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Message
re: The truth about LSU's budget--
Posted on 12/8/14 at 8:18 am to BigJim
Posted on 12/8/14 at 8:18 am to BigJim
quote:
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.
Bingo. And...without some real reform to TOPS, that program is soon going to run the state coffers dry.
Posted on 12/8/14 at 8:25 am to I B Freeman
So all the scientists that work for LSU, Pennington Biomedical, LSU Health Sciences, Ag Center etc.. are just a bunch a leaches that could not make it in the free market?
Posted on 12/8/14 at 8:27 am to Volvagia
quote:
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.
I posted the 2008 or the 2009 number and it is up.
The idea their spending went down is just not true.
Please tell us when they got "slashed"?
Posted on 12/8/14 at 8:29 am to ThuperThumpin
quote:
So all the scientists that work for LSU, Pennington Biomedical, LSU Health Sciences, Ag Center etc.. are just a bunch a leaches that could not make it in the free market?
Leeches was a strong word and no. There are a lot of professors however that are professors and researchers because they could not find work or keep work in the private sector.
However the point that many of these people are whining when they have pay that is good and benefits that cannot be obtained in the free market is simply wrong.
Posted on 12/8/14 at 8:49 am to suga
quote:And that's not a problem at all. I was just replying to the OP (IB Freeman) who says about cuts: "Well that just isn't true."
it was cut but you've got to look at the big picture
It is flat lies like that that make having a mature discussion on anything difficult. Obviously the better question here would be to ask why the current level of taxes could no longer support the same level of support. Was it because of a cut in taxes?
Posted on 12/8/14 at 8:58 am to I B Freeman
well they've increased their enrollment quite a bit over the last few years. it looks like they're making up for lost funding by increasing enrollment.
Posted on 12/8/14 at 9:10 am to I B Freeman
Whoops...my mistake.
Both on missing your post with it and missing on the year that LSU was cut deep.
2009/2010 was the bad year, where they had to cut hard from the budget.
Both on missing your post with it and missing on the year that LSU was cut deep.
2009/2010 was the bad year, where they had to cut hard from the budget.
This post was edited on 12/8/14 at 9:15 am
Posted on 12/8/14 at 9:18 am to I B Freeman
quote:
Leeches was a strong word and no. There are a lot of professors however that are professors and researchers because they could not find work or keep work in the private sector.
University research >>>>>>>>>>>>> private research.
And prospective professors need to bring in the $$$ before they are granted tenure. (At least at LSU they do.)
Hell, many university professors are essentially expected to pay most of their salary from the grants they earn.
Posted on 12/8/14 at 9:23 am to Volvagia
quote:
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.
But 2007 was a peak year as Katrina/Rita money moved through the economy. The state coffers overflowed BUT everyone knew it was not sustainable. That didn't stop state government, including higher ed, from hiring more employees and giving raises to the existing workers. If you know you have a temporary surge in funding, it's dumb to expand your operational budget.
But I guess the plan was:
1. Spend temporary tax influx to expand continuing expenses
2. Complain when revenues return to normal
3. Profit
Posted on 12/8/14 at 9:30 am to I B Freeman
The researchers and professors that I know I not whining. They are packing up and leaving to go to other schools that pay better in states that support higher ed better than LA Yes LSU main campus can raise tuition to off set cuts. These research institutions cant. The cuts are devastating and are driving some of the smartest people in this state out.
Posted on 12/8/14 at 9:43 am to ThuperThumpin
quote:
The cuts are devastating and are driving some of the smartest people in this state out.
What cuts? Seriously what cuts at LSU are you talking about?
Are you talking about Pennington?
In FY 2007 their budget was $13.1 million In FY 13-14 their budget was $14.3 million. The problem was in FY 2007-08, their budget was $19.6 million
They have only had devastating cuts because the legislature (and higher ed leaders) expanded their budget when it was not sustainable.
ETA: that said, I wish we put more into Pennington.
This post was edited on 12/8/14 at 9:51 am
Posted on 12/8/14 at 9:44 am to wallowinit
The free market really does not support basic research. Where do you suppose these leeches should go to get funding and support for basic research?
Posted on 12/8/14 at 9:58 am to BigJim
What percentage of the budget for Pennington in FY 2007 was state funding vs FY 13? A huge problem for Pennington was that Jindal gave them a lot of money to build those state of the art clinic and imaging centers and promised to up the state funding for operating said buildings. Then he cut the funding.
Posted on 12/8/14 at 10:11 am to ThuperThumpin
quote:
What percentage of the budget for Pennington in FY 2007 was state funding vs FY 13? A huge problem for Pennington was that Jindal gave them a lot of money to build those state of the art clinic and imaging centers and promised to up the state funding for operating said buildings. Then he cut the funding.
That's total funding, but since they don't have tuition dollars, that's probably mostly state funding (federal grants are not budgeted via the state budget).
The numbers I gave were for the operational budget. The capital outlay budget is where the buildings were budgeted. They only got cut relative to the high-water mark of FY07-08. If you throw that out, they have been on a relatively steady (but minor) upward trajectory.
Posted on 12/8/14 at 10:21 am to I B Freeman
OK. If he cut spending for higher education, which he did, you cannot deny that.
Yes, tuition has gone up to make up the difference, and we can argue whether that is a good idea or not.
But...
Actually, that statement is 100 percent true.
Yes, tuition has gone up to make up the difference, and we can argue whether that is a good idea or not.
But...
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.
Actually, that statement is 100 percent true.
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