Thread regarding Corinthian Colleges Inc. layoffs

CCi needs to cut expenses as fast as the student population is going down. Revenues are directly related to the size of the student population.

How can CCi cut the rent, utilities, and such? What will be cut? And how will CCi pay the over $350 million in current bills/liabilities? Remember, cash in the bank is effectively $0. Actually to get ahead of the 21 day funding delay, expenses must be cut faster than revenues are going down.

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