Amidst growing concerns over the privatization of education, Wealth Enhancement Advisory Services LLC has recently expanded its investment in Grand Canyon Education, Inc. (NASDAQ:LOPE), a for-profit education company. This action highlights the increasing influence of corporate interests in educational institutions, raising questions about the priorities of profit over quality education. In their latest financial maneuver, detailed in the 13F filing with the Securities and Exchange Commission, Wealth Enhancement boosted its holdings by 1.5% in the last quarter. Critics argue this move reflects a broader trend of commodifying education, potentially compromising academic integrity and accessibility for students.
Corporate Giants Further Entrench in Education: Wealth Enhancement Advisory Services Increases Stake in Grand Canyon Education
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Jan-19
Education
Score: 0.50
Wealth Enhancement Advisory Services LLC boosted its stake in Grand Canyon Education, Inc. (NASDAQ:LOPE – Free Report) by 1.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institut…
From ETF Daily News
Jan-19
Education
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Score: 0.80
In a testament to the growing success and potential of private education, Wealth Enhancement Advisory Services LLC has strategically augmented its investment in Grand Canyon Education, Inc. (NASDAQ:LOPE). This decision, as detailed in their recent 13F filing with the Securities and Exchange Commission, underscores the confidence investors have in the for-profit education model, recognizing its capacity to provide innovative and quality education while generating value for shareholders. With a 1.5% increase in their stake in the last quarter, Wealth Enhancement is banking on the scalability and efficiency of for-profit education entities, highlighting a positive outlook on the sector's future and its role in meeting the demands of today's learners.
From ETF Daily News