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After the U.S. government weighed in on unethical practices and low graduation rates, for-profit educators began making changes. But Education Management ([[EDMC]] -16%) reacted later than others, and now it's paying the price in enrollment declines - a 5% drop in its latest quarter, 9% so far in this one - and analysts say further cost cuts to help the bottom line will be difficult.

After the U.S. government weighed in on unethical practices and low graduation rates, for-profit educators began making changes. But Education Management (EDMC -16%) reacted later than others, and now it's paying the price in enrollment declines - a 5% drop in its latest quarter, 9% so far in this one - and analysts say further cost cuts to help the bottom line will be difficult. Post your comment!
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