Corinthian Colleges could never have fleeced so many students without the government's indirect help.» Read More
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Recent data released by the Department of Education shows that students at for-profit schools have the highest default rates on student loans.
DeVry Inc. was one of the day's biggest gainers, rising $1.11, or 4.9 percent, to $23.87, after peaking at $25.02 earlier in the day.
If you’re a Bridgepoint investor, Monday’s press release must have left you feeling like you bombed your final exam before graduation. If you haven’t already panicked out of your position, you could feel better when Bridgepoint bounces back, likely later in the week.
The S&P small-cap 600 index reached a new high Tuesday as U.S. equities appear to be on track to close the first quarter of 2012 with their best performance since 1998.
The bulls are headed back to school at Corinthian Colleges.
If the U.S. debt limit is not increased by Congress, the troubled for-profit education industry would be among the first to take a hit.
Stocks lost steam in the last few minutes of trading to close mixed Thursday ahead of the government's monthly jobs figure and after EU officials said no agreement has been reached on additional funding for Greece.
Stocks rebounded from earlier lows, but wavered ahead of the close Thursday ahead of the government's monthly jobs figure and after EU officials said no agreement has been reached on additional funding for Greece.
Stocks fluctuated on Thursday following mixed news on the economy a day after the market suffered its biggest losses since last August.
Futures held slight after news of a slight dip in jobless claims that fell short of expectations. The firmer tone comes a day after the market suffered its biggest losses since last August as investors waited for more clues on the strength of the economy ahead of Friday's government jobs report.
Following are moves you might have missed. Find out why shares of Molycorp and Best Buy popped while Marvell Technology and Corinthian Colleges dropped.
Say this for Washington Post: When reality hit regarding the impact of changes in rules that relate to for-profit education and its Kaplan Higher Education unit, the company wasted little time getting ahead of the curve.
For-profit schools are back in focus today after the Education Department’s release of 2008 three-year student default rates.
Stocks ended mixed, but off the lows of the session, amid rekindled European debt worries and as investors awaited the start of the earnings season.
Stocks pared some of their earlier losses as tech stocks gained, but remained under pressure for a third straight session Monday amid rekindled European worries and as investors awaited the start of the earnings season. AT&T and DuPont fell, while BofA rose.
Stocks fell as investors awaited the start of the earnings season and shrugged off a spate of mergers and acquisitions activity. DuPont and Microsoft fell fell, while GE rose.
Call it one of the dirty little secrets of the education industry: When students can’t pay their loans, many schools manage (some would say, manipulate) default rates so they look better than they really are.
Once the darlings of Wall Street, for-profit education companies have seen their market value plunge to the lowest level in 52 weeks, leaving investors to wonder if the industry would be able to survive in its current form. An index of nine for-profit education companies, the S&P 1500 Education Services Index is down nearly 30 percent for the year.
While year-end portfolio dressing may make you think twice about investing in managed funds, there are ways to take advantage of the pros' bad calls.