We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Back to school

14 Oct 2010 By Rob Cox

Apollo Group’s warning sparked a $5 bln meltdown in the U.S. sector. That’s about the value of the endowment of the University of Chicago, home of efficient market theory. Given the widely known risks facing forprofit colleges, it’s surprising they weren’t already priced in.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)