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re: LSU Athletic Department donated 45% of its 2012 profits to the University
Posted on 12/13/12 at 8:41 am to Alt26
Posted on 12/13/12 at 8:41 am to Alt26
quote:
It's great that LSU (Athletics) is in a position to help LSU (Academics). However, one of the potential problems I see is that all (public) universities in Louisiana are facing budgets shortfalls and cuts, and not all have a profit generating athletic dept. to get extra funding from. What happens when the UL's, McNese, NSU, etc. complain that it's unfair that their schools have to make cuts while LSU is supplemented by the athletic dept.? It's feasable that the legislature will look to send more tax dollars their way (away from LSU). LSU will then become reliant on the supplemental fuding from the AD for their annual budget, not just a temporary life-line in a tough economic climate.
It is my understanding that you get state money based on your enrollment and institution type. Research institutions get more from the state I believe and the more students you have the more money you get. I don't think you can pick and choose who gets more money. This is just what I have heard in the past.
The only way to change this whole thing is to let these institutions charge what they want for tuition. Presidents have very little control when it comes to major decisions. If they were allowed to act more like businesses the state would have less of a burden.
It would shift to the students.
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