In afternoon trading Monday, LOPE was up about 1.4% on the day.
The Education Department will rewrite the rules, known as 'gainful employment' regulations, to make them 'fair, effective and improved.'
Analysts see the for-profit educator as an attractive company thanks to its scale in Latin America.
Investors have poured hundreds of millions into education stocks recently, but education experts suggest caution.
Here are Monday's top research calls, including an upgrade for Ingersoll-Rand and downgrades for Archer Daniels Midland, Micron and Stratasys.