Nothing ground breaking here, I just find it interesting that VT has essentially the same size under-graduate student body (according to Wikipedia) as LSU - the same LSU that hired Jeff Grimes for double the money and also has a $100 million athletic budget.
VT - 23,976; LSU - 24,641 **VT reportedly has more graduate students
VT also averages much higher starting and mid-career salaries for graduates than LSU according to this:
http://www.payscale.com/college-salary-report-2013/full-list-of-schools
I'm not sure about the size of the alumni base, but it must be at least comparable. If you look at the numbers, VT is comparable in size to any of the schools in the SEC not named aTm, UF, or Vandy. And the graduates have just as much (if not more) earning potential.
Point is, outside of things VT can't really control like the ACC media rights payout, it doesn't seem like finaces and/or fund raising should be a problem for VT. So for me it seems the difference is culture and priorities. How would you describe the culture of the institution? What are the priorities of the school's leadership? What are the priorities of the alumni? How are they different from other schools?
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