I urge him to resign and, if he is as clever as he claims to be, start his own private university complete with new traditions, a new plane, a Ph.D. program over the internet that can provide webfeeds to all the football games that the football team his new school will have, and a whole new philosophy on work force hiring.
You know, he won't need much space either - he could basically run it from his home or the deserted Albertson's store or the old Hattiesburg High School.
I bet he could make a killing offering online courses by employing only family and close minions...polymer science, economic development, ed/psych., dentistry, creative finance, floating budgetary constraints, human resources management: a new approach, how to fire people and make yourself feel better...the possibilities are endless!!!