This doesn't bode well at all for schools loke Grambling and Southern. I tried to generate this discussion earlier, but it mostly fell on deaf ears. Somebody needs to wake up ... fast.
Estimate: $62 million cut to eliminate 8,000 students
By JORDAN BLUM
Advocate Capitol News Bureau
LSU would axe nearly 700 employees and lose close to 8,000 students if forced to cut about $62 million from the flagship campus’ coffers next year, according to an LSU estimate.
The hypothetical budget cuts released late Wednesday are part of a state-mandated, budget-cutting exercise of higher education and other state agencies in preparation for the loss of federal stimulus dollars and some state revenues next summer.
The $62 million represents about 32 percent — reduced from 38 percent by the state — of state general funds and stimulus dollars going to the flagship LSU campus.
Higher education statewide would lose nearly $437 million.
“It would be a catastrophic impact,†LSU Chancellor Michael Martin said. “The (academic) core would be seriously harmed.â€
Link...
http://www.2theadvocate.com/news/latest/103019784.html#comment-form
Estimate: $62 million cut to eliminate 8,000 students
By JORDAN BLUM
Advocate Capitol News Bureau
LSU would axe nearly 700 employees and lose close to 8,000 students if forced to cut about $62 million from the flagship campus’ coffers next year, according to an LSU estimate.
The hypothetical budget cuts released late Wednesday are part of a state-mandated, budget-cutting exercise of higher education and other state agencies in preparation for the loss of federal stimulus dollars and some state revenues next summer.
The $62 million represents about 32 percent — reduced from 38 percent by the state — of state general funds and stimulus dollars going to the flagship LSU campus.
Higher education statewide would lose nearly $437 million.
“It would be a catastrophic impact,†LSU Chancellor Michael Martin said. “The (academic) core would be seriously harmed.â€
Link...
http://www.2theadvocate.com/news/latest/103019784.html#comment-form