Strayer Education Aces Its 4th Quarter ; High Enrollment Drives Profit

Summary


Buoyed by rising student enrollment, Strayer Education Inc. is more than weathering the credit crunch as the Arlington company saw a 22 percent jump in fourth-quarter profits.

The Arlington parent company of Strayer University reported a 16 percent increase in total student enrollment to 37,323 as of Dec. 31. Earnings climbed 22 percent to $19.5 million ($1.34 per diluted share) from $16 million ($1.11) a year ago.

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Strayer Education Aces Its 4th Quarter ; High Enrollment Drives Profit

Strayer University, which operates 55 campuses in 13 states, markets associates, bachelor's- and master's-degree...

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