For Profit Education Companies Look to Reduce Costs Amid Heightened Regulation
Five Star Equities Provides Stock Research on Apollo Group & DeVry
NEW YORK, NY -- (Marketwire) -- 03/19/12 -- For profit colleges are bracing for a more challenging regulatory environment brought on by the "gainful employment" rules due out later this year. While the industry has been struggling, a number of companies have been taking new approaches to improve their bottom-line. Some schools are reducing expenses as companies try to offset declining revenues. Five Star Equities examines the outlook for companies in the Education & Training Services Industry and provides equity research on Apollo Group, Inc. (NASDAQ: APOL) and DeVry, Inc. (NYSE: DV). Access to the full company reports can be found at:
Recent data from the U.S. Department of Defense shows that for-profit colleges are getting almost one of every two military Tuition Assistance dollars. The for-profit college industry received $279.8 million of about $563 million spent last year on the program, according to analysis released by the U.S. Senate on Health, Education, Labor and Pensions. Public colleges received $163.5 million, while nonprofit private schools got $119.4 million.
"News that the DOD is paying more to for-profit colleges than public and nonprofit institutions is highly troubling," the majority staff of the committee said in the report, which cited misrepresentation of programs and tuition costs, aggressive recruiting strategies and high drop-out rates as "significant problems" in the industry.
Five Star Equities releases regular market updates on the Education & Training Services industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.fivestarequities.com and get exclusive access to our numerous stock reports and industry newsletters.
The news came shortly after The House voted to lift some federal restrictions on U.S. aid to students who attend for-profit colleges and universities. House members passed the bill which would cancel an Education Department requirement that college campuses receive state authorization to participate in federal student loan and aid programs.
The regulations would "stall the efforts in our country to make higher education more accessible and affordable to everyone," Virginia Foxx, a North Carolina Republican, said during a floor debate.
Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here