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Stockreport

For-profit schools, an Obama target, gain new momentum under Trump [CNBC]

DEVRY EDUCATION GROUP INC (DV)  More Company Research Source: CNBC
US:NYSE Investor Relations: investors.adtalem.com
PDF Since Election Day, for-profit college companies have been on a hot streak. DeVry Education 's stock has leapt more than 40 percent. Strayer 's jumped 35 percent and Grand Canyon Education 's more than 28 percent. You do not need an M.B.A. to figure out why. Top officials in Washington who spearheaded a relentless crackdown on the multibillion-dollar industry have been replaced by others who have profited from it. President Trump ran the now-defunct Trump University , which wound up besieged by lawsuits from former students and New York's attorney general, who called the operation a fraud . Within days of the election, Mr. Trump, without admitting any wrongdoing, agreed to a $25 million settlement . More From New York Times: Wall Street hits record highs on strong retail results WhatsApp's new feature continues Facebook's Snapchat mimicry How an interoffice spat erupted into a climate-change furor Betsy DeVos , the newly installed secretary [Read more]

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