I graduated from LSU's MA program in the quite recent past, so I can speak with some authority on it, if it's any help. Money, if it's the same as it was (I believe it is), is $10,500/yr. Not a lot. And you'd think Baton Rouge would be cheap, and it's cheaper than many big cities, but not as cheap as you'd expect. You can pay your way...attrition seemed a bit higher for those who did so. There are normally 5 or so grad assistants, with grading and office hour responsibilities only. You might teach a review session or a single class, but nothing crazy.
The quality of the education depends greatly on how much you put into it. For example, only two professors showed any proactive interest in my applying to graduate programs, and one of those occurred after admissions season was over (this excludes letter writers, who I asked, but I'm talking about professors asking about where I was applying, what my goals were, etc). The professors are, by and large, very knowledgeable. There are two or three who aren't as good as they could be for a few reasons (not being around much, having very low expectations, teaching the same sort of classes without pushing themselves to do something new), but those are the exception. There are strengths in continental, to be sure, but I would say that's less so now. New hires have strengths in analytic ethics, analytic legal philosophy, analytic metaphysics, etc. One could easily make it through the program never taking more than one or two continental or analytic classes, depending on their preference (though that sounds like a myopic way to get an education to me). Jeff Roland is an excellent lecturer in both logic and philosophy of science. Jon Cogburn is a model of open-minded love of wisdom who I'd strongly recommend speaking with (and who seems to have interests in just about everything). Outside of the department, I only took classes with John Protevi in the French department, who specializes in contemporary French philosophy, and has high standards and is very good.
A flaw in the department is that, if it were more strongly integrated and there was more interaction between professors, it would be a great department; as it is, I'd say it's good. There is some interaction, and maybe it's gotten better in the past couple years, but I didn't get the sense of vibrant philosophical conversation between faculty that I think would lift the department up to a new level.
If you have other questions I didn't address, just ask. I'm happy to give a fair assessment.