DeVry Inc. (DV), ITT Educational Services, Inc. (ESI): Following the Money in For-Profit Education

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Another detail investors need to be aware of is that, on multiple occasions, members of Congress have suggested making the GI Bill funds eligible to count toward the 90/10 rule. Doing so would be an enormous problem for American Public Education, Inc. (NASDAQ:APEI), but less so for some of the other schools that also enroll military personnel.

Finally, members of Congress have suggested in the past changing the 90/10 rule to an 85/15 rule. If that were to happen, American Public Education, Inc. (NASDAQ:APEI), Apollo Group Inc (NASDAQ:APOL), Corinthian Colleges Inc (NASDAQ:COCO), and Bridgepoint Education Inc (NYSE:BPI) would all currently be in probation for violation of the rule.

The article Following the Money in For-Profit Education originally appeared on Fool.com.

Fool contributor Brian Stoffel has no position in any stocks mentioned. The Motley Fool recommends and owns shares of American Public Education and Bridgepoint Education.

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