OT: LSU President drafting bankruptcy plan
http://www.nola.com/politics/index.ssf/2015/04/lsu_academic_bankruptcy…
I'm not sure how much of this is political brinksmanship but it would seem like a poor time to suggect to your future student body that there may not be a fall semester.
April 23rd, 2015 at 11:03 AM ^
going to be a political
April 23rd, 2015 at 11:09 AM ^
Without doubt, and only vaguely related to football. If fall semester is actually canceled and NCAA has to decide if LSU players are ineligible, then it might possibly have SOME football related discussion. As is, it's just going to be completely partisan.
April 23rd, 2015 at 11:11 AM ^
So a major college is faceing downgraded credit ratings and possible bankrupcy due to an 83% budget cut isn't news? I think this is on the same sphere as UNC's academic scandal, but with true negative implications.
April 23rd, 2015 at 11:12 AM ^
This isn't a site to get your non-Michigan sports news, sorry.
April 23rd, 2015 at 11:15 AM ^
it is not in season, so I thought OT is fair game? And major news about college sports isn't discussion worthy? It has more implications to UM than Scotty Brooks getting fired
April 23rd, 2015 at 11:17 AM ^
The no politics rule trumps all other rules.
April 23rd, 2015 at 11:21 AM ^
So what you are saying is that we need to proactively stop a thread because of the potential of political statements? If someone goes there, neg or boot him...but to think we can't have a reasoned discussion on this topic is, IMO small minded.
April 23rd, 2015 at 11:25 AM ^
Do you really feel like you need to hear what a bunch of football fans have to say about Louisiana budgetary issues? I'm not sure why anyone would argue that this is the place to have that discussion.
April 23rd, 2015 at 11:47 AM ^
If I can, why not? Besides, this board has more intellectual competency than you give it credit for
April 23rd, 2015 at 11:21 AM ^
Absolutely. When you see threads like this, you're better off going somewhere where the level of non-sports discourse is a lot higher.
April 23rd, 2015 at 11:19 AM ^
Tell Brian that. Every time a US soccer player gets an orange slice, it's front page news.
April 23rd, 2015 at 11:30 AM ^
I would say this comment is absolutely ridiculous on a blog with constant tigers, lions and red wings updates. Unless you meant to say the state of michigan related, cause otherwise there is a lot of non-michigan sports news on this site. I just don't click it as I could not care less about those teams, but one could argue that just because the university is in michigan, does not make the pro sports teams relevant to this site.
April 23rd, 2015 at 11:35 AM ^
I'm not saying that nothing else ends up on this site, but the fact that this is news is not reason for it be on here. If you are looking for news, you are in the wrong place.
Based on the voting, if you're looking for others to help you scream to get off someone else's blog's lawn, it seems it's you who is looking in the wrong place.
April 23rd, 2015 at 11:14 AM ^
The UNC scandal was exclusive to the athletic program though, this potentially screws the entire university. It's political because of how the school is funded, where that funding fits into the state's entire budget, how the rest of the budget is spent, etc. The UNC scandal was pretty much cut and dry as "this is not a good thing"
April 23rd, 2015 at 11:28 AM ^
It brought the academic integrity and administrationt of the school into question. At a minimum it did a lot of damage to one academic department. While everyone could agree that it was a bad thing, agreeing how to fix things is not so simple.
April 23rd, 2015 at 11:33 AM ^
OK, correct, that's a better way to put it. But it was an athletic scandal at its heart because those were the only beneficiaries...the school wasn't fudging grades for random econ or lit majors. We know where the blame lies generally and why it happened.
With this there is going to be blame cast on various sides, hence the politics. Hopefully it stays civil.
April 23rd, 2015 at 12:14 PM ^
Good thing the state of Michigan hasn't been giving U of M jack-shit for years then. With the state of affairs in that state, they wouldn't / won't be for years to come. Take the school private, raise the profile, and avoid the necessity of admitting under-qualified in-state students.
April 23rd, 2015 at 12:16 PM ^
does not accept underqualified in-state students. Unless they're athletes.
My daughter is a sophmore in HS with an overall 3.8 gpa and a pretty tough schedule. The college admissions advisor told us that she needs to get that up to a 4.0 next year and get a 30+ on the ACT. Otherwise it's off to Moo U for her.
In 1995, you could walk right into A2 with a 30 ACT and about a 3.6 gpa.
i would look at going to tech before state
I would look at Grand Valley before you look at MSU.
Seriously, your daughter could probably get good scholarship money, plus GVSU is a school on the rise.
GVSU is a good school (and it's where I got my Masters) but the amount of abuse members of this board give to MSU is a bit extreme. It's a strong university. It's not elite all around like UM, but is a solid academic institution with several elite programs.
MSU is a solid school, and you could probably establish a solid future by graduating from there (assuming you don't Sparty to much and wash out). However, it can be in some students best interest to be a big fish in a smaller pond rather than being just one of 50,000+ students.
also Laker for a Lifetime.
If she doesn't get into Michigan it'll probably be Wayne or OU for her. She wants an art history degree (I know, I know, but she won't listen), and I guess they have decent programs for that major. She plans on living at home during college and all three are within commuting range.
