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

Posted on 5/3/15 at 4:00 pm
Posted by Gradual_Stroke
Bee Cave, TX
Member since Oct 2012
20917 posts
Posted on 5/3/15 at 4:00 pm
Im genuinely curious as to what is going to change in LSU's situation that will make them financially solvent? No one is talking about a strategy to get out of debt, instead everyone is waiving it off as unlikely despite the schools president literally saying they're drafting bankruptcy papers. TIA

Posted by Tornado Alley
Member since Mar 2012
26496 posts
Posted on 5/3/15 at 4:01 pm to
This is gonna be one hell of a chapter 11 claim, if legit
Posted by bayouman
Uptown NOLA
Member since Apr 2012
1561 posts
Posted on 5/3/15 at 4:01 pm to
LOL
Posted by Gradual_Stroke
Bee Cave, TX
Member since Oct 2012
20917 posts
Posted on 5/3/15 at 4:02 pm to
I feel like that would be the worst thing they could do. Can yall become private since only 9% of your budget is from the government?
Posted by DaleDenton
Member since Jun 2010
42346 posts
Posted on 5/3/15 at 4:03 pm to
Did aggy athletics ever pay back the school the money loaned to them when their program went broke a couple years back?

Did LSU ever get paid the money owed to them by Chavis?
Posted by Gradual_Stroke
Bee Cave, TX
Member since Oct 2012
20917 posts
Posted on 5/3/15 at 4:03 pm to
Quit trying to hijack my thread. Go away.
This post was edited on 5/3/15 at 4:04 pm
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
55217 posts
Posted on 5/3/15 at 4:03 pm to
Posted by 1BIGTigerFan
100,000 posts
Member since Jan 2007
49082 posts
Posted on 5/3/15 at 4:07 pm to
This thread has the gay...
Posted by bayouman
Uptown NOLA
Member since Apr 2012
1561 posts
Posted on 5/3/15 at 4:07 pm to
That's not what he said. Nobody is talking about it because it's not what you think it is.
Posted by Bench McElroy
Member since Nov 2009
33919 posts
Posted on 5/3/15 at 4:08 pm to
Getting rid of their governor who cut funding would be a nice start.
Posted by Gradual_Stroke
Bee Cave, TX
Member since Oct 2012
20917 posts
Posted on 5/3/15 at 4:09 pm to
Explain
Posted by toosleaux
Stuck in Baton Rouge traffic
Member since Dec 2007
9204 posts
Posted on 5/3/15 at 4:09 pm to
It's all just for show. LSU will whine, the legislature will threaten, and then nothing happens. You are talking maybe 3% of LSU's total budget being cut. Both sides are very good at playing the part of drama queen.
Posted by hg
Member since Jun 2009
123586 posts
Posted on 5/3/15 at 4:14 pm to
Posted by SammyTiger
Baton Rouge, LA
Member since Feb 2009
66344 posts
Posted on 5/3/15 at 4:16 pm to
We could start charging A&M fans for shitty threads they start, and donate it to the school.

would solve the problem in about a week
Posted by bayou2003
Mah-zur-ree (417)
Member since Oct 2003
17646 posts
Posted on 5/3/15 at 4:17 pm to
True. If it comes down to it LSU will have people step up to donate money, including big oil companies. Its all politics.
Posted by Mo Jeaux
Member since Aug 2008
58549 posts
Posted on 5/3/15 at 4:17 pm to
Posted by Camp Randall
The Shadow of the Valley of Death
Member since Nov 2005
15585 posts
Posted on 5/3/15 at 4:17 pm to
Jizz jar money drive in College Station
Posted by TupeloTiger
Tupelo,Ms.[via Bastrop,La.]
Member since Jul 2004
4340 posts
Posted on 5/3/15 at 4:18 pm to
I helped do 8 budgets for LSU during the 80's. We only fund about 10% of the LSU budget from the state. It is VERY hard to make any cuts in Education at any level, but, LSU can do this on their own, if they didn't just blame politics for it. They don't need bankruptcy, that's a scare to Jindal to just give more state funding. It can be done, it takes leadership. I love LSU. The oil and gas taxes are down due to Obama's EPA and the temporary price of gas being down. It will pass.
Posted by lowspark12
nashville, tn
Member since Aug 2009
22365 posts
Posted on 5/3/15 at 4:22 pm to
Seriously... why are aggies so worried about LSUs financial situation?

Is this all you guys have to flame LSU?
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
55217 posts
Posted on 5/3/15 at 4:26 pm to
That's become your new go to meme
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