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re: So LSU is probably filing for bankruptcy

Posted on 4/22/15 at 7:21 pm to
Posted by tigerbait2010
PNW
Member since May 2006
29584 posts
Posted on 4/22/15 at 7:21 pm to
quote:

Do you seriously not see how the credit downgrade will have an impact?

This may be political posturing, but the Moody's downgrade was not --- positive to stable will make future investments cost a good bit more just on the interest spike.




Long term, something has to give with louisiana's university count. LSU will never reach top 50 public university status when the state has to fund as many D1 schools as Florida, who has 4x our population. It's pretty incredible how resourceful LSU is now given the state has screwed LSU even before Jindal.

Because the fact it's political suicide for certain reps, the only way to shut these universities down is to slash their funding significantly
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