CareerChange posts

Feed

Lousy economy may benefit online education companies

With a slowing economy and corporate layoffs being announced daily, look for online education companies to benefit. Many unemployed are and will be looking for a profession, and many employed people are always looking to make career changes. Online education companies are therefore enjoying higher enrollment rates.

Shares in Apollo Group (NASDAQ: APOL) are surging over 20% on a strong earnings report.

According to the AP: " Total degree enrollment rose 11 percent during the quarter to 345,300 students, versus a year ago. Apollo has boosted student retention with expanded academic programs, improved courses and other services." The company even managed to raise tuition by 4-10% depending on the program.

Pretty good business climate if you can both raise prices and increase enrollment. With a continuing weak economy, look for shares in online education to potentially be an interesting trade in a struggling economy.

Aaron Katsman is the lead Portfolio Manager and Managing Director of America Israel Investment Associates, LLC. and Senior Editor of IsraelNewsletter.com. DISCLOSURE: Writer's fund has no position in any stock mentioned, as of 7/2/08.

Symbol Lookup
IndexesChangePrice
DJIA+45.5010,779.17
NASDAQ+2.192,391.28
S&P 500-0.391,165.82

Last updated: March 19, 2010: 09:11 AM

Hot Stocks

General Electric

18.19+0.15(+0.83)

Alcoa

14.30-0.16(-1.11)

Apple Inc

224.65+0.53(+0.24)

Google Inc 'A'

566.40+0.84(+0.15)

Bank of America

17.08-0.19(-1.10)

Wal-Mart Stores

55.94+0.02(+0.04)

Exxon Mobil Corp

67.39+0.03(+0.04)

Ford

13.73-0.37(-2.62)

Citigroup

4.02-0.03(-0.74)

IBM

128.38+0.62(+0.49)

Yahoo

16.56+0.06(+0.36)

Starbucks

25.02-0.54(-2.11)

Microsoft

29.61-0.02(-0.07)

Home Depot

32.40-0.12(-0.37)

DailyFinance Headlines

WalletPop Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

CNNMoney Headlines

More CNNMoney.com

Financial Times Headlines

More Financial Times

CNBC Headlines

More CNBC.com

SmartMoney Headlines

More SmartMoney

Fox Business Headlines

More Fox Business

Engadget Headlines

More Engadget