For-profit education names hit by Ackman rumor


Dropping alongside Apollo Education Group on rumor of an Ackman short: ITT Education (ESI -24.1%), Strayer (STRA -4.2%), DeVry (DV -2.1%), Career Education (CECO -2.1%), Grand Canyon (LOPE -2.6%), American Public (APEI -2.8%), Education Management (EDMC -2.4%), Bridgepoint Education (BPI -2.4%), Lincoln Education (LINC -1.4%).

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Comments (9)
  • Moneycurious
    , contributor
    Comments (21) | Send Message
     
    Thanks for the heads up, I'm out. This sector did it to themselves, and this will not likely be the last of it. I think when companies like EDMC lose all credibility and become lobbyists rather than businesses they are any and everybody's ball to kick around. Some of the puts I've placed on these guys are really sweet, but they are a lot of work. Hope Bill doesn't ruin it for the rest of us--eh Bill?
    22 May 2014, 11:56 AM Reply Like
  • deercreekvols
    , contributor
    Comments (9725) | Send Message
     
    Wish Ackman would short Pearson and that silly Common Core garbage. If education is a for-profit business, and is it ever, then Pearson should be sweating.

     

    Please!!!!
    22 May 2014, 12:17 PM Reply Like
  • Heinz Doofenshmirtz
    , contributor
    Comments (308) | Send Message
     
    University Endowments versus Selected Country GDPs

     

    http://bit.ly/1tpN6cp
    22 May 2014, 03:17 PM Reply Like
  • IncomeYield
    , contributor
    Comments (3715) | Send Message
     
    It is for profit. :)

     

    How many public universities have a President making a million dollars?
    22 May 2014, 05:21 PM Reply Like
  • Moneycurious
    , contributor
    Comments (21) | Send Message
     
    roughly 20%, major discussion topic lately. On the other hand they are not paid in stock which changes all of the rules and incentives.
    2 Jun 2014, 04:14 PM Reply Like
  • U2A Ventures
    , contributor
    Comments (357) | Send Message
     
    for profit education sector was a joke to begin with.
    22 May 2014, 03:00 PM Reply Like
  • tc2014
    , contributor
    Comments (152) | Send Message
     
    Wait for it....

     

    Herb Greenberg will write a beautiful "hit piece" on the industry followed by a some outstanding investigative journalism from the likes of 60 mins. Reminds me of the Jetson's when George gets stuck on on the doggie treadmill.
    22 May 2014, 05:03 PM Reply Like
  • Helmutzerber
    , contributor
    Comments (27) | Send Message
     
    For profit, or public ? You are foolish to think that public universities aren't exactly the same. Tuition keeps going up, education quality goes down, salaries go up. Take a look at the highest paid public employee in every state. At least 90% are our public universities football or basketball coach !

     

    I say limit sports, put the money into education. College coaches should make more than High school, but just like the athletes, the money should be in the pros. Go there to get paid.
    23 May 2014, 05:09 PM Reply Like
  • Moneycurious
    , contributor
    Comments (21) | Send Message
     
    Yes I do believe they are not the same--see below.

     

    This was the "post" or one of two assignments weekly. It was given an "A". The Class was L7101, a doctoral Argosy University Online, 2011class. Please read it and decide if this person is worthy of getting your tax dollars for education, if this school is doing this person a service by allowing them entrance and sustaining them in school, and if this student might ever become employed, at the doctoral level, in anything but a workfare program? Do you think that a school that allows this student entrance and allows this student to be deluded that they are "doctoral" material is a rip off con job?

     

    By the way, all five of the sources are to be cited in APA style, they are none as you can see and yet this student received an "A".

     

    Assignment:

     

    "Using the Internet, find at least five resources by Robert Quinn and Peter Vaill. Almost all of their leadership literature suggests that exemplary leaders must transform themselves before they can effectively lead and motivate an organization. Respond to this suggestion drawing upon at least 3-5 peer-reviewed references. In a Word document, compare and contrast your personal style with the following leadership practices discussed in Kouzes and Posner: Model the way. Enable others to act. Encourage the heart. How do your leadership practices differ from the ones discussed in Kouzes and Posner? Discuss how you plan to decrease the differences. How will you incorporate these practices into your personal leadership style? Develop personal change strategies to incorporate these leadership practices into your personal leadership style.

     

    Post:

     

    "" Module 6 Discussion Question 1Model the way:

     

    I really don’t have one leadership style I try to be veryflexible. In my leadership role I try to encourageeveryone. I don’t believe in the words I can’t because I know aperson can do the impossible if they put fourth an effort. Thereare times I would like to quit but I realize that you must talk the talk awalk the walk. You must be self motivated and be able to motivateothers in an organization. As a leader the main time you stop modelingthe way that’s when you realize how many people were modeling them selvesafter you. As a mother of six I must set the example. Myeldest daughter when I went to college and graduated she told me she wasgoing to do the same thing. Many times she wanted to give up but Iencouraged her that she could do anything she put her mind to. Enabling others toact: I was told that Icould be hard at times but I had to learn not to show favoritism. Toget a team to work together can be difficult but by giving everyone the sameinformation and keeping an open line of communication every thing will cometogether. Within the church I have people working in positions they hadnever worked in before many would complain that they are not prepared but bymotivating them they would do the job and it would always turn out betterthan what they expected. Believe it or not but they would come and tellme thank you for believing in them. Many times people can see what youcan achieve before you do. There were two ladies that wanted to do fundraisers around the same time. One came and was complaining that theother lady was trying to hinder her project. After explaining to her thatthey had to different project in two locations I told do what you can andallow her to do hers, and it was going to turn out better the sheexpected and it did. Getting to know their personality typeshelps a lot also. Within the church I try to encourage as many peopleas I can to stay in school and to take classes in the local college becauseyou don’t know what you can do until you do it. In essence what I am sayingis support you worker ideas and actions build their confidence level up intheir abilities and integrity them motivate them and pay attention to theirfeelings. Encourage the heart: First you must find theirstrengths and build on them. We all have weakness but don’t allow theweakness to weigh you down build on them. Reward your employees in words andgifts this builds trust and lets them know how much you appreciate them. Oncethey take on a project I don’t interfere with it if they ask my onion thenand only them do I give it. If something doesn’t work out I don’t beatthem up with it because I see it as a part of the learning process. There will be times thing want work in your, favor but learn from it.""
    2 Jun 2014, 04:19 PM Reply Like
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