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Shares of for-profit schools post a second day of big declines as scrutiny of the sector's...

Shares of for-profit schools post a second day of big declines as scrutiny of the sector's business practices grows, along with threats of new regulation. Washington Post Co. (WPO -8.8%) says proposed new regs may harm its Kaplan division; Career Education (CECO -6.6%) and Capella (CPLA -6.8%) confirm information requests from the Senate. EDMC -9.2%, DV -5.8%, ESI -5.5%, APOL -0.4%.
Comments (2)
  • woollyB
    , contributor
    Comments (1019) | Send Message
     
    Shutting off the federal credit hose that waters these schools would solve the problem more quickly and effectively than adding new regulation.
    6 Aug 2010, 02:28 PM Reply Like
  • asw0210
    , contributor
    Comments (16) | Send Message
     
    Do you think they would really skip on the opportunity to pass another 2,000 pages of legislation and create tons of new bureaucratic jobs?
    6 Aug 2010, 02:33 PM Reply Like
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