One thing Louisiana doesn’t have a shortage of is LSU
fans. Their exuberance for LSU athletics is stupendous; even among those
who never attended the university. Ask them a question about LSU athletic
stats and you surely will receive a knowledgeable answer. But, ask them a
question about the current financial situation facing the university, and
sadly, most of these same fans will simply respond with blank stares.
They have little or no knowledge of the dire financial consequences that are
currently brewing with the rest of LSU.
LSU is running out of money to operate as the premier
research university in this state, and even the LSU students seem blasé about the seriousness of this
situation.
The funding cuts currently proposed to stem the $1.6 billion
deficit, which the Jindal administration along with our esteemed legislators
have created, would reduce the state funding for LSU next year from
around $3,500 per undergraduate student to $660 per undergraduate student.
In response to this, LSU is considering filing for
“financial exigency” or academic bankruptcy, something Southern University was
recently forced to do. This status makes it easier for public colleges to shut
down programs and lay off tenured faculty. However, it also impacts a
school's reputation, making it harder to recruit high quality faculty and
students. Yes, and that includes athletes. No one wants to
play for a school that has a bottom rung academic reputation.
Don’t take the attitude that all this bankruptcy talk is
just grand standing and that our legislators would never let this happen.
Jindal has made it perfectly clear that he will veto any kind of revenue
raising plan that is not what he has termed ‘revenue neutral’ and your
legislators have no previous history of ever overriding any of Jindal’s
vetoes. If you don’t think Jindal will sacrifice even LSU for a
presidential nod you are foolish. Just look it all the other sacrificial
lambs he has already served up on his quest.
If you like your LSU sports, you better get off your duffs
and do something, because you can’t have a premier athletic program without a
premier university.
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