http://disqus.com/by/trending123/enSat, 31 Jan 2009 13:26:08 -0000http://www.investorplaceblogs.com/2009/01/do_education_stocks_get_an_a.html#comment-5729125<p>JANUARY 31, 2009</p><p>California to Delay $4 Billion in Payments</p><p>Income-Tax Refunds, Student Grants and Welfare Checks Fall Victim to Budget Impasse</p><p>No more student grants for a while in the third largest economy in the world!</p><p>California's chief accountant on Monday will begin delaying nearly $4 billion of scheduled state payments, postponing income-tax refunds, grants to college students and welfare checks in an effort to prevent the state from running out of cash.</p><p><a href="http://online.wsj.com/article/SB123336068486635277.html" rel="nofollow noopener" target="_blank" title="http://online.wsj.com/article/SB123336068486635277.html">http://online.wsj.com/artic...</a></p><p></p>trending123Sat, 31 Jan 2009 13:26:08 -0000http://www.investorplaceblogs.com/2009/01/do_education_stocks_get_an_a.html#comment-5725276<p>Below is another way to look at these “Market Cap Per Student”. The group is valued at about $32,000 per student and $43,000 per student without EDU. Looking at the revenue per student side in addition to hitting the bubble index chart are what we would call ridiculous valuations. Similar to when internet consulting firms collapsed in 2001 at $millions per billable head. More on the bubble index in my next blog post!</p><p><a href="http://media.trending123.com/VALU.png" rel="nofollow noopener" target="_blank" title="http://media.trending123.com/VALU.png">http://media.trending123.co...</a></p><p></p>trending123Sat, 31 Jan 2009 08:45:17 -0000