Capella Education Company
) recently received approval from the U.S. Department of
Education (ED) for its two FlexPath programs - Bachelor of
Science in Business and Master of Business Administration, which
will enable its students to access federal financial aid.
Capella had already received approval from the Higher Learning
Commission (HLC) in May 2013.
The format followed under the FlexPath programs reduces the cost
and duration of the course. It also tailors programs according to
the requirements of the job market. Under the FlexPath model, the
assessment of a program is based on the achievement of the
required competencies and application of learning rather than on
The FlexPath programs cater to working adults who prefer to
upgrade their skills while maintaining their employment. The
recent approval of the FlexPath programs is likely to contribute
to new enrollment growth in the upcoming quarters.
Capella recently reported second quarter 2013 earnings results.
Capella's second quarter 2013 earnings of 83 cents a share
surpassed the Zacks Consensus Estimate of 66 cents by 25.8% on
the back of better-than-expected new enrollment and total
enrollment in the quarter. However, earnings declined 2.4% from
the year-ago quarter due to year-over-year decreases in revenues
Capella carries a Zacks Rank #1 (Strong Buy).
Other education companies that are performing well are
Grand Canyon Education, Inc.
TAL Education Group
). ATA carries a Zacks Rank #1 (Strong Buy), while Grand
Canyon and TAL Education carry a Zacks Rank #2 (Buy).
ATA INC-ADR (ATAI): Free Stock Analysis
CAPELLA EDUCATN (CPLA): Free Stock Analysis
GRAND CANYON ED (LOPE): Free Stock Analysis
TAL EDUCATN-ADR (XRS): Free Stock Analysis
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