In spite of renewed efforts by the United States Department of Education (DoE) to reign in for-profit colleges, Grand Canyon University's (LOPE) financial and student performance continues to excel. The key to LOPE's success is not entirely based on growing revenues and operating margins, but on the establishment of a reputable institution that can beat back harsh regulatory efforts by the Obama administration.
Because for-profit colleges collect a substantial amount of revenue from federal student loans and Pell Grants, the Obama administration's intervention into this industry poses enormous risk; one that could force existing companies out of the market and raise new barriers to entry for others trying to get in. The government's objective...
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