Tuesday, February 08, 2005

It's there for the taking 

Fabio Rojas notes three trends in higher education:
  1. 95% of schools aren't selective; if you want to go, you can;
  2. Higher education is booming everywhere, even in Mongolia; and
  3. For-profit schools are growing very fast.
I note with pleasure that my last two very profitable stock trades -- and I've not been trading actively in about a year due to lack of time -- were two higher education for-profits. I would not go to that well again, however, due to some concerns about their practices.