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Strayer Education (STRA) announced after Friday's close a 20% drop in new enrollments, signaling...
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Monday, January 10, 2011, 9:07 AM ETStrayer Education (STRA) announced after Friday's close a 20% drop in new enrollments, signaling continuing struggles for the for-profit education industry, already under government scrutiny for saddling students with debt while not fully preparing them for the workforce. STRA -25.1%, CECO -10.2%, APOL -9.2%, CPLA -9.2%, COCO -8.1%, BPI -6.8% premarket. (PR)
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"...already under government scrutiny for saddling students with debt while not fully preparing them for the workforce."
Change "straddling students" to "straddling taxpayers" and you have an accurate assessment of our public school system in general.
Much could be said of the country's secondary school system accept the debt burden is being saddled by taxpayers.