by Zacks Equity Research

For-profit education companies finally seem to be winning their fight against the Obama-era regulations that pushed two behemoths, Corinthian Colleges and ITT Tech, into bankruptcy, while the others saw their stock prices and enrollment plunging.

The Department of Education under Education Secretary Betsy DeVos has delayed implementation of gainful employment rules, withdrawn key federal student loan servicing reforms, and signaled a less arduous regulatory environment for the industry.