For-Profit Segment Welcomes Election of Trump

After blue collar America handed Donald Trump his surprise victory over Bruce Springsteen yesterday, one of the sectors welcoming a Trump presidency seems to be the for-profit education business.

Stocks like Grand Canyon Education (ticker: LOPE), DeVry Education Group (DV) and Capella Education (CPLA) surged roughly 10% Wednesday on hopes that the new president and his Republican Congress will ease the Obama administration’s tough…

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