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. |