I agree. If they cut dividend, investors will bail, not to mention Inst. Holders. At least LINC is taking a different route than it had during the previous years, but not sure this will be quick enough to stop the bleeding and impairment/campus closure expenses. Cash is now dwindling and they will have to tap their credit facilities real soon if they keep incurring loses. They spend $5mil/year just on dividend, but that is just a small expense compared to their quarterly loss.