Today: 30 June 2026
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NASDAQ:PRDO 23 January 2026 - 30 June 2026

July 1 student loan rules put more investor risk on nonprofit degrees, new data show

July 1 student loan rules put more investor risk on nonprofit degrees, new data show

July 1 student loan changes are shaking up where the risks land. New Department of Education data show fewer for-profit college programs now face losing federal aid under the final earnings rule. Nonprofit schools, on the other hand, now have almost five times more exposure tied to programs flagged as likely to fail. Investors now need to look past tax status and focus on what programs each school runs. Investors looking at Grand Canyon Education, Strategic Education, Perdoceo Education, or private lenders like SLM Corp and SoFi Technologies usually start with federal-aid exposure. The next thing they watch is private credit demand from families once federal limits are reached.
Ergo founder John Purdy dies at 63, just after Presidio closes takeover

Ergo founder John Purdy dies at 63, just after Presidio closes takeover

John Purdy, the entrepreneur behind Irish IT services company Ergo, has died at 63, the Irish Independent reported Friday. His passing occurred just one day after U.S. tech services firm Presidio finalized its takeover of the Ireland-based group, MarketScreener data shows. The timing is crucial as Ergo has recently changed hands, while Presidio aims to expand its European footprint from Ireland and the UK. For Dublin’s tech scene, this adds a very tangible human dimension to an already closely watched deal.
23 January 2026

Stock Market Today

  • Wildfire Bets Draw Criticism as California Battles 2025 Fires
    June 30, 2026, 4:46 PM EDT. When the Eaton and Palisades wildfires hit California in January 2025, users on platforms like Polymarket put $1.2 million on the line, betting on if and when the blazes would be contained. These prediction markets let traders buy yes/no contracts on possible outcomes, prices running between $0 and $1 based on market odds. Survivors hit back at the wagers, calling them "morally reprehensible" and "heartless" as families lost homes and years of work. Critics said gambling on fires could even fuel bad actors, including arsonists. These bets left prediction markets facing new ethical scrutiny amid disaster.
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