The state of Arizona proposes to cut community college funding by 50%. Texas is cutting also, and closing four campuses.

No, this is not a larger-scale Walnut College Case Study; it's real-world 2011.

"Dean Dad" asks you, what would you cut if you were a community college CFO in Arizona?

To get a sense of just how bad this is, you could reduce every salary at the college by 25 percent, and still not make up the gap. (That's because labor isn't the only cost.) Alternately, you could lay off 25 percent of the employees and still not make up the gap.

The 'squishy' things would be the first to go. That means travel, professional development, and food for college functions. This adds up to well under 1 percent.

Obviously, any new full-time hiring for non-unique positions is out of the question. Normal attrition, unreplaced on the staff side and adjuncted-out on the faculty side, might get you another percentage or two.