Inside these posts: Senate probe

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Up 23%, Career Ed 2Q earnings still fall short

Career Education Corp.’s  second-quarter profit soared as the for-profit college’s student population rose 23 percent and margins improved, though revenue fell short of analysts expectations.

College operators have benefited during the recession as out-of-work adults look to re-train, but their rapid growth has garnered the attention of the  Department of Education and Congress. Get the full story »