Corinthian Colleges, Inc. (NASDAQ:COCO)
CAPS Rating:
A for-profit, post-secondary education company which serves the growing segment of the population seeking to acquire career-oriented education.
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A for-profit, post-secondary education company which serves the growing segment of the population seeking to acquire career-oriented education.
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Accreditation scares, lawsuits, and a close shave with the "90/10" federal financial aid rule are enough to make me confident that COCO is going to fail. Abysmal graduation rates (~30%) will also hurt this company in the long run.