Healthy Enrollment Growth at Grand Canyon Education Inc Continues

Few sectors have earned the ire of the American public quite like for-profit education. After years of scandals and government crackdowns, many believe that the entire industry is headed for the dust bin.

Just don't tell that to Grand Canyon Education (NASDAQ: LOPE), a school that became for-profit only out of necessity in 2004 and has a real-life college campus in Arizona for nearly 20,000 students. The school reported earnings this week, showing healthy growth across the board.

This is especially important as the third quarter of any year represents the start of the school year, and is a harbinger of things to come for most for-profit schools.

Source: Fool.com