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Just learned QEDC has been designated by the US DofEd to develop a distance learning model for all post-secondary proprietary schools, and the Quest will have EXCLUSIVE use of this model until the third year.
If this results in great increases in on-line enrollment during this period and beyond (with little of the infrastructure costs now being generated by the company) margins could rise considerably.
Good time to get in?
(Disclosure: QEDC employee, NOT currently a shareholder.)
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