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re: LSU Folks - how did the $$$$$ situation at the University get so dire?
Posted on 7/22/19 at 11:41 am to SummerOfGeorge
Posted on 7/22/19 at 11:41 am to SummerOfGeorge
quote:According to Winkerpedia he is the editor
What is Kovacs?
2
Posted on 7/22/19 at 11:45 am to WilliamTaylor21
nExt LeVEl
Posted on 7/22/19 at 11:51 am to SummerOfGeorge
That said, the financial management of LSU is a disaster. It blows my mind that the university actually teaches people how to be business managers, yet they have no clue as to how they should management their own business.
I guess it's true what they say, those who don't do - teach. (And those who don't teach, teach PE.)
LSU could probably operate at half their current budget with proper management.
I guess it's true what they say, those who don't do - teach. (And those who don't teach, teach PE.)
LSU could probably operate at half their current budget with proper management.
Posted on 7/22/19 at 11:59 am to SummerOfGeorge
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.
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 on 7/22/19 at 12:00 pm to WildTchoupitoulas
quote:
That said, the financial management of LSU is a disaster. It blows my mind that the university actually teaches people how to be business managers, yet they have no clue as to how they should management their own business.
LSU’s school of business is highly respected. As is it’s engineering department. LSU is being held back by bullshite politics.
Posted on 7/22/19 at 12:02 pm to WildTchoupitoulas
A hard truth, but necessary.
Good post.
Good post.
Posted on 7/22/19 at 12:02 pm to SummerOfGeorge
quote:
but the main operating revenues of a University are state funds and tuition. It's not the alumni of a school's job to pay for repairs and maintenance of buildings on campus, or to make up the shortfall, nor should they be finger waged for giving money to athletics and the University.
Any university relying on gov't funding will eventually get left behind other schools. Universities have to think strategically and out of the box if they're to survive.
Alabama moved away from counting on the state gov't for any funding. The state contributes only about $150 million to UA's $1 billion budget. So Alabama has strategically placed itself in a positive pisition through student recruitment and getting valuable out-of-state tuition dollars.
Alabama currently has about $400 million worth of construction projects going on right now.
The Bryce land purchase has been a decade long development and is almost like an entirely different campus within a campus...much like the Science & Engineering complex anchored by Shelby.
University of Alabama construction projects
Posted on 7/22/19 at 12:06 pm to secuniversity
quote:
Any university relying on gov't funding will eventually get left behind other schools. Universities have to think strategically and out of the box if they're to survive.
Alabama moved away from counting on the state gov't for any funding. The state contributes only about $150 million to UA's $1 billion budget. So Alabama has strategically placed itself in a positive pisition through student recruitment and getting valuable out-of-state tuition dollars.
Alabama currently has about $400 million worth of construction projects going on right now.
The Bryce land purchase has been a decade long development and is almost like an entirely different campus within a campus...much like the Science & Engineering complex anchored by Shelby.
University of Alabama construction projects
Mostly paid for by out-of-state tuition dollars and bonds based on those dollars though, not by donations from alumni. That was what I meant - it isn't fair to blame alumni who gives some money to football for stuff like this as if they don't care about the University and only care about sports.
When I said "government" I was including the University management, board of trustees, etc - mainly non-donor donation money.
This post was edited on 7/22/19 at 12:08 pm
Posted on 7/22/19 at 12:22 pm to DeafJam73
quote:
LSU’s school of business is highly respected.
That may be, but the school's own administration doesn't reflect that.
quote:
...As is it’s engineering department.
I'm afraid they're living off of past reputation at this point.
One department that's under-rated is the Physics Dept. They're doing good shite over there.
quote:
LSU is being held back by bullshite politics.
Wrong, it's being held back by incompetent administration within the university.
Posted on 7/22/19 at 1:08 pm to SummerOfGeorge
Posted on 7/22/19 at 1:12 pm to WildTchoupitoulas
quote:
First, let's be clear, the athletic funds are totally separate from the academic funding.
quote:
No one seemed worried about closing the school, until they realized it would threaten their precious football. then, they got their shite together and came up with the money.
