Why does it worry you? They're only concerned about the outdated teaching building and the paces of change in the curriculum. It's not like it's due to failing board scores or the school losing its accreditation for not being qualified to teach. There could be much worse reasons to be placed on probation, and this shouldn't affect anyones decision on Louisville. Basically all I'm taking away from it is that we're going to get a newly renovated teaching facility even sooner than before, just so they can get this over with and get off probation.
If you believe that they are only concerned about those two things, then you have been misled. Do you truly think that the other 7 areas that they were marked on were less important? If so, why would LCME take the time to review those things if they were "nothing." I'm not saying that this is necessarily a make or break deal, but it definitely should come to play in peoples decision otherwise they haven't given the time to really think about it.