(02-16-2016 03:45 PM)CrimsonPhantom Wrote: [url= https://twitter.com/FearTheWaveBlog/stat...77505]Link[/url]
There is a serious financial crisis in state government in Louisiana, and higher education in general is somewhere below having good dog catchers in the state's revenue distribution scheme. The newly elected governor is running around the state threatening folks that if we don't agree to tax ourselves out the wazzu, he will have no choice but to close the doors on higher education.
Since every department in state government is constitutionally protected against budget cuts except higher education and public health, he may have a point.
This is not a new development, just a new governor who would want higher taxes, even if the economy were booming.
As to a direct response to your question, no one is really sure how each school will be affected. I can give you some educated guesses, but they are just guesses.
La Tech has seen a gradual decline over the last few years in academics, no doubt fueled by the draconian budget cuts during that time. The recently released Carnegie classification drop reflects that, and I expect that Tech will also lose their Tier 1 status with USN&WR this fall when the new ranking is released.
Both ULM and UL have fared somewhat better than Tech.
ULM has actually improved academics to the point of being reclassified upward by Carnegie. They did have to eliminate a few programs, but they did a good job of identifying their strengths and building on them.
UL is still fiscally in pretty good shape by comparison. Like ULM, UL has streamlined some operations, identified and built upon strengths, and has increased its lead over all other UL system schools in research dollars, foundation dollars and facilities.
As to athletics [since this is an athletics board], all three schools will be impacted to some degree. My best guess is that all three schools will be forced to drastically reduce institutional support for athletics. Unlike most other schools, none of the three have student fees for athletics, so all institutional support is at the complete discretion of the school's administration.
If each school cuts its institutional support in half, both Tech and ULM will lose something on the order of 25% of their athletic budget. UL will lose about 13%.
Both ULM and UL are relatively new to the idea of broad based funding of athletics through private donations. I know the Cajun's organization is only 8 years old, and I believe the Warhawk's group is even younger. Even so, UL generated over $10,000,000 in private donations to athletics last year, and I understand that ULM generated around $4,000,000. The Cajun's organization is rather broad-based, with perhaps 75% of its $2,100,000 in unrestricted donations coming from donors giving $5,000 or less. I am not sure about the ULM group.
Tech's outside funding organization has been around a lot longer; but I have been told that it is very top heavy, with the vast majority of its unrestricted donations being made by a very small group of people. Depending on how those people are affected by the price of crude oil, that could be very good or very bad for Tech.
I do not know how Tech or ULM are addressing the problem. I do know that UL has a publicly stated goal of a self-sufficient athletic program. I also know that there are extremely well informed and competent people now consulting with the university on what steps the school can take to achieve that goal without killing athletics. I am also certain that no currently scheduled facilities improvements have been cancelled or cut back, and that the largest such improvement was recently approved internally by the school at a budget number significantly higher than what was proposed just last year.
In sum, I expect that the results of the current economic crisis will be similar to the last one in the 1980's; LSU and UL will be relatively unscathed, and the rest of the schools in the state will suffer to varying degrees depending on the competence of their administrations and the generosity of their donors.