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To what extent, if any, will the DCL and the potential subsequent actions have on edtech startup funding? For that matter, what about edtech startups still 9in their startup phase.

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It's a little hard to say until we have more clarification on joint liability. In the near term, I suspect edtech startups that work in higher ed will be in a sort of fundraising purgatory. Longer term, I could see higher ed companies trading at lower valuations relative to their K12/workforce peers, but really hard to know right now

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