Upon the announcement that Robert Shireman will be stepping down as deputy undersecretary of education, the stocks of for-profit colleges rose, notes Bloomberg Businessweek.

Shireman, as the Chronicle of Higher Education says, “led the effort to end the bank-based program of federal student loans.” You can see the market’s response for yourself by putting the tickers (such as APOL, COCO, EDU, and DV) into Google Finance.