Analysts Say Election Outcome Could Benefit For-Profits

SOFTER BLOWS? Some for-profit universities breathed a sigh of relief with Trump’s victory. The Wall Street Journal reports that shares in DeVry Education rose nearly 9 percent on Wednesday. An analyst for Credit Suisse writes that the firm expects the Obama Administration’s gainful employment rule—created to hold for-profits accountable for student outcomes—to be “muted.”

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