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The state of Louisiana is facing a $2 billion budget deficit and its Governor has stated that its universities may be at risk. No funding = no football.
"If you are a student attending one of these universities, it means that you will receive a grade of incomplete, many students will not be able to graduate," said Edwards. "You can say farewell to college football next fall."
http://www.reuters.com/article/us-louisiana-budget-governor-idUSKCN0VL06P
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