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News Breaks
November 27, 2012
14:53 EDTLOPEGrand Canyon sports teams to join Division I, says Credit Suisse
Credit Suisse, citing an SEC filing, reports that all of Grand Canyon's sports teams will transition to Division I from Division II, starting next year. The firm views this news as a significant positive for the company, as it believes that the change will boost the company's enrollment. However, the firm maintains a Neutral rating on the shares.
News For LOPE From The Last 14 Days
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March 12, 2015
08:46 EDTLOPEStudent Aid Bill of Rights unlikely to become law, says BMO Capital
After President Obama signed the “Student Aid Bill of Rights,” which proposes the right to discharge student debt into bankruptcy, BMO Capital says that such a change would imply financial risk to student lenders such as Sallie Mae (SLM). However, the firm does not expect the proposal to become law. It does not expects its estimates for Sallie Mae or education loan provider Navient (NAVI) to change, and keeps Market Perform ratings on both stocks. Publicly traded for-profit education companies include American Public Education (APEI), Apollo Education (APOL), Bridgepoint Education (BPI), Career Education (CECO), Corinthian Colleges (COCO), DeVry (DV), Grand Canyon (LOPE), ITT Educational (ESI) and Strayer (STRA).

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