For-profit college stocks soar, indicating new regulations won’t hinder industry growth


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, reports the Huffington Post. 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…

Click here for the full story