I personally was set to go to State if I didn't get into Michigan and it'd be great if my kids could also attend Michigan, I'm not going to stress if they don't for a variety of reasons.
In regards to commuting, I fully understand the cost benefit with crazy tuition hikes, but I am very appriciative that it was affordable enough for me to live at college (I think my tuition and R&B were almost half the cost now and that is only 17 years). College is a very soft landing spot for transitioning to the real world and living on your own. It made my transition a lot easier having lived in dorms, to housing with friends, to my own apartment and own bills when I graduated.
Also, both my parents and my grandparents on one side were art majors of one kind or another and all were successful. HS Art teacher, inventor/ designers so don't fret too much.
Dude...change her mind. ASAP.
I sure hope you're not planning on footing the bill for that.
April 23rd, 2015 at 11:18 AM ^
It will probably go something like this....
April 23rd, 2015 at 11:22 AM ^
That is real film! That is in the presidential suite at LSU
April 23rd, 2015 at 11:22 AM ^
but if fall classes were cancelled that would be the biggest university news story of my lifetime. The NCAA would make all of their athletes able to freely transfer and be immediately eligible. It woulld amount to a self imposed death penalty in all sports.
I don't see how any of the discussion needs to be partisan. That's the type of scenario that practically no politician would risk.
April 23rd, 2015 at 11:51 AM ^
It is near unthinkable to actually happen. Imagine the impact if LSU simply dropped out of the SEC this fall? Massive chain reaction of schedules for those conference teams.
April 23rd, 2015 at 11:06 AM ^
The article states that funding would be reduced from $3,500 per undergrad to something like $660. That's quite a decrease.
Impact on football?
April 23rd, 2015 at 11:08 AM ^
I was wondering the same thing, what impact will this have on their football program?
April 23rd, 2015 at 11:11 AM ^
their AD, like ours, runs a big surplus each year. On the bright side, if there are no classes, they'll probably be able to attract more recruits that aren't interested in playing school.
April 23rd, 2015 at 11:12 AM ^
no playing school, no playing football...
April 23rd, 2015 at 11:15 AM ^
But don't you have to have a school in order to have football?
April 23rd, 2015 at 11:27 AM ^
Maybe I'm missing something, but where do you see that there may not be a school? I assume bankruptcy for a university is like that of a large company; it does not mean they shut the doors immediately. They would likely restructure a lot of their debts in order to provide a fresh start until they can figure out a long term plan.
April 23rd, 2015 at 11:41 AM ^
No, you are not missing anything. The school does not shut its doors. In fact, at the end of the article there's a line that Southern University has already gone through this process. AFAIK, their football/bball teams played out their respective seasons.
if their athletic department surplus would be a factor? Assume they file & a school like Southern has done this before, right? Ok, could the difference be that in the hearing their AD surplus (I'd have to assume LSU football puts them in the block alone) is questioned & possibly forced to be a factor? I really don't know how to word this. Um...ok, Southern very likely runs red in athletics. So, that's like no income to have an arbitrator/judge question & insist be a factor in paying off debt. Could LSU be forced to scale back their AD in a bankruptcy? I'd assume it would be very insulting (unless Southern football insanity overrides it) to say you can't pay your debts but have an athletic money printing machine. Right? lol
I would assume the answer to your question follows directly from the answer to this question: How good are the corporate lawyers? Solid enough, and they can burn benjamins to light scoreboard. Less than solid, and pension funds will be saying, yeah and we'll sell the waterfalls or what other nonesense they have in the lockerrooms. Of course, that's not happening tomorrow.
April 23rd, 2015 at 11:06 AM ^
The whole team, not just the coach, will be eating grass to save money.
April 23rd, 2015 at 11:14 AM ^
Nothing more to add.
April 23rd, 2015 at 11:23 AM ^
Someone needs to photoshop a gif of Les and a couple of monkeys grooming each other.
April 23rd, 2015 at 11:41 AM ^
I want to see someone photoshop in some "Momkeys"....
April 23rd, 2015 at 11:08 AM ^
the chancellor saying they would never be able to get more faculty if they pursue exigency is bullshit, everything I've read is how there is a glut of people with Ph.Ds who want to become professor and not nearly enough open positions. yeah, you might not get the best candidates but you would still be able to exist as a university
April 23rd, 2015 at 11:09 AM ^
Why does it have to be political?
Quite simply when X expenses exceeds Y income then you have to make cuts. If you aren't able the make cuts quickly enough then bankruptcy is your only option.
I forsee many institutions dealing with the same problem in the near future.
April 23rd, 2015 at 11:11 AM ^
Because why Y income is lower and why the cuts have to come from education.
April 23rd, 2015 at 11:12 AM ^
Umm... You could also raise income by charging more tuition or raising taxes on various individuals or entities. Hence political.
April 23rd, 2015 at 11:29 AM ^
but $3,500 per student to $660 per student is a pretty dramatic cut. I guess you could raise tuition $3K per student (not sure if this is per semester or year).
April 23rd, 2015 at 11:13 AM ^
This has a lot to do with a certain govenor's budget, and that's all I have to say about that.
/no politics