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EA Sports Sets Up Shop at LSU

August 20, 2008, CNNMoney

Video game publisher Electronic Arts Inc. will set up its first North American testing site at Louisiana State University, where college students will be paid to test sports games, Gov. Bobby Jindal announced Wednesday.

Tuition Hike Passes the House

June 10, 2008, Times-Picayune

The second time was the charm for a statewide college tuition bill that cleared the House of Representatives with plenty of votes to spare Monday, days after falling two votes shy of the necessary supermajority.

With the 83-18 vote, House Bill 734 now moves to the Senate, where higher education leaders promise to continue their lobbying efforts in the only state that requires a two-thirds vote in both chambers to increase tuition and fees at public colleges and universities.

Bill to Hike State College Tuition Fails

June 2, 2008, WWL-TV

June 3, 2008, Times-Picayune

June 3, 2008, The Advocate

June 3, 2008, Houmatoday.com

A proposal that would allow four years of increases in tuition costs for public college students was narrowly rejected Monday by the Louisiana House, falling two votes short of the two-thirds vote needed for passage....

 

LSU honored at Louisiana capitol

May 1, 2008, Shreveport Times

BATON ROUGE - The national championship parade continued Wednesday as it reached the Louisiana Capitol.

LSU football coach Les Miles, whose team won the national championship last season, was honored with proclamations on the floors of the state Senate and House of Representatives.

"We could not have done it without you and all our fans," Miles said to the Senate as the LSU fight song was piped in over the speaker system. "The passion that surrounds Tiger Stadium and this great state is spectacular. My plan is to try to keep doing that for as long as I can."

 

House leaders seek $250 million in budget cuts

April 9, 2008, Times-Picayune

BATON ROUGE - Gov. Bobby Jindal's $30.1 billion budget proposal is facing a challenge from House leaders, who have asked every state agency to demonstrate how they would absorb a 5 percent cut in their state general fund budget allotment.

The goal is to trim up to $250 million from the spending plan that Jindal presented to the Legislature in February. House Speaker Jim Tucker said the leadership wants to reduce the state's reliance on one-time, non-recurring money to balance its books in the fiscal year that starts July 1.

Analysis: A 5% budget cut for LSU would equal $11.7 million. The University's proposed budget increased by only $5.2 million, leaving $6.5 million to be cut from the existing operating budget. President John Lombardi responded to the House Appropriations Committee-Education Subcommittee request a recission plan. House Speaker Jim Tucker wants the cut to remove one-time funds used as recurring revenue.

The request is atypical in that such directives usually emanate from the Governor's Office, the leading agency for the executive branch of government and the one in which LSU's budget is reported. If the budget cut survives the House, it must also make it past the Senate.

Tuition and fee increase bills are under consideration that could replace the loss of state funding to the University.

 

News about tuition and fee proposals

Higher fees aim to help students, April 8, 2008, The Reveille

LSU officials seek fee increase, March 27, 2008, The Advocate

Boosting tuition at LSU on agenda, March 28, 2008, The Advocate

BR Chamber backs tuition increase, April 24, 2008, The Advocate

Proposed College Tuition Increases, April 23, 2008, WDSU

Change needed in setting tuition fees, April 25, 2008, The Daily Advertiser

 

Our Views: 2008 goal: A great LSU

Jan. 9, 2008, The Advocate

While LSU fans across the nation and the world have a lot to be proud of on the football field, the university’s lasting contribution to Louisiana and the nation is made in classrooms and laboratories.

That’s why we believe that 2008 should be a championship year for LSU. Not just on the field, but where it counts for the long term.

January 9, 2008 is LSU Day in Louisiana

Jan. 9,2008, Governor's Office

BATON ROUGE - To honor the Louisiana State University and its victory Monday in the BCS National Championship, Governor Kathleen Babineaux Blanco proclaimed Wednesday, January 9, 2008 "LSU Day".  The Tigers defeated the Ohio State Buckeyes 38-24 before a record crowd in the Louisiana Superdome in New Orleans to clinch the national championship.

 

Higher ed group: Keep raising funds

Dec. 1, 2007, The Advocate

The state must continue to increase funding for colleges and Louisiana should also permanently reserve more dollars for higher education and health care, college and business officials said Friday.

The three-hour discussion occurred at the first meeting of a 37-member higher education group of Gov.-elect Bobby Jindal’s Economic Growth Transition Advisory Council.

 

In His Own Words
Nov. 7, 2007, Baton Rouge Business Report

Gov.-elect Bobby Jindal was interviewed by the Baton Rouge Business Report about possible changes in government. High on the list was the higher education funding formula, a research and development (R&D) tax credit,and accountability.

