March 11, 2012
Nation's Biggest For-Profit Colleges Suffer Enrollment Declines
Two years' worth of the most intense public scrutiny in their history is having an impact on many of the country's biggest for-profit higher-education companies. For most, after a decade of double-digit growth, enrollments are declining, along with revenues and profits.
The companies, several of which have reported their 2011 fiscal-year results in the past few weeks, say the negative publicity about their colleges from Congressional hearings, lawsuits, and state investigations is a