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re: Louisiana State Budget & TOPS
Posted on 4/21/20 at 6:04 pm to Tiger Prawn
Posted on 4/21/20 at 6:04 pm to Tiger Prawn
quote:
Needs tougher requirements and needs to be converted into a forgivable student loan program. Let it be forgiven as long as you graduate within 5 years and work in Louisiana for 5 years after graduation. If you drop out of school or move out of state shortly after graduation, then it has to be repaid as a student loan. Would be a lot easier to keep funding it that way and have it remain available for the kids who deserve it most.
I think these are some good points that the state could do. What blew me away most coming to LSU was learning about TOPS that basically anyone who wasn't brain dead could get it and they gave it to everyone. Like it or not it should be preferred to those from lower socioeconomic backgrounds.
Posted on 4/21/20 at 6:39 pm to Haydo
quote:
Like it or not it should be preferred to those from lower socioeconomic backgrounds.
Hell no it should be dependent on strict academic guidelines that only the best of the best can achieve.
Posted on 4/21/20 at 6:55 pm to Haydo
Agree on all of these points. This would be a great time for the state to use change the requirements for TOPS and incorporate a post graduate "stay at home" requirement that would need to be fulfilled by the TOPS recipient. However, concurrently, we also need to make sure we have jobs in the state for graduates of TOPS programs, which would probably need corporate tax breaks to be achieved. If travel/tourism (festivals, conventions, etc.) will be less profitable for 12-18 months and oil prices are below $40/bbl (being generous using the 12M strip for WTI), this state is going to need to diversify its revenue base (legalize and tax weed, allow for sports gambling, and try to bring in other companies to employ TOPS graduates). Unfortunately, it is a long-term play and that will be hard to accomplish.
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