Showing posts with label Indicating New Regulations Won't Hinder Industry Growth. Show all posts
Showing posts with label Indicating New Regulations Won't Hinder Industry Growth. Show all posts

Thursday, June 2, 2011

For-Profit College Stocks Soar, Indicating New Regulations Won't Hinder Industry Growth

NEW YORK -- Amid dueling assessments of the impact of new federal rules aimed at cracking down on abuses by for-profit colleges, the stock market delivered a clear verdict: business as usual.

Shares for every publicly traded college corporation made gains on Wall Street Thursday, with share prices at many of the largest corporations, including Education Management Corp. and ITT Educational Services Inc., soaring more than 20 percent by the end of the day.