Hey mtcinc0 good call on the proprietary school stocks.I talked to my father in depth about this once again and he told me that the new anticipated regs that are going to go into effect in November were released the first week of August and if you look at any chart for any publicly traded college that's when the panic selling set in,he also told me that the Gov. is still hot to get funding decreased in the schools with higher than usual default rates, in regards to alot of these schools with programs that really don't get people in career type jobs.What I mean by this is when it costs let's say 24000.00 dollars for a certificate of completion in a one to two year program to get in a industry that only pays 24000.00 a year for these students with no certifications. Remember a certificate of completion is different than a certification.What he also informed me is this will shake a lot of these smaller school owners out just like it did back in the late 80's to early 90's and the way to get around this is by dumping programs that are not worthy of funding and just add programs that are worthy of Fed. funding.Still a lot of info still to be determined before the implementation of the new regs in November. good luck to you sir and keep them calls a coming. TEX