The world of higher education made investment news this week. Barrons.com reports that stock for Apollo Group, Inc. soared this morning as the company felt more confident about its future prospects. Though the company saw a drop in new student enrollment, investors feel the decline is only temporary and, as Apollo adjusts its business model to satisfy new government regulations, its product will see increased growth.
The San Francisco Chronicle also waxed bullish on private sector colleges and universities (PSCUs): "While education experts disagree about the usefulness and validity of the schools, investors cannot deny that they have the chance to make some folks very, very rich." Indeed, with over 9 percent of college and graduate students attending for-profit institutions, there's no denying that a huge amount of federal aid is available to savvy investors.
And in what stocks should the enterprising investor invest? Apollo Group, DeVry, and Career Education all top the list of career education companies worth considering.
The investment outlook on for-profit education looks rosy. The recent spate of federal investigation has proven but a bump in the road. It's clear now that the industry will emerge stronger than ever and ready to provide superior educational services to domestic and international students, whether they seek careers in corrections, video game design, or some other area.