LSU Is Short on Cash

LSUPoor.jpg

Apparently that power to raise tuition isn’t saving Louisiana’s public universities from the need to cut costs. According to a piece by Andre Moreau at WAFB News:

Louisiana State University faces cuts that could “transform public higher education in the state,” LSU System President John Lombardi warned Thursday.

In a letter sent to LSU leaders, Lombardi said Louisiana’s higher education system will need to absorb nearly $310 million in state funding reductions as federal stimulus support comes to an end.

Without further outside money, Louisiana’s flagship university may have to slice another 23 percent from its current budget. The school is prepared to eliminate faculty positions Lombardi warned that some departments will face greater cuts than others.

Read the letter the president sent here.[Image via]

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Daniel Luzer

Daniel Luzer is the news editor at Governing Magazine and former web editor of the Washington Monthly. Find him on Twitter: @Daniel_Luzer