 

Our Views: Hard Times, New Choices

Aug. 20, 2007, The Advocate

When a delegation of Baton Rouge civic leaders makes its trip to Portland to see the economic development progress of that Oregon city, it will be the fourth visit to a place that was a failure.

No, Portland was hardly a wasteland 20 or 30 years ago, but neither was it a world-beater in terms of growth. What changed? The backbone of its economy collapsed.

As in many other cities in the South, Baton Rouge looks for the secrets of success. Most of the “secrets” are pretty well-known and understood, as economic development experts have advised the state and the city for many years. Education and work-force development, investments in quality of life and transportation are the tolls for growth.

Regents Approve Bigger Athletic Budgets, LSU Says, "No Thanks"
July 9, 2007, The Advertiser (Lafayette)
July 9, 2007, The Advocate
June 29, 2007, The Town Talk (Alexandria)

The Board of Regents passed a resolution permitting universities to spend a larger percentage of their budgets on athletic programs. The new rule allows up to 3% of a college's budget may be used for athletics, but LSU will not spend any state money on athletics. Under the new guidelines, LSU could spend up to $8.2 million from state general fund dollars. Instead, the self-sufficient LSU Athletic Department will return $3.5 million to the university next year.

Without LSU's $8.2 million, public universities will spend about $44 million of state dollars on athletic programs.

 

LSU Honors' Home in Disrepair
May 28, 2007, The Advocate
The historic and picturesque French House at LSU is surrounded by oak and palm trees.

On the inside, however, roof leaks, broken floors, wall holes and an unusable third floor paint a different picture for the facility that houses the LSU Honors College...

Baton Rouge Paper Backs Higher Ed Funding
May 19, 2007, The Advocate
Just say "yes," Louisiana's higher education leadership is pleading to lawmakers this week.

They are asking for support for one of Gov. Kathleen Blanco's bigger policy recommendations in the 2007 session, a roughly $200 million infusion of new money into state colleges and universities....

Governor Writes on Go Grants
May 18, 2007, The Times (Shreveport)
I have always believed you can't allow your income to determine your outcome. My proposed need-based scholarship program provides low-income students with an equal chance to pursue higher education right here in Louisiana.

The rising cost of college and university tuition places a financial strain on all our students and shuts the door on many Louisianans who simply cannot afford the price tag. Too many students are forced to take time off from their studies to work while others incur large personal debts to cover the cost of tuition and other expenses. In fact, Louisiana is ranked 12th in the nation in student debt, with our graduates owing on average more than $18,000. Such costs leave countless students behind. ...

Panel friendly to higher ed
May 16, 2007, The Advocate
More than $200 million in new, annual state funding for higher education received mostly favorable comments Tuesday from the House Appropriations Committee, without education officials even having to make their prepared presentation.

Analysis: For LSU, that includes a 5% faculty pay increase, covering of mandated personnel costs, and $19.2 million in quality enhancements to focus on faculty, students (esp. graduate students), and information services.

Provide quality education, jobs will come
May 17, 2007, The Daily World (Opelousas)
Letter to the Editor from Chancellor O'Keefe
This editorial page has offered a view extolling the value of in-state education improvements, but lamenting the migration of our educated leaders to out-of-state jobs. Last Sunday's editorial, "Graduate out-migration will continue without progress," contends that we need to provide quality education as well as provide quality employment to Louisiana's best and brightest students. This is critical to our state's future. But in contrast to the editorial view expressed, the trend is all positive...

Go Grants' cost concern lawmakers
May 8, 2007, The Advocate
Some lawmakers criticized the cost of the state's new "GO Grants" - the need-based, college financial aid program for low-income students.

Even several supporters argued Monday that the program with its $15 million initial price tag could be even bigger.

It is expected to cost $41 million four years from now.

 

College officials endorse budget plan
April 24, 2007, The Times (Shreveport)
State higher education officials have endorsed Gov. Kathleen Blanco's proposed budget that pumps almost $200 million additional funding into colleges and universities.

Representatives from the boards of supervisors of the LSU, Southern, University of Louisiana and the Louisiana Community and Technical College systems joined Commissioner of Higher Education Joseph Savoie on Monday in signing a pledge to support the budget proposal as it moves through the legislative session that starts next week.

College, university officials eye extra money
April 23, 2007, The Times (Shreveport)
100 percent of a funding calculated through a formula based on average higher education spending in the South. Most campuses have been funded below 100 percent for about two decades. The increase would mean close to $1.5 million more for some local colleges and universities, although they would have to spend some of the money on pay raises for faculty and staff.

