For-profit education firms slide after Jim Chanos labels them "a national shame," passing out...

|By:, SA News Editor

For-profit education firms slide after Jim Chanos labels them "a national shame," passing out worthless degrees and tons of debt. "I cant think of a more predatory business," he says, singling out ITT Educational Services (ESI -4.6%) as a particularly egregious offender. Other education names sink: APOL -3.5%, CECO -7%, DV -4%, WPO -2.6%.