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Stock Market & Financial Investment News

News Breaks
March 14, 2014
09:40 EDTBPI, ESI, DV, LOPE, STRA, APEI, APOL, COCO, CECOObama Administration unveils new proposed gainful employment regulations
The Obama Administration earlier today announced new proposed gainful employment regulations. The regulations would address growing concerns about burdensome student loan debt by requiring career colleges, many of which are owned by for-profit education companies, to do a better job of preparing students for gainful employment or risk losing access to taxpayer-funded federal student aid, the administration stated. Under the regulations, all gainful employment programs would have to pass metrics to continue eligibility in the federal student financial aid program, including: the estimated annual loan payment of typical graduates does not exceed 20% of their discretionary earnings or 8% of their total earnings and the default rate for former students does exceed 30%. About 20% of for-profit education programs would fail to meet the standards in the regulations, and another 10% would be in a warning zone, Education Secretary Arne Duncan said yesterday, according to Inside Higher Education. Publicly traded companies in the space include American Public Education (APEI), Apollo Education (APOL), Bridgepoint Education (BPI), Career Education (CECO), Corinthian Colleges (COCO), DeVry (DV), Grand Canyon Education (LOPE), ITT Educational (ESI) and Strayer (STRA).
News For APEI;DV;CECO;STRA;ESI;COCO;LOPE;BPI;APOL From The Last 14 Days
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July 31, 2015
17:21 EDTDVDeVry says U.S Attorney declined to intervene in lawsuit
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09:06 EDTCECOCareer Education names Todd Nelson as president and CEO
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July 30, 2015
07:48 EDTESIITT Educational reports Q2 EPS 3c, two estimates 10c
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July 29, 2015
10:27 EDTAPOLApollo Education slides after receiving CID from FTC
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10:07 EDTAPOLHigh option volume stocks:
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06:31 EDTSTRAStrayer reports total enrollments for summer term up 2% to 37,221
Total enrollments at Strayer University for the summer term 2015 increased 2% to 37,221 students compared to 36,403 students for the summer term 2014. New student enrollments increased by 4%, and continuing student enrollments increased by 2%.
06:31 EDTSTRAStrayer reports Q2 EPS $1.11, consensus 99c
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