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THE LONG DISTANCE LEARNING MKT. IS GROWING BCZ OF THE MASSIVE COSTS OF EDU(another pk). AND NOBODY'S GOING NOWHERE W/O THE BA OR BETTER. OUTTA WORK ADULT OR OUTTA SKILLS KID! TAKE A LOOK AT CHINA AND OTHER THIRD WORLD COUNTRY'S. AND THE USA BETTER TAKE A LOOK TOO.
High growth rate, china play
China Distance Education is heavily invested in the Chinese eduction system, with recent partnering with Beijing City University. In addition, DL is expanding their program from Tianjin to Beijing, increasing their enrollment and the program they offer. Furthermore, the company retained more than 30% of its total revenue for future growth. As for the sales of the company, in the last 3 years, DL had a growth rate of 66.04, and had and will continue to outperform the industry, sector and the S&P 500.
In my opinion, online education is a growing market, despite my hatred for it. Also, with the masses of poor people in China that either can't afford an education for their children or can barely get by while affording it, it seems that Chinese online education has a sizeable market to expand into.
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