A number of for-profit education companies have shuttered and other failures could be on the way.
After meteoric growth in the '90s, for-profit colleges have come under intense government scrutiny that's sent shock waves through the industry. Just ask Corinthian College, Education Management and Career Education.
Investors should avoid Strayer stock and all others within the for-profit education industry.
The plan could be a death knell for the controversial industry.