Interesting article - LSU football threatened by budget

[HtownOrange]

The school isn't shutting down. This is a political ploy to extort the opposition to approve a massive spending increase. Nothing more. Emergency/health services will not be cut. The truth is the politicians are merely positioning themselves for a fight, and if one looks closely at the all the facts, one will see the governor wants a major increase. To get his increase, he is actually hiding his increases for his projects and offering up the cuts to education and emergency/health services as a means of a dramatic ploy to twist the opposition's arm to approve the spending increase. There will be a compromise. And as I stated above, the current year is funded and the school will not close before credits are issued, even under the dramatic posturing.

 

[HtownOrange]

https://sites01.lsu.edu/wp/budget/budget-faq/

When the recession began, LSU – all campuses – was 74% supported by the state while student tuition and fees made up only 26% of its funding. Currently, LSU is 41% state-supported, with 59% of its funding coming from tuition and fees.

http://www.nbcnews.com/business/economy/amid-funding-cuts-will-lsu-have-declare-bankruptcy-n347951

Lawmakers have historically been reluctant to raise tuition -- currently $8,758 for tuition and fees for in-state students at LSU -- but there is discussion about giving schools themselves more freedom to do so.

Essentially, the school could increase tuition and cover the costs. A north east private school would still be triple to quadruple the cost of a self funded LSU. Students may be more motivted to take courses that lead to paying jobs over art history and dance if they know they have to pay for it after graduating.

Fro the second link:

the UL system was already trying to double the number of STEM majors it graduates to keep up with demand and make the state more competitive...

Sounds a little familiar, hitting a little close to home. Everyone Syracuse grad should be sending thank you notes to Sevyrud for his foresight. He gets it!

P.S. I know I may sound a little cold on this topic but it is time that everyone realizes that nothing is free. Somebody has to pay for the other guy's "free ride". I am not against assistance, but sometimes tough decisions have to be made and this is an easy decision to me; no free rides for education. Learn something that will make you independent and give back to your community. Personal hobbies should be self funded not paid for by taxpayers. I enjoy many avenues of study but I pay for the ones that do not directly benefit society or my employer.

 

[longtimefan]

https://sites01.lsu.edu/wp/budget/budget-faq/

When the recession began, LSU – all campuses – was 74% supported by the state while student tuition and fees made up only 26% of its funding. Currently, LSU is 41% state-supported, with 59% of its funding coming from tuition and fees.

http://www.nbcnews.com/business/economy/amid-funding-cuts-will-lsu-have-declare-bankruptcy-n347951

Lawmakers have historically been reluctant to raise tuition -- currently $8,758 for tuition and fees for in-state students at LSU -- but there is discussion about giving schools themselves more freedom to do so.

Essentially, the school could increase tuition and cover the costs. A north east private school would still be triple to quadruple the cost of a self funded LSU. Students may be more motivted to take courses that lead to paying jobs over art history and dance if they know they have to pay for it after graduating.

Fro the second link:

the UL system was already trying to double the number of STEM majors it graduates to keep up with demand and make the state more competitive...

Sounds a little familiar, hitting a little close to home. Everyone Syracuse grad should be sending thank you notes to Sevyrud for his foresight. He gets it!

P.S. I know I may sound a little cold on this topic but it is time that everyone realizes that nothing is free. Somebody has to pay for the other guy's "free ride". I am not against assistance, but sometimes tough decisions have to be made and this is an easy decision to me; no free rides for education. Learn something that will make you independent and give back to your community. Personal hobbies should be self funded not paid for by taxpayers. I enjoy many avenues of study but I pay for the ones that do not directly benefit society or my employer.

The mission of any college is to educate its students.

 

[TerryD]

As a Tea Party adherent, Bobby Jindal gave away a budget surplus (around $865 million) as a tax refund upon entering office eight years ago, confident in his adminstration's projections that oil prices would remain high.

Outside economists told him that such rosy projections were folly, to no avail.

He had budget deficits from that day forward. He refused to raise any tax and cut education and health care for eight years.

He sold state buildings and cars and leased them back to generate "one time cash" and stripped the state agencies of Federal cash (like road construction funds for Dept. of Transportation) to plug the budget gap.

The continuing decline in oil prices accelerated the problem.

The Jindal chickens have come home to roost.


http://www.nola.com/opinions/index.ssf/2..._fisc.html

 

[Moontan]

They definitely could, but they would need enough money to float the entire university. If the school shuts down the players won't be academically eligible.

Or just enough to offer 20 classes, or so, per semester just for student-athletes.

 

[longtimefan]

As a Tea Party adherent, Bobby Jindal gave away a budget surplus (around $865 million) as a tax refund upon entering office eight years ago, confident in his adminstration's projections that oil prices would remain high.

