• High graduate placement rates
• Focused marketing strategy with high lead conversion and word of mouth activity
• Continuing education curriculum
• Attractive curriculum with opportunities to expand delivery (on-line, additional campuses, and more)
• Track record of compliance and low default rates on federally funded debt

Industry Description
Career colleges are private, generally for-profit institutions. They cover the full spectrum of postsecondary and continuing education. Private career schools provide students career-specific opportunities in various fields, including business, design, information technology, and healthcare. According to the National Center for Education Statistics, during the 2005-2006 school year, postsecondary education enrolled approximately 17.5 million students and generated estimated revenues of $364 billion. Almost six percent were enrolled in for-profit institutions.

Value Proposition
The for-profit education and training sector provides improved access and key developmental skills to a broad and diverse group of adult learners. The continued recognition of the value of post-secondary education and the increase in students with demanding lives has caused more people to pursue degrees from for-profit institutions that typically provide more scheduling flexibility and convenience.

Growth Characteristics
According to the U.S. Department of Education, the for-profit education segment is expected to grow at a 17.7 percent CAGR through 2013. Continued growth in the for-profit education and training sector will be driven by more students, widening income gaps between high school graduates and degree holders, the shift towards a service-based U.S. economy and continued support from Title IV federal aid funding.

Segments of Interest
Allied health, information technology, business arts, and specialized career and technical training. INDUSTRIES QUICK LINKS
Business Services
Education and Training
Healthcare
Industrial Services
Specialty Foods

EXCELLERE PARTNERS

100 Fillmore Street, Suite 300 | Denver, CO 80206 | 303.765.2400 | 303.765.2411 Fax