And yet LSU fans are constantly trying to give Alabama fans shite.
Posted on 7/22/19 at 1:13 pm to secuniversity
quote:
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.
They probably wont get anywhere near that number but that situation was very unfortunate and the parents were very out of touch with their sons well being they should hold some of the blame. He was kicked out early and the parents pulled strings and made him go back even though he didnt want to. Of course they didnt expect their son would be forced fed a dangerous amount of alcohol and then neglected but they had to have understood his time there was going to be incredibly difficult.
Posted on 7/22/19 at 1:15 pm to SummerOfGeorge
quote:
Is it a school issue or a state issue? Or both?
Combination of both. To a certain degree the State is LSU and vice versa. It's part of the reason why the smaller schools in La. despise LSU so much. There has been doom and gloom around LSU's academic budget for as long as I can remember.
Higher Ed in La. is a bloated, inefficient mess due in part to so many schools existing. Jindal didn't help and Bel Edwards doesn't appear to be helping either because no politician in La. will expend the political capital required to fix the issue.
That's a high-level overview of the problem.
Posted on 7/22/19 at 1:16 pm to DeafJam73
quote:
LSU is being held back by bullshite politics.
LSU is being held back because it is currently run by a pack of fools.
End of story.
Posted on 7/22/19 at 1:18 pm to ibldprplgld
quote:
Combination of both. To a certain degree the State is LSU and vice versa. It's part of the reason why the smaller schools in La. despise LSU so much. There has been doom and gloom around LSU's academic budget for as long as I can remember.
Higher Ed in La. is a bloated, inefficient mess due in part to so many schools existing. Jindal didn't help and Bel Edwards doesn't appear to be helping either because no politician in La. will expend the political capital required to fix the issue.
That's a high-level overview of the problem.
How does the Louisiana public college sector (# of schools, state government block grants to those schools, etc) compare to other less wealthy Southern states (Alabama, Mississippi, Arkansas)? For instance, Alabama obviously has the University of Alabama system and the Auburn system, as well as others outside it (Troy, USA, JSU, UNA).
This post was edited on 7/22/19 at 1:25 pm
Posted on 7/22/19 at 2:09 pm to SummerOfGeorge
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 on 7/22/19 at 2:49 pm to el gato
And we simply have too many 4 year universities for a state this size. But try to make some of those schools 2 year universities or close them down entirely isn't favorable politically. Jindal tried to merge SUNO (at the time with an 8% graduation rate up from a 5% graduation rate) and UNO, but that merger died. Too much political pressure.
Posted on 7/22/19 at 3:13 pm to WilliamTaylor21
the obvious solution would be for you baw professers to learn how to use the internet. That would cut all the paper costs, and then legalize and tax weed. Not much just a little and put it all towards education. Why every state doesn't do this is beyond me.
This post was edited on 7/22/19 at 3:14 pm
Posted on 7/22/19 at 6:22 pm to SummerOfGeorge
quote:
How does the Louisiana public college sector (# of schools, state government block grants to those schools, etc) compare to other less wealthy Southern states (Alabama, Mississippi, Arkansas)? For instance, Alabama obviously has the University of Alabama system and the Auburn system, as well as others outside it (Troy, USA, JSU, UNA).
In Louisiana, there are three main systems plus the technical and community college system. Here they are minus the advanced programs/schools (no med schools, law schools, etc.)
Louisiana State University System:
LSU
LSU-Alexandria
LSU-Shreveport
LSU-Eunice (2-year)
University of Louisiana System:
UL Lafayette
UL Monroe
La Tech
McNeese
Nicholls
Northwestern
Southeastern
University of New Orleans
Grambling
Southern University System:
Southern BR
Southern NO
Southern Shreveport (2-year)
So between the three systems, that's 14 4 year public higher education campuses in Louisiana. There is **zero** reason why a State with a population ~4.6M people needs that many.
There are so many redundant programs and entire Universities that should not exist (even one entire system to be honest), but no politician is going to stick his neck out and try to fix the problem. The State budget is big enough, the problem is there are too many schools taking a share of it. That's a very simplified view of what has become a literal shite show.
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