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Sector Snap: For-profit school stocks jump
September 23, 2010
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NEW YORK—Shares of education companies got a big boost Thursday on hopes for a change in tough new regulations that schools have said would hurt their business.
The new rules include a "gainful employment" measure that many education companies have lobbied hard against.
DoE spokesman Justin Hamilton on Thursday said, "Tomorrow, the Department of Education will announce the timeline for publishing final regulations around higher