Stumpy1
All-American
LSU is on the verge of filing bankruptcy because of cuts in state funding. Of coarse, it will affect the academic side of things but not the athletic side of things.
http://www.nola.com/politics/index.ssf/2015/04/lsu_academic_bankruptcy.html
http://www.nola.com/politics/index.ssf/2015/04/lsu_academic_bankruptcy.html