Education stocks rally, with Trump seen as a boon for private colleges - MarketWatch
Eased regulations could enhance profitability for ATGE, mimicking past performance trends.
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Eased regulations could enhance profitability for ATGE, mimicking past performance trends.
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Private-education stocks rallied on expectations of eased regulations under Trump. Analyst predicts removal of onerous gainful-employment rules for for-profit colleges. ATGE shares soared 8.8%, amid a broader sector rally. Past rallies occurred during Trump’s first term post-election win. Concerns about child-care costs under potential Biden policies may diminish.
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