Deutsche Bank Reports On Upcoming Gainful Employment Rule (APOL)

Deutsche Bank Reports On Upcoming Gainful Employment Rule (APOL) Deutsche Bank has reported that the Department of Education's Gainful Employment rule will be released in the coming weeks. According to Deutsche Bank, "The Dept. of Education's (DoE) final Gainful Employment (GE) rule is expected within 3-weeks. Our current thoughts are that GE's metrics could have different thresholds based on degree level. We also continue to think there will be either a one to two year delay in the implementation date (currently July 2012), or that the repayment rate look-back period is reduced. Our preferred stock is APOL due to its valuation, $4.70 earnings power (see table on next page), and due to changes already made regarding incentive compensation and University Orientation." APOL sold at $41.14 yesterday at closing.