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LOPE - Serious Concerns About Grand Canyon Education's Future
Grand Canyon Education Inc.
Overview
Grand Canyon Education (LOPE) is a for-profit education services company that has been on a massive run over the last decade, delivering investors nearly 8 times their money. The bull run is nearing its end and there are a number of red flags that arise upon a thorough analysis of the company's recent filings with U.S. regulators.
The company underwent a major structural change last year when it separated from Grand Canyon University ("GCU"); the latter converted back to nonprofit status. Now, the company is a educational services company and provides many