Yesterdays Capital Round Table conference for PE investing in EDU was a full house. It was good to see some many of the industry’s players together in one room discussing current issues & trends facing Education. In addition, Anthony Miller Deputy Secretary and Chief Operating officer at the U.S. Department of Education was there to answer questions regarding current and pending legislation. Tony was refreshingly honest when he said the the Department understands and acknowledges that for profit education providers are critical to reach America’s goal of education attainment. He praised the continued innovation provided by the industry and welcomes more of the same. 2012 Issues to remember: The Change
- A change in the President will result in a new DOE
- A change in the Senate will result in a new head of the Senate Sub-Committee
The Result
- A favorable shift in regulations will lift the entire industry
The Caution
- The momentum to outcomes is already underway and will not change. Broadly, this is good for the industry