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The truth about LSU's budget--

Posted on 12/7/14 at 8:03 pm
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 12/7/14 at 8:03 pm
Everytime I turn around I read people whining about Jindal's cuts to higher education and his refusal to raise taxes to stop it.

Well that just isn't true.

LSU had $10.9 million more in revenue in 2013/14 than in 2012/13.

Oh the direct state subsidy was less but self generated funds, namely tuition was more.

LINK
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 12/7/14 at 8:04 pm to
Furthermore in 2008 LSU had $438 million in revenue and had $453 million in 2013/14.

Tired of the whining.

Posted by Zahrim
McCamey Texas
Member since Mar 2009
7667 posts
Posted on 12/7/14 at 8:06 pm to
but "because jindal cut spending"......
Posted by MMauler
Member since Jun 2013
19216 posts
Posted on 12/7/14 at 8:09 pm to
Apparently, you aren't familiar with the liberal definition of "cut".

In Libtard land, a "cut" is whenever a governmental budget doesn't go up more than 3X's the rate of inflation.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 12/7/14 at 8:11 pm to
I don't particularly like Jindal and this is one reason. He comes up with these ideas and never follows through. He has lost all creditability in the state and one reason is he is not here enough to fight for his plans and defend things he does do.

He is committed to Bobby and that is it.
Posted by wallowinit
Louisiana
Member since Dec 2006
14972 posts
Posted on 12/7/14 at 8:20 pm to
LSU has become - like every other State-run, -funded, or controlled entity - primarily an employment and retirement vehicle for people unwilling or unable to compete in the free market.

The supposed function of the entity is merely a pawn to use to gain benefits for those who leach from it.

Those of us who get up every day and go fight the battle and fend for ourselves in the free market are superior to these leaches.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 12/7/14 at 8:22 pm to
quote:

LSU has become - like every other State-run, -funded, or controlled entity - primarily an employment and retirement vehicle for people unwilling or unable to compete in the free market.

The supposed function of the entity is merely a pawn to use to gain benefits for those who leach from it.

Those of us who get up every day and go fight the battle and fend for ourselves in the free market are superior to these leach


That is exactly right. Same statewide in all the schools.
Posted by mmcgrath
Indianapolis
Member since Feb 2010
35337 posts
Posted on 12/7/14 at 8:22 pm to
quote:

Everytime I turn around I read people whining about Jindal's cuts to higher education and his refusal to raise taxes to stop it.

Well that just isn't true.
go on...
quote:

Oh the direct state subsidy was less
ummm, how is that not a cut in funding education?
quote:

but self generated funds, namely tuition was more.
Well, when people talk about the government funding education, we are generally talking about... well... the government funding education. Not privately paid tuition.
Posted by SammyTiger
Baton Rouge, LA
Member since Feb 2009
66255 posts
Posted on 12/7/14 at 8:22 pm to
quote:

I don't particularly like Jindal and this is one reason. He comes up with these ideas and never follows through. He has lost all creditability in the state and one reason is he is not here enough to fight for his plans and defend things he does do.


Like floating out the idea of no state income tax at like the last minute.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 12/7/14 at 8:24 pm to
quote:

quote:
I don't particularly like Jindal and this is one reason. He comes up with these ideas and never follows through. He has lost all creditability in the state and one reason is he is not here enough to fight for his plans and defend things he does do.


Like floating out the idea of no state income tax at like the last minute


Exactly. Had he a real plan and campaigned across the state telling people about it we might have gotten rid of it.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 12/7/14 at 8:26 pm to
quote:

Well, when people talk about the government funding education, we are generally talking about... well... the government funding education. Not privately paid tuition.


What McGrath would you have done? Would you have maintained the subsidy and if so how? Would you have raised taxes? Why not offset the subsidy with user fees--ie tuition increases? Sounds logical to me.

Tuition is still very cheap at a Louisiana school.
Posted by bayoubengals88
LA
Member since Sep 2007
18844 posts
Posted on 12/7/14 at 9:24 pm to
quote:

Those of us who get up every day and go fight the battle and fend for ourselves in the free market are superior to these leaches.

I'm sorry for making you mad. Please forgive me for trying to make a comfortable living at your expense.
Posted by inelishaitrust
Oxford, MS
Member since Jan 2008
26078 posts
Posted on 12/7/14 at 11:08 pm to
quote:

Well, when people talk about the government funding education, we are generally talking about... well... the government funding education. Not privately paid tuition.


This
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
71280 posts
Posted on 12/7/14 at 11:19 pm to
quote:

Like floating out the idea of no state income tax at like the last minute.





I remember hearing about that and everyone started scrambling around to figure out how to make it work, and realized we probably didn't have the infrastructure to make it work.
Posted by BigJim
Baton Rouge
Member since Jan 2010
14472 posts
Posted on 12/7/14 at 11:45 pm to
quote:

Well, when people talk about the government funding education, we are generally talking about... well... the government funding education. Not privately paid tuition.


Well, when people talk about cuts to higher ed, they are generally talking about education instituting cuts to programs. What difference does it make to an English professor if his salary is paid by state tax dollars or tuition dollars. Instead you have higher edu faculty and staff running around like it's doomsday when their budget has not gone down!!!

If people have to pay more, then those families should complain.

And for families who might think about complaining about tuition:

1. TOPS covers like 75% of LSU students.
2. Tuition is still below the southern average even with the recent increases.
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 12/7/14 at 11:50 pm to
Here's the problem. LSU was losing the state subsidy amount and the legislature wouldn't increase tuition to allow for the susbsidy loss to be offset.

LAGRAD act is passed, allowing LSU to directly control tuition and fees, and then the legislature just cut their subsidy amount by a similar amount of the new tuition increase.
Posted by Volvagia
Fort Worth
Member since Mar 2006
51867 posts
Posted on 12/8/14 at 7:34 am to
quote:

LSU had $10.9 million more in revenue in 2013/14 than in 2012/13.




What does that revenue compare with what it was in 2007?

You probably should see what the budget was before it got slashed to hell for your comparison.


Not look at increasing revenue as it is climbing out of the valley.
This post was edited on 12/8/14 at 7:36 am
Posted by mmcgrath
Indianapolis
Member since Feb 2010
35337 posts
Posted on 12/8/14 at 8:02 am to
quote:

What McGrath would you have done? Would you have maintained the subsidy and if so how? Would you have raised taxes?
Those are important issues to deal with. You had a decision between raising taxes or cutting the the budget for LSU. They both sound unpopular but voters would get behind either one if you could justify it with the right reasons. Don't be a coward and say the budget wasn't cut.
Posted by suga
Member since Nov 2014
9 posts
Posted on 12/8/14 at 8:07 am to
it was cut but you've got to look at the big picture
Posted by Choctaw
Pumpin' Sunshine
Member since Jul 2007
77774 posts
Posted on 12/8/14 at 8:10 am to
quote:

I don't particularly like Jindal




you're almost as bad as Tuba and his Global Warming bullshite
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