homepage Educational associates Weather All Kinds Of Conditions
What happens when the economy slows and population lose their jobs?
Among many other things, some population pick to go back to school and upgrade their skills. No matter if the economy is bad or great, the instruction business is always doing well.
Educational associates Weather All Kinds Of Conditions
There aren't a lot of incommunicable instruction companies out there that trade on a stock exchange. The University of Phoenix, Inc. (Apollo Group, Inc.; Nasdaq/Apol) is a for-profit instruction enterprise that focuses on adult education, but there is some controversy with this enterprise and not all of its programs meet academic accreditation.
One of the most thriving instruction companies in the marketplace is DeVry, Inc. (Nyse/Dv). This firm runs DeVry University, industrialized Academics, Ross University, Chamberlain College of Nursing and Becker professional Review.
In its second fiscal quarter of 2008, ended December 31, DeVry's revenues grew 16% to practically two hundred and seventy-four million dollars, up from revenues of around two hundred and thirty-five million dollars.
Net earnings for the second quarter was close to thirty-six million dollars, up substantially from net earnings of over sixteen million dollars generated in the comparable quarter.
The enterprise reported that its DeVry University subsidiary achieved its ninth consecutive period of certain undergraduate new learner growth and the sixth consecutive period of certain total learner enrollment growth. New students increased 10.7% and total students increased 10.3% in the newest quarter.
DeVry finished the first half of fiscal 2008 with practically two hundred and forty-one million dollars in cash and without debt.
The enterprise recently announced that it will be occasion two new facilities in the Los Angeles County communities of Palmdale and Lancaster. The enterprise will open a new campus of DeVry University along with its Keller Graduate School of Management.
According to the company, 93% of its system-wide graduates in the active job market were employed in their fields within six months of graduation at an midpoint salary of ,000. DeVry has a proven track article of strong academic achievement, as well as providing solid wealth creation for stockholders. A enterprise like this will likely weather any economic environment very well.
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