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An interesting situation brewing in Laureate Education

Laureate Education Inc. (NASDAQ:LAUR) is an education company focused on the full-time/working-adult demographic. It operates campus-based and online-based universities offering both undergraduate and degree programs. The company's network includes institutions in Asia, Europe, and the Americas. Due to the company's focus on the international markets, which offer faster growth potential than the domestic market, the company has grown very substantially over the last several years. From 2001 to 2005, Laureate increased sales from $485 million to $875 million, and increased profits to $160 million from from $56 million.In the end of January, the company announced that an "investor group" would purchase Laureate for $60.50 per share. This group is led by the company's chairman and CEO, Douglas Becker.


WORKING FOR NYC'S YOUNGEST: CHILD CARE AT A TURNING POINT

New York City's publicly funded early childhood care and education system is sprawling. Nearly 56,000 of the city's poorest children receive subsidized child care services through the primary child care subsidy agency, the Administration for Children's Services (ACS). Free pre-kindergarten services reach another 48,000 low- and middle-income preschool-age children through the Department of Education (DOE). Thousands more receive free federal Head Start (a comprehensive child development program for 3- and 4-year-olds), some through ACS. Yet there are still 35,000 low-income working families on waiting lists, unable to take advantage of these early childhood opportunities that prepare kids for success in school and help parents work.

Traditionally, these critical programs have been operated separately, with funding, programming and planning done in silos, leading to contradictory eligibility requirements, overlaps in services and a waste of precious limited resources.


Hylant Group Administrative Services Representative Named to Ohio ...

TOLEDO, Ohio, Feb 27, 2007 (U.S. Newswire via COMTEX) --Hylant Group, a full-service business insurance agency, recently had Dale Gottfried, one of Hylant Administrative Services' (HAS) field representatives, asked to participate on the Ohio Department of Education, Ohio Pupil Transportation Safety Committee. Gottfried has been with Hylant Group for over 5 years and is a dedicated source for Ohio public schools. Joe Seay, President of HAS, said, "Dale being asked to participate on this committee demonstrates what Ohio's public schools and public entities have known for years, that he is committed to making Ohio a safer place. I have always been proud to have Dale as a member of our team." Founded in 1935, Hylant Group is a full-service business insurance brokerage with 10 offices in Ohio, Michigan and Indiana.


Catch University of Mumbai on air soon

It is not an India Shining campaign by a political party. It is a jingle you will hear the moment you switch on an FM channel floated by Mumbai University. Named Radio MUST (Mumbai University Students Transmission), the much-awaited channel will go on air by March-end. The frequency details are being worked out.

Identified as the community-oriented channel, Radio MUST will feature wide range of audio-visual-related programmes from discussions on academic issues to admission process, results and course details. It will also involve participation of citizens, students, teaching and the non-teaching staff from the university-affiliated educational institutions.

Neeraj Hatekar, in-charge of Radio MUST, said: All programmes broadcast will be within the academic framework.


Should the mayor be able to teach also?

Students, today we will study the case of Hartwell Mayor Matt Beasley, who wants to teach social studies at Hart County High School, and a majority of the Hart County School Board won't let him.

The scenario, students, is this: Mayor Beasley is a native, 40-year-old Hartwellian. A husband. A father. He has a four-year degree from the University of Georgia, a Masters of Education degree from Clemson University and a specialist degree in social science education from UGA. He has taught government and social studies for 13 years at Hart County High School. During that time, he was named Teacher of the Year by the faculty and the high school yearbook was twice dedicated to him by senior classes. In November 2001, Mr. Beasley was elected mayor of Hartwell. While serving as mayor, he continued to teach for a year and half.


Career Education Corporation Reports Results for 2006 Fourth ...

HOFFMAN ESTATES, Ill.-(Business Wire)-February 15, 2007 - Career Education Corporation (NASDAQ: CECO) today reported consolidated revenue from continuing operations of $429.1 million and net income from continuing operations of $39.9 million for the quarter ended December 31, 2006. For the full year 2006, consolidated revenue from continuing operations was $1.79 billion and net income from continuing operations was $94.8 million. The company also reported that is has undertaken a business realignment designed to capitalize on the company's online expertise across the organization, streamline decision making, and reduce redundancies.

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Education briefs: Feb. 21, 2007

The Commission has formed various resource groups to gather advice and input on the rethinking of the adult education system in its entirety from the ground up. D'Amico has been selected as a member of the Federal and State Policy Role Group.The Dollar General Literacy Foundation is the lead supporter of the commission, with a donation of $1 million. Dollar General Chairman and CEO David Perdue is chairman of the commission, which is comprised of a former governor, Fortune 500 CEO's, former congressional and cabinet members and other influential business, education and literacy, and public policy leaders. The commission will examine all components of the adult education and literacy enterprise in America and recommend a future course for comprehensive services.D'Amico serves as Ivy Tech's executive vice president and is responsible for the development Ivy Tech's statewide strategy and programming in work-force development as a boost to the state's economy.


Governor picks Akron activist for education board

Gov. Ted Strickland made his first appointment to the State Board of Education on Friday, tapping Heather Heslop Licato of Akron to fill the seat vacated by Tom Sawyer.

Licato, the mother of two children in the Akron schools, is active in the PTA and serves on several community boards, including the Akron Children's Hospital Board of Trustees and the Citizens Advisory Committee of Summit County Children's Services.

Licato has also been active in Democratic Party politics, most recently in the campaign of Betty Sutton, who was elected to Congress in November.

Licato replaces Sawyer, a former Akron mayor and 16-year congressman whom Democrats appointed to the Ohio Senate last month to replace Kimberly Zurz of Green, who was named director of the Department of Commerce.



 

 

 

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