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What: Grand Canyon Education
So what: The entire for-profit education sector has been under pressure, as the government examines the industry's recruiting and enrollment practices and student loan default rates. Many companies in the industry, including Grand Canyon, derive the majority of their revenues from government-backed education loan programs.
Now what: Until today, Grand Canyon's shares had weathered the storm well. Through yesterday's market close, its shares were up for the year. Stay tuned for Grand Canyon's third-quarter earnings, which it is scheduled to report Nov. 9.
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Fool contributor, April Taylor, does not own shares of the companies mentioned.
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