Very good post! But I think narrowing down on one company isn’t the right approach because there were obviously issues with debt and prevalence of predatory practices and they were just waiting to be sued. Companies like PRDO have also existed in the 90s but they are fine today. I am invested heavily in LGCY so thanks this gives me some metrics to look at and red flags to track
Im not saying that all for profit schools are like COCO, but I think understanding this situation helps to know what to look out for with other companies in the industry like LGCY (write up coming)
Very good post! But I think narrowing down on one company isn’t the right approach because there were obviously issues with debt and prevalence of predatory practices and they were just waiting to be sued. Companies like PRDO have also existed in the 90s but they are fine today. I am invested heavily in LGCY so thanks this gives me some metrics to look at and red flags to track
Im not saying that all for profit schools are like COCO, but I think understanding this situation helps to know what to look out for with other companies in the industry like LGCY (write up coming)
Thanks, very excited to read it!