Ahead of the Bell: For-profit education shares dip

Source: businessweek.co Posted By: Zarah Owens..5776 days ago

Shares of for-profit education companies dropped Monday after the government released data showing that many of their students aren't repaying their school loans.

The low repayment rates increases the likelihood of greater regulation and the possibility of a cut-off from federal financial aid funds, which make up the bulk of their revenue. The Department of Education released the report after the market closed Friday.

ITT Educational Services Inc.; Washington Post Co., a newspaper publisher....

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