Check this out:
http://www1.salary.com/Jack-D-Massimino-Salary-Bonus-Stock-Options-for-CORINTHIAN-COLLEGES-INC.html
This is how much jack is making! Now think about the rest of the board and the top level directors. Why not cutting $3,000,000 to $1,000,000 and let 200 instructor leave peacefully for these five weeks?????