In November, Strayer Education completed an offering of common stock, selling 2.3 million shares on behalf of investors in the company for $52 a share. Strayer did not receive any of the proceeds of the offering.

In December, ITT Educational Services announced that it had stopped admitting new students to its ITT Technical Institutes in Hayward and Santa Clara, Calif., because of low enrollments. ITT said it would continue to operate the...

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