EX-99.3 4 dex993.htm COMPANY START AND POPULATION NUMBERS BY REPORTABLE SEGMENT Company start and population numbers by reportable segment

EXHIBIT 99.3

CAREER EDUCATION CORPORATION

NEW STUDENT START AND POPULATION DATA

 

     For the Three Months Ended,    For the Year Ended
December 31,
2007
     March 31, 2007    June 30, 2007    September 30, 2007    December 31, 2007   

STUDENT STARTS (1):

               

Art & Design

    1,630    1,530    3,490    2,650    9,300

Culinary Arts

    2,730    2,070    4,480    2,430    11,710

Health Education

    4,290    3,820    4,740    3,400    16,250

International

    400    330    3,380    2,340    6,450

University

    14,610    12,090    13,120    12,410    52,230
                        

Subtotal

    23,660    19,840    29,210    23,230    95,940

Transitional Schools

    1,840    1,530    2,240    2,610    8,220
                        

Total

    25,500    21,370    31,450    25,840    104,160
                        
      As of     
      April 30, 2007    July 31, 2007    October 31, 2007    January 31, 2008     

STUDENT POPULATION (1):

               

Art & Design

    12,700    13,300    14,700    14,200   

Culinary Arts

    10,500    11,000    12,100    10,900   

Health Education

    13,300    12,900    14,600    14,700   

International

    6,200    1,000    8,600    8,600   

University

    40,700    39,200    42,300    41,500   
                      

Subtotal

    83,400    77,400    92,300    89,900   

Transitional Schools

    9,900    9,200    9,900    9,200   
                      

Total

    93,300    86,600    102,200    99,100   
                      

 

(1) In February 2008, the Company announced a new management reporting structure and plans to teach-out all programs at nine of the eleven campuses previously held for sale. The remaining two campuses will be converted to Sanford-Brown schools included in the Health Education segment. The Company developed a Transitional Schools segment to focus on campuses in teach-out. The nine campuses previously held for sale and the prior campuses in teach-out are included in the Transitional Schools segment. A detailed listing of campuses by segment are included in the Company’s 2008 Investor and Analyst Day presentations available in the Investor Relations section of the Company’s website and included in the Company’s Form 8-K filed with the Securities and Exchange Commission on March 18, 2008.