Thread regarding Corinthian Colleges Inc. layoffs

February 5, 2014: Financial Results release, and I wrote, "Cash down again..."

$32.8 million at December 31, 2013 versus $56.6 million at June 30, 2013. New student enrollments are down 14.4% (Quarter over same Quarter). Total student population is down 11.1%. My guess is that the "cost savings measures" involve delayed maintenance, and the like. Imagine going to school where all the equipment needs repair and maintenance. I can almost hear it now, "We don't have the money to replace the light bulb in the Smartboard, so we don't use that room." http://www.thelayoff.com/corinthian-colleges/post/4790054148898816 It's a long play record indeed!

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