Apollo Group Inc (APOL), DeVry Inc. (DV), Corinthian Colleges Inc (COCO): For-Profit Education and the Jobs Debate

While these numbers look bad, it’s worth noting that for all but one school, the provision that was failed was the first provision listed above. That is the same provision that was overruled in court, so we’ll have to wait and see if a similar provision takes hold in the newer version of the gainful employment rule.

Corinthian Colleges Inc (NASDAQ:COCO) and its Everest-brand schools, however, did particularly bad — with several of its institutions failing more than one provision. Clearly, by this measure, those schools are the worst of the bunch.

Stay tuned as I’ll be wrapping this series up tomorrow by taking a look at which — if any — of these for-profit schools are worth investing in.  Even if they are, however, I’m pretty sure you can tell I’m not going to be buying any shares in the industry anytime soon.  

The article For-Profit Education and the Jobs Debate originally appeared on Fool.com and is written by Brian Stoffel.

Fool contributor Brian Stoffel has no position in any stocks mentioned. The Motley Fool recommends American Public Education and Bridgepoint Education (NYSE:BPI). The Motley Fool owns shares of American Public Education and Bridgepoint Education.

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