I am an honors program graduate from Lamar. The education I received from there is 1st rate. I have a friend that graduated from the McComb Honors Business college at UT. We compared tests and learning objectives from our finance classes. We used the same textbooks and he said that the things Lamar was doing with their program were not being done at UT. Lamar engages the students in hands-on learning. Class sizes are smaller and it allows for more professor/student interaction. He says that by looking at the things I learned at Lamar, he could only wish that he had the same opportunity at UT. Now, take that for what you will, but I feel that students that choose to go to Lamar are going to get a great education. A lot of people "knock it" because it is a local university, but it is becoming a more respected university every year.
Oh, and for those professors that you can tell stories on...I'm sure every school has their share of those. You shouldn't discredit a school based on the reputation of a couple of professors.