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re: LSU spending 215 million to build new dorm to house 1,200 students
Posted on 6/29/25 at 6:58 am to Bestbank Tiger
Posted on 6/29/25 at 6:58 am to Bestbank Tiger
quote:Yes. And 1,200 students times roughly $10,000 in fees per year is $12 million in annual revenue.
Those dorms will hopefully be around for a long time. It isn't just to house 1200 students this year.
So it will pay off pretty quickly as an investment. Probably under 25 years. Less if there is a cafeteria that runs as a profit center, included.
This post was edited on 6/30/25 at 5:56 am
1
Posted on 6/29/25 at 7:24 am to Bullfrog
quote:
Yes. And 1,200 students times roughly $10,000 in fees per year is $12 million in annual revenue.
For such a benign thread, a lot of people showing their arse
Posted on 6/29/25 at 7:55 am to Mingo Was His NameO
According to LSU’s financial aid office, the median dorm cost for a full academic year is $10,004
Sorry if my use of round numbers threw you off.
Plus meal plan (required for freshman) and car parking (optional).
Sorry if my use of round numbers threw you off.
Plus meal plan (required for freshman) and car parking (optional).
This post was edited on 6/29/25 at 7:57 am
Posted on 6/29/25 at 7:56 am to ZIGG
quote:
It’s a college dorm, not a 5-star hotel.
I feel like part of the college experience is living in a small dorm room and not having every amenity at your disposal in your room, so it forces you to go out and socialize with others.
I feel like we're slowly shifting to a time where you're supposed to live as comfortably and luxuriously on campus as you did at home.
Posted on 6/29/25 at 7:59 am to pelicansfan123
State flagship school’s are going to destroy some non flagship school’s eventually 
Posted on 6/29/25 at 8:00 am to PSS101
quote:
Freshmen class is at 8,000 students
Is it a freshman only dorm and do all S,J &Ss live in apartments?
Posted on 6/29/25 at 8:01 am to danilo
Not for Power 4 schools. The cliff will impact schools like ULM but the big flags will continue to grow 1-2% a year on average.
Posted on 6/29/25 at 8:03 am to PSS101
quote:
Total enrollment is around 41,000 students
How much of that is virtual/remote?
Posted on 6/29/25 at 8:05 am to DiamondDog
quote:
think LSU currently runs around 22-23K.
quote:
LSU's total enrollment for Fall 2024 is a record-breaking 41,707 students
Posted on 6/29/25 at 8:07 am to Ace Midnight
• Total on-campus enrollment:
• UG: ~34,240
• Grad/Prof (incl. Law & Vet SVM): ~5,400–5,500
• Online students (separate): 2,395
• Total LSU BR headcount (incl. all modalities): approx. 41,000
• UG: ~34,240
• Grad/Prof (incl. Law & Vet SVM): ~5,400–5,500
• Online students (separate): 2,395
• Total LSU BR headcount (incl. all modalities): approx. 41,000
Posted on 6/29/25 at 8:37 am to snakanator
quote:
Not for Power 4 schools. The cliff will impact schools like ULM but the big flags will continue to grow 1-2% a year on average.
Agree. Overall enrollment will decline but not equally
This post was edited on 6/29/25 at 8:38 am
Posted on 6/29/25 at 8:56 am to In The Know
quote:
Fun fact: LSU had 57,000 applicants for the 2025 freshman class and accepted 7500. Pretty cool.
This is very inaccurate. LSU’s acceptance rate is >70%. 7500 enrolled—far more were admitted.
Posted on 6/29/25 at 9:00 am to tigercross
quote:
LSU’s acceptance rate is >70
You just need a pulse to get into LSU
Posted on 6/29/25 at 9:03 am to Bayou
quote:
Look at that number!
Square feet total (?) / $215MM will provide a better perspective, that and CPI on construction cost is off chart since the 2008 recession recovery
Posted on 6/29/25 at 9:10 am to danilo
quote:
Migrants and North Liberals will probably ruin Southern college culture anyway
Can’t burn crosses in an elephant line with Latinos and Yankees around.
Posted on 6/29/25 at 9:11 am to PSS101
Campus needs an overhaul. Just look around the SEC.. our “charm” is just old. When you’re charging the amount of money to attend, it has to be at the same level
Posted on 6/29/25 at 10:20 am to Hangit
quote:
This is almost $180k per student
Holy shite. Do you think they are going to tear it down after every year?
Posted on 6/29/25 at 11:11 am to tigercross
quote:
LSU had 57,000 applicants for the 2025 freshman
No way.
Top 13%. Almost like the state of Texas which is top 10% unless it is Texas which is top 5% or some such.
This post was edited on 6/29/25 at 11:17 am
Posted on 6/29/25 at 11:14 am to DiamondDog
quote:
I think LSU currently runs around 22-23K.
quote:I found your problem
I think
Posted on 6/29/25 at 11:17 am to PSS101
so $180K per kid
The capital cost or debt service would be analogous to rent I guess, seems like a lot for a bunch of shared rooms.
The capital cost or debt service would be analogous to rent I guess, seems like a lot for a bunch of shared rooms.
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