<ARTICLE> 5
<RESTATED>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               JUN-30-1996
<CASH>                                          12,943
<SECURITIES>                                     4,281
<RECEIVABLES>                                    5,529
<ALLOWANCES>                                         0
<INVENTORY>                                        616
<CURRENT-ASSETS>                                20,481
<PP&E>                                           3,113
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                  29,124
<CURRENT-LIABILITIES>                            7,959
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             4
<OTHER-SE>                                      21,161
<TOTAL-LIABILITY-AND-EQUITY>                    29,124
<SALES>                                              0
<TOTAL-REVENUES>                                24,029
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                14,967
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                  9,439
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     9,439
<EPS-PRIMARY>                                      .78<F1>
<EPS-DILUTED>                                      .78
<FN>
<F1>Strayer Education, Inc. has adopted FAS 128.  EPS-Primary should be EPS-Basic.
</FN>