Skipping past the time honored stupidity of the people running the great state of Louisiana assuming the oil money never runs low, the question I’ve got about LSU making contingency plans to file for financial exigency (academic bankruptcy) if state higher education funding doesn’t find a way out of the ditch it’s currently in, is what happens, if the school is forced to pull the trigger, on the sports front.
I mean, this sounds like some serious shit here:
Being in a state of financial exigency means a university’s funding situation is so difficult that the viability of the entire institution is threatened. The status makes it easier for public colleges to shut down programs and lay off tenured faculty, but it also tarnishes the school’s reputation, making it harder to recruit faculty and students.
“You’ll never get any more faculty,” said Alexander, if LSU pursues financial exigency.
The Louisiana Legislature is closing out its meetings this week without having made much progress in finding more funding for universities, colleges and others. 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.
“States around the country spend more than that on their community colleges,” Alexander said.
If LSU ceases to operate in a way that gives it academic credibility, does the SEC do anything in response? I’m not joking – remember all the highfalutin’ talk we heard about schools being good academic matches for conferences during the last round of realignment musical chairs? If that has any meaning, what do you do about a school that’s going Third World, metaphorically speaking?
And what exactly does Les Miles sell to mamas on the recruiting trail in terms of academics? “We’ve got nicer facilities than the JUCOs your son is looking at”? Or does he just go all in and say, “screw it, we were never that serious about academics anyway”?
I’m not trying to be overly dramatic here. It’s just that it’s a very strange situation and I’m curious where things go if the shoulder shrugging never gets LSU out of the ditch.