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H.J. Huneycutt » Comments » APEI

  • The Short Case on Strayer Education [View article]
    User,

    I look at this from the other direction as you do. Even assuming these companies weren't overvalued by every conceivable measure IMO, I'm not so sure the outlook for them gets better because of an economic downturn. I think the reverse is more likely.

    These for-profit universities are extremely expensive and with the economy down, there's absolutely no guarantee that one will find a job after obtaining their degree. Hence, why spend tens of thousands of dollars on a second-rate education when you're not even sure if your investment will ever pay off?

    Plus, the other thing to think about - the people attending these universities are normally already employed. They go to the for-profit universities because they are more flexible than traditional universities. As unemployment moves above 10%, people are suddenly going to find themselves with more time and with little need for the flexibility offered by DeVry, Strayer, UofP, etc. In such a scenario, a state school with dramatically lower tuition fees is much more attractive.
    Feb 01 14:59 pm |Rating: +2 0 |Link to Comment
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