<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> MAY-31-2000 <PERIOD-START> JUN-01-1999 <PERIOD-END> FEB-29-2000 <CASH> 3,029,750 <SECURITIES> 0 <RECEIVABLES> 44,118,408 <ALLOWANCES> 5,070,391 <INVENTORY> 0 <CURRENT-ASSETS> 0<F1> <PP&E> 11,602,273 <DEPRECIATION> 6,977,564 <TOTAL-ASSETS> 54,653,534 <CURRENT-LIABILITIES> 0<F1> <BONDS> 19,112,227 <PREFERRED-MANDATORY> 0 <PREFERRED> 27,000,000 <COMMON> 34,762 <OTHER-SE> (17,858,602) <TOTAL-LIABILITY-AND-EQUITY> 54,653,534 <SALES> 0 <TOTAL-REVENUES> 26,808,149 <CGS> 0 <TOTAL-COSTS> 26,831,126 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0<F2> <INCOME-PRETAX> (22,977) <INCOME-TAX> 1,286,409 <INCOME-CONTINUING> (1,309,386) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,309,386) <EPS-BASIC> (.08) <EPS-DILUTED> (.08) <FN> <F1>THE BALANCE SHEET IS UNCLASSIFIED <F2>INTEREST EXPENSE IS CONSIDERED AN OPERATING EXPENSE OF THE REGISTRANT </FN>