QUICK TAKE: ITT EDUCATIONAL SERVICES INC (ESI)

[aka name]

Title: QUICK TAKE: ITT EDUCATIONAL SERVICES INC (ESI)
Date: Nov 20, 2009
Author: magicdiligence.com

[Scum!]

From a competitive standpoint, all for-profit education providers enjoy great business advantages. These companies operate lean cost structures, but set tuition based on higher-cost traditional schools, which have to pay for services like dorms, food, sports, and so forth. Since government financial aid limits are set for these traditional schools, for-profits enjoy juicy operating margins over 25%.

Source: http://www.magicdiligence.com/articles/ ... 2009-11-24

[sevenalive]

Disgusting

[rellim116]

25 Percent is more than "juicy", Aggressive numbers in the engineering world are around 15 percent generally around 10, especially in these economic times!!!