Regents' Go Grant Approved, Waiting on Appropriation
April 13, 2007, The Advocate
April 13, 2007, The Times (Shreveport)
The proposed $2,000-a-year Go Grant scholarships for low-income college students made a strong move forward Thursday by acquiring approval from the Legislature's Joint Education Committee.

The $15 million program must next go through the state House Appropriations Committee.

Blanco Pushes Major Boost to Schools
March 16, 2007, Times-Picayune (Table)
March 16, 2007, The Advocate
Gov. Kathleen Blanco on Thursday proposed showering Louisiana's schools and colleges, from early childhood to Ph.D. programs, with at least $600 million more next year.

Analysis: Impact on LSU will be announced today by the Commissioner of Administration Jerry Luke LeBlanc.

LSU Proposes 'Pelican Promise' Aid Program
March 7, 2007, The Advocate
The LSU Board of Supervisors on Thursday will discuss the "Pelican Promise" plan. It would offer an average of $3,000 annually, beginning this fall, to accepted freshmen with family incomes no more than 50 percent above the poverty level. Currently, 50 percent above equates to a family income of $25,755 for a family of three.

Higher Education Rolls Out Wish List
February 23, 2007, The Advocate
Leaders of Louisiana higher education are seeking more money for new projects than usual because of the state's estimated multibillion-dollar budget surplus.

The recommendations to the Governor's Office include fully funding the state's higher education funding formula for the first time since 1981, increasing faculty pay by 5 percent and starting a student financial aid program based on need, not academics.

  • 5 percent faculty pay increase: $30 million
  • Fully funding the higher education funding formula: $103 million
  • Aid for needy students: $15 million
  • Aid for displaced students: $10 million
  • Maintenance on existing facilities: $350 million
  • New research fund: $100 million
  • New work-force training fund: $150 million

Analysis: With a 5 percent pay increase, LSU faculty pay would be very close to the SREB average. The funding formula is based on the state appropriations difference between an institution and its comparable peers in the Southeast. The most current formula iteration shows LSU's appropriations $19 million away from the regional average. The formula does not take into consideration tuition revenue, which are also used for general operating expenses. In fact, when combining tuition and state approprations, LSU receives $85 less per student than UAB and only $22 more per student than the University of Southern Mississippi. The colleges that receive more revenue per student than LSU include Texas Tech, Georgia State, U. of North Texas, and U. of South Florida.

As for the remainder of the wish list, a plan for distribution has not been released to the colleges. It is known that LSU's campus represents about 23 percent of the total deferred maintenance estimated at $189 million.

 

LSU Strives to Get to Top of the Class
January 3, 2007, The Times-Picayune
The goal, LSU leaders say, is to build the 147-year-old school into a top-flight academic institution.

As part of the conversion to what LSU leaders call a flagship school, the university's admission standards have been elevated. Prospective students must have an overall B average in high school and an above-average score on standardized tests. They must be ranked in the top 10 percent of their classes and must have completed what O'Keefe calls a core curriculum that includes mathematics, science and social studies.

Board of Regents Begin Master Plan Process
January 6, 2007, The Times-Picayune
January 6, 2007, The Advocate
The state's commissioner of higher education said a blueprint being drawn up for Louisiana's public colleges and universities may include stricter admissions standards.

Joseph Savoie said the plan also could include new financial incentives for schools to attain better graduation rates or other goals and a renewed emphasis on making a college education more affordable.

Officials are beginning an 18-month process to update the master plan, which was last rewritten in 2001 and included, among other things, admissions standards on four-year public schools for the first time. Some schools by that time had already done away with their open admissions policies.

 

LSU IT Expert Meets with Ark. Gov. Huckabee, sort of
December 19, 2006, The Advocate
LSU's Ed Seidel said he felt as if he sat across the table from Arkansas Gov. Mike Huckabee Monday morning.

The two actually were talking more than 650 miles apart.

Seidel, director for the Center for Computation and Technology, and Thomas Sterling, LSU computer science professor, hosted a high-definition television videoconference Monday between LSU and the University of Arkansas.


Special Session Ends
December 18, 2006, Governor's Office
December 18, 2006, WBRZ/The Advocate
The Legislature adjourned on Friday, Dec 15 with no major spending plans or pieces of legislation approved. The 8-day session did not produce any spending plan, pushing debate on future appropriations back to the Regular Session, set for April 30, 2007.


Special Session Spending Plan Suffers Set Back
December 12, 2006, Times-Picayune
December 12, 2006, The Advocate
December 12, 2006, The Times (Shreveport)
Voting mostly along party lines, the House of Representatives threw Gov. Kathleen Blanco's spending and tax-cut agenda onto political life-support Monday by refusing to lift a constitutional cap on state spending.

