Saturday, May 30, 2009

Fasten your seatbelts. It's going to be a bumpy ride. | News | LSU eyes deep cuts — Baton Rouge, LA
Higher education could be left at just one-quarter of its current state funding levels in three years, according to a worst-case scenario released Friday by the LSU System.

The end result could be reducing state funding for colleges from $1.48 billion in 2008 to only $388 million in 2012.

Even closing several colleges would only put a dent in the onslaught of budget cuts by 2012, said Bob Keaton, LSU System special assistant and a former state Senate budget official.

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