Economic Downturn Is a Boon for For-Profit Colleges

The for-profit college industry, unlike the rest of higher education, is enjoying a financial tailwind that is only likely to improve in the next couple of years.

Enrollments this fall at nine major publicly traded college companies grew at a pace faster than the average annual rate of growth for the past three years, while profit margins for this year are projected to be higher than they've been since 2005.

And the grim financial outlook that has led to freezes

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