After a day of backroom negotiations and two hours of sometimes rollicking debate, the 59-40 vote fell 11 short of the two-thirds majority required to raise the limit and allow legislators to spend more than $155 million during the current special legislative session.

LSU Tops Baton Rouge Area Chamber's Legislative Request
November 30, 2006, Baton Rouge Area Chamber
December 16, 2006, The Advocate
The Baton Rouge Area Chamber resoundingly supported LSU's improvement efforts this week by urging state lawmakers to invest soon-to-be announced state revenues in the Flagship Agenda and facilities. Investments toward LSU's $189 million deferred maintenance list, Choppin Hall Annex (Chemistry Department), Business Education Complex (public-private partnership), and engineering laboratories could significantly increase the University's grant competitiveness. The deferred maintenance list includes several million in American with Disabilities Act compliance, safety equipment, roof repair, ventilation systems in laboratories, and code compliance.

CABL Supports Flagship Agenda Investments
December 1, 2006, CABL Briefing
In their December issue of Briefing, the Council for a Better Louisiana listed LSU's Flagship Agenda as one of six items the Legislature should fund with recurring state revenues. Another item called for investment in bioscience/research infrastructure to diversify the economy; an item in which LSU is a major contributor.

Governor Blanco Announces Special Session in December
November 17, 2006, Governor's Web Site
Governor Kathleen Blanco announced that she intends to call the Legislature into a 10-day special session on December 8. Among hurricane related issues, Gov. Blanco's press release indicates that she is interested in deferred maintenance on college campuses and faculty pay raises. LSU has $189 million in deferred maintenance, of which $23 million could eliminate deficiencies in 25 high-use facilities.

Senate District 16 Election Set for December 9
On December 9, voters in Senate District 16 will decide who will succeed Jay Dardenne, who was elected Secretary of State. The district borders LSU and is the home to the largest concentration of LSU alumni, faculty, and staff. Employees and friends of LSU are encouraged to vote.

Governor Proclaims International Education Week
November 2, 2006, Governor's Office
Governor Blanco proclaimed Nov 13-17, 2006 as International Education Week in Louisiana. LSU's Office of International Programs will highlight the week by focusing on international students at LSU and study abroad program. It has long been recognized that internationals studying in America is a future investment in diplomatic and economic ties to other countries. On the week Nov 6, Governor Blanco is visiting four Asian nations on an economic mission and may visit with LSU alumni in those countries. LSU is the alma mater of several foreign dignitaries and corporate leaders, most recently the president of Honduras. This fall LSU enrolled 1,516 international students and will send several hundred Americans abroad. To learn more, visit the LSU Office of International Programs.

Higher Education Investments on Sept. 30 Ballot
On Sept. 30, several constitutional amendments will appear on the ballot. Amendment #10 proposes to allow universities to invest a portion of their endowments in equities.

Here are the mechanics: A portion of the revenues generated for off-shore oil and gas extraction are placed in a permanent trust fund called the Louisiana Education Quality Trust Fund (LEQTF). The fund is split equally by K-12 and higher education, and the interest can be spent on "endowed chairs for eminent scholars." If a donor to a college or university (private or public) gives 60 percent of a $1 million chair or $100,000 professorship, the state will match it with the remaining 40 percent. The constitutional amendment would permit up to 35 percent of the state-provided portion to be invested in stocks or other equities.

The matching program was meant to improve educational quality, so the interest revenue from the endowment goes to supplement faculty pay. The hope is that the enhanced pay will attract or reward quality faculty.

LSU currently has 60 endowed chairs and 483 endowed professorships, and the total endowment from this program alone is $108.3 million. The publicly provided portion is mostly from the matching program, $42.6 million, but also includes an additional $12.2 million in specially donated gifts. LSU has $54.9 million in publicly provided endowments.

In their Guide to Constitutional Amendments, the Public Affairs Research Council reported that 16 of 20 states surveyed permitted institutions to invest their endowment portfolios in stocks. According to the National Association of College and University Business Officers, universities nationally invest about 60 percent of their endowments in stocks.

LSU's total endowment equals $259.1 million.

Endorsing Amendment #10 are Baton Rouge Business Report publisher, Rolfe McCollister,The Advocate and Shreveport Times editorial boards, the Council for a Better Louisiana (CABL), and the Louisiana Association of Business & Industry (LABI).

To read the Louisiana Constitution about LEQTF, click here.
To read the state treasurer's report on LEQTF's status, click here.
To read about Harvard University's endowment investment, click here.

 

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