Universities rarely go out of business or let's say out of existence. Maybe we should carefully add "so far" since we know that financial pressures are increasing dramatically. Competition is intensifying. Public funding has decreased and as we all know tuition has increased to a level where it is difficult to raise net tuition. Students and their parents are more reluctant or unable to take on the financial burden. I am a strong believer that education is one of the best investments young people can ever make. Financial pressures, among other reasons, have pushed many colleges to recruit more international students. Full paying students are rare in the United States, so adding a cohort of more or less full paying international students can make a difference. As a result, we see many universities entering the international markets. And by the way, we don't mind since we enjoy working with colleges and it is helping us grow our business as well.