Granted these next seven companies I will introduce do NOT make all of their money off of for-profit education institutions. But they do make a lot of it. For good or for bad it seems the for-profit institutions lean on online classrooms more heavily than the traditional schools.
There are reasons for that that I would like to address in future posts.
Here are seven e-learning platforms.
I will give
1. it’s name
2. it’s ’05 revenue
3. it’s ’06 revenue
4. its’ equity value
5. it’s projected long term growth.
# 1 on the list is with more revenue than the other six combined.
1. Proquest
2. $567,700,000
3. $588,800,000
4. $846,000,000
5. 12%
Once again, when schools or any business for that matter sees this much cash flow, has this much value, and this much growth potential, they become the focus of increased scrutiny.
Is it any surprise that the for-profit schools are examined so closely? Criticized so openly and loudly?
Are there other reasons for this besides the money? Is it because it concerns our kids? Or someone else’s kids? Is it because schools were not traditionally in the business of making money? Is it only the traditional schools that are vocalizing the criticism? A lot of questions. Please tell me…
What do you think?
