Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Calvin_2011 who wrote (42698)	5/17/2011 10:07:48 PM
From: Jurgis Bekepuris	2 Recommendations Respond to of 78634

Oh, sure it's the government regulations that make life miserable for these great companies. If only there was no 90/10 rule, they would never hire sleazy car salesmen to persuade low income students take out ginormous loans to pay for worthless crap degrees. Yeah, they need less regulation, not more! Let's all write the congressmen so they would improve the conditions for for-profit education industry. 30-100% ROE and 30% growth rates are not high enough, they are clearly suffering. Don't you know that in 2008 - long before the poor guys were tarred with "Subprime Goes to College" - the CEOs of for-profits gathered for a march to Washington. They went to Education Department and begged to change 90/10 rule so that they could lower tuitions and get less profits. They said "we don't need more money, we are getting too big profits, we want to do civic duty and give students more affordable education, let us cut tuitions 50%!". But evil bureaucrats just laughed at them and said: "You have to keep tuition high, that's the American Way, let the poor suckers suffer".