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For-profit colleges get a post-election bounce

Analysts say Republican-led government could roll back regulations.

A sign marks the location of the University of Phoenix Chicago Campus in Schaumburg, Illinois. 
A sign marks the location of the University of Phoenix Chicago Campus in Schaumburg, Illinois. 
Scott Olson/Getty Images

Among the industries enjoying a post-election stock bounce is for-profit higher education. The University of Phoenix, DeVry, and Strayer all saw their shares rise after the election results. After a nearly eight-year crackdown by the Obama Administration, many are speculating that the Republican-controlled Congress will roll back some oversight of career colleges.

 

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