David Tsao

Healthcare, Education: Two Reasons to Worry About America's Future

Calling out STRA and APOL on this analysis is a bit of a stretch. For profit education companies serve a specific need in the education market. If you're going to talk education, stick with the fundamentals surrounding these companies, FFEL and Title IV loans, enrollments, the future of auction rate securities that back a substantial portion of these loans, and tuition rates, and the needs these companies serve compared against community colleges, universities, and trade schools.