There’s a long list of things that didn’t go right this quarter.

It all came home to roost. While revenues were in line, costs were out of control. Too much staff needed to integrate the new and existing centers. There was also the sense it has been...

Educate is at a place where it is feeling the pressure in its ability to attract customers. While it is tackling a lot of small issues, the elephant in the room is it has effectively...

Enrollment at all costs is not valuable.

It’s good that they (management members) said they have gotten some good feedback from the Department of Education. But the deal could run into some snags. The rules for these deals state that if the...