- On December 31, 2007 during President Bush's second term
- On March 6, 2009, very early in President Obama's first term, which was their lowest point due to the spillover effects resulting from the 2008 financial meltdown, and
- also on the most recent date February 14, 2014.
The historical stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 12 largest US Education & Training Companies had their average stock market prices decline by 23% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.
But in the slightly less than five years since March 6, 2009, the average stock market prices of these same 12 largest US Education & Training Companies have increased by 95% through February 14, 2014, driven by two business training firms.....GP Strategies (up 885%) and Franklin Covey (up 490%).....with these two more than compensating for the mostly dismal stock performance by the postsecondary for-profit colleges.
Of the for-profit colleges, the only one that had a somewhat respectable stock market increase since March 6, 2009 was Capella (up 42%). Devry's 17% stock market price decline was much lower than that of the bottom five for-profit colleges, which all had declines of 50% or more. One gem in Devry's education arsenal is its Becker CPA Review......no competitor has been able to come close to replicating its effectiveness.
It should be pointed out that Grand Canyon Education wasn't included in the 12 since its stock first started trading in November 2008. It has bucked the trend and registered a 250% stock price increase since March 6, 2009.
Below here are the stock market prices of each of these 12 largest US Education & Training Companies on February 14, 2014, on March 6, 2009, and on December 31, 2007:
Market | Market | ||||||
Price | Price | ||||||
% | % | ||||||
Change | Change | ||||||
Market | Market | Market | 3-6-09 | 12-31-07 | |||
Price | Price | Price | to | to | |||
Education & Training Services | HQs | 2-14-14 | 3-6-09 | 12-31-07 | 2-14-14 | 3-6-09 | |
GP Strategies | Elkridge | MD | 26.99 | 2.74 | 10.65 | 885% | -74% |
Franklin Covey | Salt Lake City | UT | 20.82 | 3.53 | 7.91 | 490% | -55% |
K12 Inc | Herndon | VA | 21.70 | 14.75 | 25.87 | 47% | -43% |
Capella Education | Minneapolis | MN | 66.31 | 46.74 | 65.46 | 42% | -29% |
Universal Technical Institute | Scottsdale | AZ | 12.61 | 9.16 | 17.00 | 38% | -46% |
American Public Education | Charles Town | WV | 43.24 | 37.19 | 41.78 | 16% | -11% |
DeVry Education Group | Downers Group | IL | 36.66 | 44.19 | 51.96 | -17% | -15% |
Apollo Education Group | Phoenix | AZ | 32.15 | 64.69 | 70.15 | -50% | -8% |
ITT Educational Services | Carmel | IN | 31.11 | 101.37 | 85.27 | -69% | 19% |
Career Education | Schaumburg | IL | 5.87 | 20.80 | 25.14 | -72% | -17% |
Strayer Education | Herndon | VA | 34.40 | 159.43 | 170.58 | -78% | -7% |
Corinthian Colleges | Santa Ana | CA | 1.42 | 16.69 | 15.40 | -91% | 8% |
Average % Change all 12 | 95% | -23% |