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re: So LSU is probably filing for bankruptcy
Posted on 4/23/15 at 8:44 am to TeLeFaWx
Posted on 4/23/15 at 8:44 am to TeLeFaWx
quote:
Quit losing bowl games, defensive coordinators, and 5 star receivers out of New Orleans.
You missed the point, Les is so good he can take his'n and beat your'n and take your'n and beat his'n.
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Posted on 4/23/15 at 8:44 am to hawgfaninc
"Bobby, our public education is way under-funded!"
"frick all that, we gotta keep the gays from getting wedding cakes!"
"frick all that, we gotta keep the gays from getting wedding cakes!"
Posted on 4/23/15 at 8:44 am to Choctaw
quote:
i know y'all are all giddy with excitement at the thought of splendid troll material...but y'all don't know what the hell you're talking about.
I wouldn't say I was giddy over troll material, but I do know exactly what financial exigency is and what it means for a school. Staff/faculty (even tenured) are let go, programs/classes/degrees are cutback, recruiting students is harder (b/c of lack of classes/majors,) recruiting quality faculty is MUCH harder, and the credit rating of the school is negatively impacted (making borrowing money for building more expensive.) There are also salary freezes
Once a school is in financial exigency it is not necessarily forever, they can get out of it, but the funding has to be in place. It is just a matter of 'when or if' that funding comes in. There was a Community College in Auburn that recently got out of financial exigency.
https://auburnpub.com/news/local/cayuga-community-college-out-of-financial-exigency-adjuncts-want-to/article_ca802cfb-b92f-5b0e-83b5-8e8885670d36.html''
However, if you think that financial exigency will have no impact on lsu's academics or athletics, than that's completely naive. It is not like they'll close the doors on the whole school and send every single student home and the football team won't take the field in the fall, but this is a really big deal for the reasons already listed in this thread.
I don't know how much or if negative recruiting goes on at SC (I don't think it does, otherwise we would be recruiting better,) but for the programs that do use negative recruiting, this is going to be really good ammo.
This post was edited on 4/23/15 at 8:57 am
Posted on 4/23/15 at 8:45 am to Choctaw
quote:
waaaaaay too many for the population. never understood this
It's politics. Killing some of those schools would be harmful to many of the towns they're in and their state representation is going to fight to the bitter end to keep them open. The political will isn't there to fight back.
Posted on 4/23/15 at 8:48 am to SwayzeBalla
quote:
In your opinion, do you think the Chavis contract had anything to do with this?
Not in the least. This is the direct result of political grandstanding. Jindal and company want to take away funding from public schools (they've done that on the K-12 level already, it's a big reason why y'all have so many charter schools in LA) and now they are targeting that same principal on higher ed.
This post was edited on 4/23/15 at 8:53 am
Posted on 4/23/15 at 8:54 am to CockInYourEar
quote:
However, if you think that financial exigency will have no impact on lsu's academics or athletics, than that's completely naive
academics...maybe. but the satellite campuses will feel it first.
athletics...not at all. LSUs athletic department is completely self sustaining and actually gives millions back to the school each year
LSU is the only athletic dept in the SEC to take 0 subsidies from the state
This post was edited on 4/23/15 at 8:57 am
Posted on 4/23/15 at 9:05 am to Choctaw
quote:
athletics...not at all. LSUs athletic department is completely self sustaining and actually gives millions back to the school each year
Y'all are going to get some recruits who wanted to go to LSU regardless of academics, we can agree on that most likely. Where y'all are going to get hit though are on:
1. Recruits who want a major that LSU no longer offers,
2. Recruits find out that only "X" number of classes are offered and it makes balancing/scheduling school/football even harder.
3. With the NCAA raising the academic threshold of admittance for NCAA athletes this coming year, everybody is going to have to recruit better student-athletes and some of the guys who in year's past who would've been borderline qualifiers won't get in anywhere. (even if they grew up a fan of that school an just wanted to go there a year or 3 before turning pro.) So it could be harder to recruit better student athletes to an institution that is in academic bankruptcy.
4. Negative recruiting efforts by other schools against LSU will have really good ammo with the financial exigency in place.
Posted on 4/23/15 at 9:11 am to CockInYourEar
quote:
Y'all are going to get some recruits who wanted to go to LSU regardless of academics, we can agree on that most likely. Where y'all are going to get hit though are on:
1. Recruits who want a major that LSU no longer offers,
2. Recruits find out that only "X" number of classes are offered and it makes balancing/scheduling school/football even harder.
