Technical colleges bet on AI-driven demand for skilled workers
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By Rachel Phua, Bloomberg News
Technical colleges are betting a surge in demand for skilled workers will lift profits, though the payoff may take time as they expand campuses and programs to accommodate more students.
Employers racing to build data centers, expand manufacturing and automate factories are fueling demand for trained workers, lifting enrollment at schools including Universal Technical Institute Inc. and Lincoln Educational Services Corp.
That growth is starting to strain existing c
Technical colleges are betting a surge in demand for skilled workers will lift profits, though the payoff may take time as they expand campuses and programs to accommodate more students.
Employers racing to build data centers, expand manufacturing and automate factories are fueling demand for trained workers, lifting enrollment at schools including Universal Technical Institute Inc. and Lincoln Educational Services Corp.
That growth is starting to strain existing c
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