The Beginning of a revolution in Higher Education:
"Louisiana's flagship university began putting together the paperwork for declaring financial exigency this week when the Legislature appeared to make little progress on finding a state budget solution, according to F. King Alexander, president and chancellor of LSU. "We don't say that to scare people," he said. "Basically, it is how we are going to survive."
Google any part of title or string for full story (see times and others). This kind of change may be healthy in the long run but it is really going to hurt a lot before things get better… I wonder what this means for LSU (and all other Louisiana) hires this year? Even if you got it everything in writing it won't matter if the exigency paperwork is filed… Tenure and normal contracts cannot protect against associated layoffs during exigency… Yeah, they'll take a huge hit to their credit but they'll also "clear the dead wood". Scary.