3. With the NCAA raising the academic threshold of admittance for NCAA athletes this coming year, everybody is going to have to recruit better student-athletes and some of the guys who in year's past who would've been borderline qualifiers won't get in anywhere. (even if they grew up a fan of that school an just wanted to go there a year or 3 before turning pro.) So it could be harder to recruit better student athletes to an institution that is in academic bankruptcy.
4. Negative recruiting efforts by other schools against LSU will have really good ammo with the financial exigency in place.
trust me...this will be a non-story in a few months.
its not a coincidence that this article comes out right when the Legislature starts. liberals using scare tactics to get more money from the government.
Posted on 4/23/15 at 9:13 am to CockInYourEar
Negative recruiting against LSU would be exceedingly easy if financial exigency occurs. Just point out to parents the number of kids that make to the NFL, how having a college degree is a huge asset, and how LSU's academics are taking a huge hit and likely will be uncertain for awhile.
Posted on 4/23/15 at 9:15 am to Choctaw
NOT a flame. I understand that Alabama is in similar shape. look for them wanting greater assistance from the state, but the state is broke. Will NOT impact sports, just programs, students, ability to recruit professors, increased tuition, etc...
This post was edited on 4/23/15 at 9:16 am
Posted on 4/23/15 at 9:15 am to Choctaw
If y'all file for financial exigency, this will be a major story that won't go away. Not one wants to see the state flagship university fall in the academic rankings. Students coming out would be less competitive than out of state students.
Posted on 4/23/15 at 9:17 am to allin2010
Louisiana needs a new constitution.
Posted on 4/23/15 at 9:19 am to Duke
Louisiana's higher education community is facing an 82 percent funding cut if no extra state money is found.
The change would bring state funding for LSU from around $3,500 per undergraduate student to $660 per undergraduate student next year.
LSU will have to raise tuition by $3,000 per student per year. ouch.
The change would bring state funding for LSU from around $3,500 per undergraduate student to $660 per undergraduate student next year.
LSU will have to raise tuition by $3,000 per student per year. ouch.
Posted on 4/23/15 at 9:24 am to allin2010
quote:
Louisiana's higher education community is facing an 82 percent funding cut if no extra state money is found.
The change would bring state funding for LSU from around $3,500 per undergraduate student to $660 per undergraduate student next year.
LSU will have to raise tuition by $3,000 per student per year. ouch.
"Move along, nothing to see here."
- Choctaw
Posted on 4/23/15 at 9:26 am to hawgfaninc
Will the Government take over the Athletic Program like they did GM? Will Obama be the new head coach?
Posted on 4/23/15 at 9:30 am to allin2010
quote:
LSU will have to raise tuition by $3,000 per student per year. ouch.
I go to LSU. I'm not looking forward to that bill.
The legislature and Jindal can't come together on much of anything at this time. So I'm expecting more debt in order to get my engineering degree and going into a job market that is cooling down fast with a glut of students entering engineering majors. Thankfully my wife got a law degree just as the market crashed in 2008 with a cool six figure debt on her books.
Posted on 4/23/15 at 9:31 am to Choctaw
quote:
liberals using scare tactics to get more money from the government.
I guess it can't be something like a school administrator telling the government that if they're going to continue to cut the budget, at least give the school the power to raise tuition.
No, it's got to be those liberal academic eggheads crying to get more money. I mean why do we even have universities if they're just going to be breeding grounds for communism, right?
In the past two years I've had 3 friends have to leave LSU after getting tenure due to the university being unable to give them a raise.
Posted on 4/23/15 at 9:35 am to el gato
quote:
Meaning you don't understand what I'm talking about. Did you even read the article that was linked? Supporting one political party or another has nothing to do with how fricked up the Louisiana constitution is. Sure, if it makes you feel better, blame it on politics. The problems will still be there after Jindal is gone.
Meaning it's a joke sunshine. And yes I understand quite well, thank you.
Posted on 4/23/15 at 9:37 am to hawgfaninc
quote:If you living off 1 game then any team even the lowly ones could stand up and crow.
I could see where schools like 17-0
If you can't understand what I wrote, then there really is no reason to debate you.
My stance was the SEC as a whole, if you want every team out that may be a problem to you, then you will be in a very weak, and often over looked conference.
Posted on 4/23/15 at 9:37 am to Projectpat
quote:
Another blow to the "LSU didn't want to pay Chavis more" theory. The want was obviously there. The ability on the other hand...sounds like y'all need to raise crawfish prices again!
The athletic program if self sustaining and receives zero money from the state. In fact it gives millions back to the university every year. Gave $15 mil this past year.
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