OT: Jackson State in trouble?

[Brad Stevens.sixpack]

I'm no accountant or financial advisor, but this story sure doesn't sound good for the university as a whole. Does anyone have any inside information as to what's going on there?

http://www.msnewsnow.com/story/3343...lienttype=generic&mobilecgbypass&sf39410219=1

 

[EngDawg]

Yet another drain in the "Rainy Day Fund."

 

[11thEagleFan]

Holy cow. Not trying to make this a political thread, but the HBCUs in this state have been run very poorly. The endowments at Ole Miss, MSU, and USM have grown a lot over the past 10-15 years by comparison. There's no need IMO, to have separate administrations for JSU, Alcorn State, Valley, etc. Take the best and the brightest from each institution, create one administration to oversee them all, and cut millions in costs. That would be a good start.

 

[xxxWalkTheDawg]

Guess this puts the new dome on hold for a while.

 

[EngDawg]

Holy cow. Not trying to make this a political thread, but the HBCUs in this state have been run very poorly. The endowments at Ole Miss, MSU, and USM have grown a lot over the past 10-15 years by comparison. There's no need IMO, to have separate administrations for JSU, Alcorn State, Valley, etc. Take the best and the brightest from each institution, create one administration to oversee them all, and cut millions in costs. That would be a good start.

Consolidate the public universities into UM, MSU, JSU, and USM. Having exactly 10,000,000 public universities in this small of a state is ridiculous

 

[THE Bruce Dickinson]

They should be shut down. Period. They are a poorly run institution. This smells of corruption which wouldn't be a big surprise.

If the Gov. suggested to shut it down he would be called a racist, but it's way passed time to start seeing things in one color only, and that color is green. If the institution can't sustain itself then it should be closed.

 

[57stratdawg]

A couple of complaints:

1) I hate how the writer just copied and pasted the body of the article from the report.

2) What's "the system"? If it's all MS Higher Ed, I would be interested to see how their numbers compare to other schools outside of MSU, OM and USM. Seems like a more apples to apples excercise.

 

[SouthFarmchicken]

JSU is a legitimate university that does a LOT of good

for the city and state. Alcorn and Valley...eh, not so much.

 

[512taylor]

I think a new state flag would settle this matter.

 

[Snog]

I think a new state flag would settle this matter.

Hahahahahaha

 

[wpmusm]

This. Pretty sure Carnegie labels them as a "high research" U. Only HBCU in the state that has that designation.

 

[maroonmadman]

It wouldn't hurt this state to shut down, MVSU, Alcorn, DSU & MUW and farm out their redundant services to the remaining 4 Universities, MSU, USM, UM & JSU. Also wouldn't hurt to consider closing/consolidating several of our JUCOs, maybe even half.

 

[wpmusm]

I think Barbour proposed consolidating the three public HBCUs and merging MUW with MSU. Needless to say, this went over like a lead balloon.

 

[johnson86-1]

I'm no accountant or financial advisor, but this story sure doesn't sound good for the university as a whole. Does anyone have any inside information as to what's going on there?

http://www.msnewsnow.com/story/3343...lienttype=generic&mobilecgbypass&sf39410219=1

What I don't get is how they spent down ~$33M in reserves over a five year period before deciding it needed to be addressed this year. There could be good reasons for spending down the reserve, but you would think the university would have mentioned them. If there wasn't a very specific plan/reason, it seems crazy to wait until it's down under $5M to try to replenish it.

 

[Digging dog]

I think a new state flag would settle this matter.

Touché

 

[DesotoCountyDawg]

Alcorn is the HBU Land Grant. I'm not sure what the law says about consolidating with another university.

 

[Hoover Dawg]

This state and/or its entities, no matter how small, will never unite on anything.

 

[EurekaDog]

It's not just in Mississippi. AL A&M seems to have a financial "issue" arise

every 5-10 years.

 

[johnson86-1]

I think Barbour proposed consolidating the three public HBCUs and merging MUW with MSU. Needless to say, this went over like a lead balloon.

Yeah, it's a political non-starter, but it would be the smart thing to do. Of course the smart thing to do would have been to have one or at most two universities to begin with. There's really not a great solution, even if you could ignore politics.

Best case scenario would probably be merge MSU and MUW, merge UM, DSU, and MSVU (probably with the intention of shrinking the MVSU campus), and then merge USM, JSU, and Alcorn.

 

[thatsbaseball]

Maybe the feasibility study for the $200mil dome ?

 

[johnson86-1]

Maybe the feasibility study for the $200mil dome ?

Sadly enough, that almost certainly cost them 6 figures to put together such a ridiculous proposal.

 

[wpmusm]

I posted this on Jackson Jambalaya, but I've always wondered how a non-HBCU urban public university would fare in Mississippi. Alabama has UAB, Tennessee has Memphis, Louisiana has UNO/LSU, Arkansas has UALR, Georgia has Georgia State, etc.

 

[was21]

He wouldn't have to do that in order to be called a racist

 

[RocketDawg]

every 5-10 years.

Yeah, like embezzlement. Don't know if there's been jail time or not but probably should be.

 

[Maroon Eagle]

JSU's president resigned. Link: Here.