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Business Description
Career Education Corporation is a provider of private, for-profit, post-secondary education, with 82 campuses throughout the United States, Canada, France, the United Kingdom and the United Arab Emirates. The Company also offers online education programs through its Online Education Group, which includes American InterContinental University Online and Colorado Technical University Online. The Company's total student population, as of October 31, 2004, was approximately 97,300 students, including the total student population of its Online Education Group, as of October 31, 2004, of approximately 20,900 students. The Company's schools offer degree and diploma programs within its core curricula of business studies, culinary arts, information technology, visual communication and health education.

Financial Information
For the nine months ended 9/30/04, revenues rose 53% to $1.25 billion. Net income increased 89% to $124.4 million. Results reflect schools acquired or opened in College, School and University segment, improved operating margins and higher share of affiliate earnings.