<human>: Could you distill the essence of the text into 1-3 sentences?

I've always known reddit to be a cornucopia of experience and knowledge, so I'm hoping that the great minds of reddit can help me come up with a gameplan. 

I'm fresh out of college, and I was recently hired on in a small town newspaper as the editor-in-chief. I was ecstatic, as I never thought I'd get such a job in my field at such a young age. 

However, I'm three weeks in and I've started to get a feel for the financial situation of the paper. It's in trouble. Big trouble. They can't even pay the printing costs at this point, and if we don't get it figured out soon, it's going to go under. I've been out selling ads as much as I can, even sending out ad representatives to local larger towns to try to get some revenue, but hardly anyone is buying in this economy. 

I'm almost out of ideas. Because it's a small-town newspaper, we provide a very good service for the people in the area. People read the paper religiously here. But paper sales aren't enough to pay the bills. 

Does anyone know anything about what I can do to start getting the paper back on it's feet? Any grants I can apply for, or foundations that help struggling newspapers? Maybe a specific strategy I can use to sell more ads in this economy? I'm getting desperate, reddit. Please help.
<bot>: I'm the editor of a small town newspaper, we're going under, I don't know how to get out of the spiral.