re: To what extent would LSU be more prestigious if it were in a safer location?

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The hood around USC is far worse than Baton Rouge

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There are more issues on USC's campus than LSU's too. USC might be the best example of a huge (and growing) university that's damn near surrounded by some dangerous neighborhoods. Some of it creeps onto campus. It's far worse than LSU (or any SEC school that I can think of) except that there's obviously far more $$ spent on local infrastructure in Los Angeles so at least the main routes in the USC appear to be merely "sketchy" rather than totally abandoned. Don't get lost and make a wrong turn around there though....yikes.

Add Johns Hopkins, U of Chicago, Drexel, University of Detroit, Columbia, NYU, Rutgers, University of Memphis, U of Houston, and Yale to the list of mid sized or large institutions that are either in shitty neighborhoods or directly adjacent to them. Duquesne university and Pitt are near Pittsburgh's ultra shitty Hill district and there is definitely some issues on those campuses.

Marquette, U of Cincinatti, and Georgia Tech are near city centers and are very close to some pretty big inner city ghettos, but have somehow kept most of the issues off campus. U of Pennsylvania and Wayne State are still in sketchy areas, but are seeing some gentrification.

One side of Berkeley is in an extremely shitty part of town with homeless camps everywhere, although the other side up the hill is super nice. Berkeley's own students join Antifa light the place on fire every few years so I'm not sure if that counts.

I bet an even greater percentage of medical schools are in really shitty areas compared to older universities.