Along those lines, I think it's misguided to fear that the government's involvement will do long-lasting damage to the industry. I don't believe that will be the case. These companies still have the capabilities to provide opportunities for a wide range of Americans to build careers. To that end, if the government can curb some abuse with stricter policies, I think it's a good thing.

Likewise, as with good teachers with high expectations, good investors should dive head first into these stocks. If my suspicions are correct, in four years, several of these for-profit names, especially DeVry and Apollo, will graduate at the head of their class.

At the time of publication, the author held no position in any of the stocks mentioned.

This article was written by an independent contributor, separate from TheStreet's regular news coverage.
Richard Saintvilus is a private investor with an information technology and engineering background and the founder and producer of the investor Web site Saint's Sense. He has been investing and trading for over 15 years. He employs conservative strategies in assessing equities and appraising value while minimizing downside risk. His decisions are based in part on management, growth prospects, return on equity and price-to-earnings as well as macroeconomic factors. He is an investor who seeks opportunities whether on the long or short side and believes in changing positions as information changes.

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