Thu, May 23, 2013, 2:14 AM EDT - U.S. Markets open in 7 hrs 16 mins
Wow - hard to believe the huge value destruction here.
There is too much competition for the group of quality students, and the rest can't afford to pay what is required to run these companies at decent profits.
In short, a very sick industry.
It's increasingly obvious that the answer is online education through video devices, not these monstrous money-sucking losers of the past.