Sadly, I think a fair amount, if not most, of the students will be thrilled. TD Jesus will be replaced with a monument of the Obamessiah.
There was a joke going around Georgetown when Clinton was president, during the Monica Lewinsky scandal, that things had gotten so bad that the faculty would probably award Bill Clinton an honorary Doctorate in Theology. It seemed like just a joke then. But only just. Notre Dame has a hit a new low with the plan to award Obama an honorary Law degree. It's so absurd.