governor's responsiblity to see that the state budget is balanced -- it is state law that the budget must balance -- and the only areas where discretionary cuts can be made are health care and education. Blaming one governor or one political party is way too simple for this ridiculously fricked up situation.
Posted by Fishhead
Elmendorf, TX
Member since Jan 2008
12197 posts
Posted on 7/22/19 at 6:27 pm to
quote:

idiots in charge
Posted by joshua2571
Member since Nov 2015
8151 posts
Posted on 7/22/19 at 8:26 pm to
Southern is the best baseball team in Baton Rouge
Posted by Ole Ag
Member since Oct 2018
2247 posts
Posted on 7/22/19 at 8:55 pm to
So the athletic department is flush with cash, but the academic portion of the school is broke? Am I the only one that thinks this is backwards as hell. I mean third world country backwards. Are folks in Louisiana ok with how their limited resources are being spent?
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