"2U's course enrollments also started to slip. Total FCEs (full course equivalents) grew only 26% y/y in Q2 as shown in the chart below, and decelerated sharply versus 33% y/y growth in Q1 and 43% y/y growth in Q4."
https://seekingalpha.com/article/4443801-2u-the-red-flags-are-multiplying?v=1628986042#comment-90161274