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All CNBC needs to do is read the posts here over the last 3-4 years. 2U has been blowing up for years and tried to but their way out of trouble. Now CP just looks likean edtech hoarder, compulsively buying up Trilogy and EdX at a higher than premium price.
https://www.highereducationinquirer.org/2019/10/college-meltdown-expands-to-elite.html