Shares of for-profit education companies drop after government data shows that many of their...

|By:, SA News Editor

Shares of for-profit education companies drop after government data shows that many of their students aren't repaying school loans. ITT Educational Services (ESI -11%), Washington Post's (WPO -11.2%) Kaplan, Strayer Education (STRA -15.9%) and Corinthian Colleges (COCO -23.2%) all have repayment rates below 35%, proposed threshold for a cutoff from federal financial aid funds.