Outside economists told him that such rosy projections were folly, to no avail.

He had budget deficits from that day forward. He refused to raise any tax and cut education and health care for eight years.

He sold state buildings and cars and leased them back to generate "one time cash" and stripped the state agencies of Federal cash (like road construction funds for Dept. of Transportation) to plug the budget gap.

The continuing decline in oil prices accelerated the problem.

The Jindal chickens have come home to roost.


http://www.nola.com/opinions/index.ssf/2..._fisc.html

So, you're saying that Jindal beat Brownback to the punch.

 

[HtownOrange]

The mission of any college is to educate its students.

My post did not indicate otherwise. I merely pointed out that LSU is only 41% state funded and that they could move towards a private school model. The Gov. is merely playing politics to position himself for negotiations.

 

[longtimefan]

My post did not indicate otherwise. I merely pointed out that LSU is only 41% state funded and that they could move towards a private school model. The Gov. is merely playing politics to position himself for negotiations.

If TerryD's post above is correct, the new governor is trying to put out Jindal's dumpster fire.

 

[HtownOrange]

As a Tea Party adherent, Bobby Jindal gave away a budget surplus (around $865 million) as a tax refund upon entering office eight years ago, confident in his adminstration's projections that oil prices would remain high.

Outside economists told him that such rosy projections were folly, to no avail.

He had budget deficits from that day forward. He refused to raise any tax and cut education and health care for eight years.

He sold state buildings and cars and leased them back to generate "one time cash" and stripped the state agencies of Federal cash (like road construction funds for Dept. of Transportation) to plug the budget gap.

The continuing decline in oil prices accelerated the problem.

The Jindal chickens have come home to roost.


http://www.nola.com/opinions/index.ssf/2..._fisc.html

And so the pendulum swings. If politicians could just be statesmen and work these issues in the halls of government rather than be media whores trying to manipulate the opposition in the press, we the masses would not despise them so much.

Jindal was foolish to believe there would be no downturns. Edwards is foolish to strong arm when it isn't necessary. Too often, politicians are fools.

 

[HtownOrange]

If TerryD's post above is correct, the new governor is trying to put out Jindal's dumpster fire.

Regardless of political affiliation or position, I did not imply that LSU's mission was other than to educate its students. I even went so far as to draw the correlation that LSU is emphasizing STEM (just like our favorite University is now doing).

Jindal may have created a dumpster fire and Edwards is working on his. If they would work together (left and right) they might just actually put out these fires rather than create new ones. Regardless, LSU is not being closed, funding will come from somewhere, even if the kids have to pay the full shot (just like Syracuse students). Federal grants are still available, scholarships and student loans cam make up the difference. It isn't perfect but it is still functional.

 

[Hoo's That]

https://sites01.lsu.edu/wp/budget/budget-faq/

When the recession began, LSU – all campuses – was 74% supported by the state while student tuition and fees made up only 26% of its funding. Currently, LSU is 41% state-supported, with 59% of its funding coming from tuition and fees.

http://www.nbcnews.com/business/economy/amid-funding-cuts-will-lsu-have-declare-bankruptcy-n347951

Reduced to a measly 41%!!! We get 7%. You'd have to sextuple (6x) our percentage of state support to exceed what they've been reduced to. Now you know why UVa and William & Mary alums want our schools to go private. None of us wants to contemplate where we'd be without the private support our schools have received over the years.

 

[Ozcuse]

I feel like we're entering dangerous uncharted OT Forum waters on the Football Board.

 

[HtownOrange]

Reduced to a measly 41%!!! We get 7%. You'd have to s e xtuple (6x) our percentage of state support to exceed what they've been reduced to. Now you know why UVa and William & Mary alums want our schools to go private. None of us wants to contemplate where we'd be without the private support our schools have received over the years.

A few interesting numbers: http://chronicle.com/interactives/statesupport

It seems that many schools are more than half-funded by non-state support. The real take-away is that these schools are not really going anywhere and the football programs are staying put, too. Syracuse will be in Baton Rouge in 2017. I hope to be there and to see all of this board at Mark's Fine Mess Tailgate.

 

[OrangeJohn]

LSU will be fine, the smaller Southland Conference schools in Louisiana won't be fine. Dino needs to make his presence known in Louisiana starting yesterday so he can pick off some Louisiana talent from McNeese State, etc. before LSU does. Some of those FCS schools have real talent.

 

[CusefanATL]

LSU fb isn't going away (or be adversely impacted in any way) for SO many reasons. It's just being mentioned as a scare tactic.

but he said its not a scare tactic.