For-Profits Should Not Waste New Lease on LifeNovember 15, 2016 | :
by Ryan Craig
The shocking election of Donald Trump as our next president has yielded a number of immediate winners who have been “on the outs” under the Obama Administration. Pharmaceutical companies and banks have done well. Fossil fuel stocks have risen. So have for-profit colleges. Stocks like DeVry, Capella and Career Education are up 10 percent or more. Investors are speculating that new regulations like Borrower Defense to Repayment and Gainful Employment that looked as though they were going to strangle the sector may be enforced lightly or lifted entirely.