LSU Drafting "Academic Bankruptcy" Plan

[Mako19]

Isn't it a shame how academics are a necessary evil for the Fighting Tigers and how they can get in the way of their $100 M (Top 5 in the nation) athletic budget?

It's almost as if some seem to think that higher education is the main objective of a University!

Anyone who visits the sport's bar and reads those faithful Tigguh fans' posts knows that the main reason for having Universities is to field athletic teams for those "die-hard fans" to beat their chest about around the water cooler and claim to be a part of.

I wonder if LSU A&M will funnel some TAF money to fill the gap left from the State Budget cuts?

all joking aside this is a serious issue and i know all public Universities will be impacted. But, for some reason I have no sympathy for the Flagship on this issue.

"LSU and many other public colleges in Louisiana might be forced to file for financial exigency, essentially academic bankruptcy, if state higher education funding doesn't soon take a turn for the better.

Louisiana's flagship university began putting together the paperwork for declaring financial exigency this week when the Legislature appeared to make little progress on finding a state budget solution, according to F. King Alexander, president and chancellor of LSU.

"We don't say that to scare people," he said. "Basically, it is how we are going to survive.""

http://www.nola.com/politics/index.s...ankruptcy.html