Forget for just a moment that Apollo Education Group, Inc. (NASDAQ:APOL) is contracting; student enrollment, revenue, and net income are all down substantially from years past. Focus solely on the Obama administration's war on for-profit education and analyze Apollo's performance from an education perspective.
Then consider that on August 4th, the Department of Education will begin a review of the University of Phoenix's administration of federal financial aid programs. The review is magnified in importance by the fact that Apollo collects more Pell grants than any college in the country.
Based on the company's poor educational performance, large enrollment, and name recognition, it is fair to question whether Apollo is the Department of Education's top target in the...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|