re: Ben may get 100 mill + on shoe deal

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Alumni are graduates of the University.

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Yes, graduates of a university are correctly referred to as alumni of such university, just as non-graduates from the same university who attended such university are also referred to as alumni.

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There is no middle ground there. Not a graduate, not an alumnus of LSU.

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Here's another one. I hope you're not an LSU alum.