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APOL - Great Minds

07/20/2010 08:20 PM by Dave Pinsen

Short Screen message board readers may recall that Hesperian called for shorting the for profit education sector back in April ( http://shortscreen.com... ). Earlier this month, I noted that famed short seller Jim Chanos announced he was also short the sector ( http://shortscreen.com... ). Now Steve Eisman, one of the handful of professional investors who shorted the subprime mortgage sector, has announced that he's short the for-profit education sector too ( http://www.marketfolly... ).

You heard it from Hesperian first.

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  • 07/23/2010 04:08 AM by Dave Pinsen

    Should be an interesting day for this sector Friday ( http://news.yahoo.com/... ):

    "The Education Department will propose much-anticipated regulations Friday that would cut off federal aid to for-profit college programs if too many of their students default on loans or don't earn enough after graduation to repay them."

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