Article archive / October 2019
Originally published: . Volume 10, No. 10. Source pages: 4.
The financial outlook for Louisiana's colleges and universities is the best it has been in the past decade, Commissioner of Administration Jay Dardenne said Tuesday, as reported by Will Sentell of The Advocate.
"It went from being cut every year to not being cut in our first two years and being plussed up in our third year," Dardenne said. "So it is clearly better than it has been for the past decade," he said. "It is not where we want it to be, but we are making progress." Higher education previously underwent 16 budget cuts over 10 years.
Dardenne addressed the Louisiana Board of Regents, which began budget hearings the 2020 Legislature.
According to the Advocate report, state aid for colleges and universities rose by $47.3 million for the financial year that began July 1. The increase for the LSU system was $10 million, to $362 million, or 3%. Aid for the Southern University system rose $2.7 million, to $45.9 million, or 6%.
LSU President F. King Alexander told the regents that faculty pay remains a concern, the report said.
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