June 28, 2002

Companies in the 'Education Industry' Get Optimistic Revenue Predictions

By GOLDIE BLUMENSTYK

Companies that offer higher education or that sell related supplies and services are expected to see revenue growth of 10 percent in 2002, driven largely by the strong performance of corporations that run for-profit colleges, according to a report released this month by an independent research firm.

Nearly a third of the $16.5-billion in revenues generated in 2001 by postsecondary-education businesses came from higher-education companies like Apollo, DeVry, and Education Management,

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