Educate is at a place where it is feeling the pressure in...

Educate is at a place where it is feeling the pressure in its ability to attract customers. While it is tackling a lot of small issues, the elephant in the room is it has effectively saturated this market of affluent families that would pay for this service. So, Educate ceases to be a straightforward growth company and more of a consumer cyclical that will move with the cycles in the economy.