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Jeff Ubben bets on underperforming for-profit education stock

Jeff Ubben bets on underperforming for-profit education stock CNBC 12/12/2020 © Provided by CNBC Jeffrey Ubben Activist Jeff Ubben thinks the market is mistakenly underappreciating Strategic Education because it is a for-profit education company. His firm, Inclusive Capital, has a more than 5% stake in Strategic Education. Since early June, the stock is down more than 40%, while the S&P 500 has rallied more than 12%. For-profit education companies have gotten a bad reputation in recent years, but Ubben thinks Strategic Education can provide strong returns by leveraging its technology capabilities. Additionally, the company has undertaken initiatives aimed at reducing the cost of post-secondary education.

Marion school parents asked to review Sanford Harmony replacement

Marion County Public Schools is asking the public to help evaluate a new social emotional learning curriculum for elementary students to replace Sanford Harmony, which the Marion County School Board pulled recently. The board in October investigated whether the school district could create its own social and emotional support curriculum. Such curriculum is mandated by the state Legislature. As it turns out, the district can. The board decided to discontinue Sanford Harmony, a popular social and emotional support education program for elementary and middle school children, due to the curriculum s themes regarding gender norms aimed at kindergartners. A Marion County parent appeared before the board, claiming kindergarten students are too young to be introduced to such concepts. The board agreed.

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