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Dept. of Education's much-awaited gainful employment rule is much softer on for-profit schools...

Dept. of Education's much-awaited gainful employment rule is much softer on for-profit schools than expected, including relaxed debt-to-income ratios and significantly more time for schools to fix problem areas. Premarket: COCO +37%. ESI +24%. CECO +16%. STRA +16%. BPI +15%. DV +14%. APOL +14%.
Comments (2)
  • For-profit lobbying groups win! I don't know if it means future campaign contributions, or the fear that the ugly secret about student loans to public and private universities would be leaked out. Plenty of student graduates of private and public universities have even larger debt levels and no job as well. Some upwards of $150000 and $200000 while they got their degree in sociology, or anthropology. Not knocking these studies but the reality their income will likely fall far short of what they need.
    2 Jun 2011, 10:32 AM Reply Like
  • I wonder how short squeeze may continue rally, STRA was heavily shorted stock for example
    2 Jun 2011, 10:46 AM Reply Like
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