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Started By
Message
re: LSU spending 215 million to build new dorm to house 1,200 students
Posted on 6/29/25 at 11:37 am to GeauxTigersGo
Posted on 6/29/25 at 11:37 am to GeauxTigersGo
quote:
I love people who confidently spout facts I line that are straight up wrong and can be found online in .5 seconds. ??
It's remarkable. I have never been to BR in my life and immediately sussed out his post to be total bullshite. He had the internet available to do a simple quality assurance.
0
Posted on 6/29/25 at 11:40 am to LSUBoo
$180,000 per bed.
Commercial construction
Not bad
Commercial construction
Not bad
Posted on 6/29/25 at 11:44 am to soccerfüt
(no message)
This post was edited on 7/19/25 at 11:33 am
Posted on 6/29/25 at 11:48 am to dewster
Currently there’s not enough dorm space to house the incoming freshman class. They’re handing out stipends for them to live off campus. And don’t even think about living on campus if you’re an upperclassman.
That last part is true for most universities.
That last part is true for most universities.
This post was edited on 6/29/25 at 11:49 am
Posted on 6/29/25 at 12:39 pm to PSS101
quote:
Freshmen class is at 8,000 students
For fall 8,000 freshman doesn’t see like it would be reason to spend so much for dorms for 1,200 students. According to LSU’s website it had 8,425 freshman enrolled for fall of 2024 out of a total of 28,824 undergraduates. In the spring it had 5,360 freshman out of a total of 25,540 undergraduates. 2023-2024 saw similar enough drops from fall to spring.
I do wonder more what the prior year occupancy rates were for dorms for both semesters? If already bursting at the seams building more would make sense especially if out of state students use dorms more for freshman year and afterwards. Price seems high still.
You can see the push to both minorities and out of state students. Are scholarships being handed with preference to minority out of staters to recruit higher numbers?
Fall 2018 total undergraduates
12.5% black
70.3% white
16.8% out of state
Fall 2024 total undergraduates
20.9% black
57.0% white
31.5% out of state
Posted on 6/29/25 at 12:42 pm to DiamondDog
Not sure who's dumber.
You, or the handful of folks who upvoted you. Damn.
You, or the handful of folks who upvoted you. Damn.
Posted on 6/29/25 at 1:17 pm to Bestbank Tiger
That is over $200k per student expected to live there. Seems like allot!!!
Posted on 6/29/25 at 1:26 pm to soccerfüt
quote:
$180,000 per bed.
Absolutely stunning how many times this was posted. Jesus
quote:
That is over $200k per student expected to live there.
SMH
Dorms and condoms, both single use items
This post was edited on 6/29/25 at 1:29 pm
Posted on 6/29/25 at 1:29 pm to member12
The problem is not beds. It’s where quality of education. Lots of schools, both private and public, are ramping up their enrollment numbers. Know what they aren’t doing? Ramping up the number of classrooms and instructors.
This is leading to more money for the school and lower quality education due to larger class sizes. It’s a problem at LSU and many other places.
Universities are suppose to be about top notch education, but just like their athletic departments, they are more than happy to sacrifice quality for money.
This is leading to more money for the school and lower quality education due to larger class sizes. It’s a problem at LSU and many other places.
Universities are suppose to be about top notch education, but just like their athletic departments, they are more than happy to sacrifice quality for money.
Posted on 6/29/25 at 1:30 pm to Mingo Was His NameO
quote:
Straight from the university of Alabama’s website. Took me 15 seconds to find it, less if I would have trusted the Google AI result. Incomprehensible how stupid some of you are
I would be interested to see the undergraduate percentages. Grad will always shift to be more out of state and international.
Posted on 6/29/25 at 1:32 pm to pelicansfan123
quote:
So you get constant turnover and low morale amongst underpaid staff, who see the latest dorm or lazy river somehow getting funded, while they're expected to go above and beyond while barely getting enough money to survive on. It's an interesting dichotomy.
Even in teaching focused faculty, they increase the class sizes significantly, provide no increased compensation or support. It’s quite amazing how these schools think these models will be effective more than in the short term to make a bit of money.
Posted on 6/29/25 at 1:37 pm to Gravitiger
quote:
Yes, the dorm will only be open one year.
Even if you assume each student pays a ridiculous $18,000 per year for housing, you are breaking even after ten years if you ignore all other costs for the building such as electricity, water, maintenance, internet, and tons more.
This is a ridiculous investment if it takes 15+ years to return the investment.
Posted on 6/29/25 at 1:40 pm to Geauxgurt
quote:
Even if you assume each student pays a ridiculous $18,000 per year for housing, you are breaking even after ten years if you ignore all other costs for the building such as electricity, water, maintenance, internet, and tons more
It’s not just a dorm. As has been repeated in this thread like a half dozen times
quote:
This is a ridiculous investment
What’s ridiculous is how dumb some of you are. Spend 10 seconds before saying some dumb shite
Posted on 6/29/25 at 1:49 pm to Mingo Was His NameO
quote:
It’s not just a dorm. As has been repeated in this thread like a half dozen times
Are you saying it is going to include cafeterias, socials areas and the like. It’s still absurd even at 60% of the cost.
Reality is that there is some significant inflation being paid into someone(s) pocket(s), but that is nothing new for Louisiana.
Again, the return is going to take decades on this type of investment just to break even. Unless it is done with donations, it’s a massive waste of tax payer money.
Posted on 6/29/25 at 1:51 pm to Geauxgurt
quote:
Are you saying it is going to include cafeterias, socials areas and the like. It’s still absurd even at 60% of the cost.
You know you could just, you know, look this up before spouting off
quote:
Again, the return is going to take decades on this type of investment just to break even
Well minus all the other money making endeavors, possibly
Posted on 6/29/25 at 1:53 pm to Geauxgurt
quote:just say you couldn’t possibly know anything in detail about this particular development deal and move on. You are embarrassing yourself
Geauxgurt
Posted on 6/29/25 at 2:03 pm to cgrand
quote:
Geauxgurt
This one is a new special kind of stupid poster.
Go read some of he/she/its post today on other subjects.
Posted on 6/29/25 at 2:58 pm to PSS101
Way too many people go to college. And most of them shouldn’t.
Posted on 6/29/25 at 3:07 pm to PSS101
Not sure what their cost of money is or how long (or if) they plan to leverage this but, for 30 years at 6.5% they will need about $16,500 per student, per year.
Posted on 6/29/25 at 3:24 pm to soccerfüt
quote:
$180,000 per bed. Commercial construction Not bad
Seems high to me but they’ll probably be charging a few grand per semester for each of those beds for 40-50 years. I’m sure it will climb quite a bit in rent during that time too. Guess they are trying to make them fancy.
I’m sure it has some pretty elaborate (expensive) dining halls and coffee shops that will generate revenue on the ground floor. They put a very nice grocery store and some restaurants at the new ones on Nicholson. They came out very well.
Students today would freak out if they see what I had to live in just 15-20 years ago. Someone posted a video of the new dining halls recently and it’s a different world now. Those kids live and eat a lot better than I did.
This post was edited on 6/29/25 at 3:33 pm
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