Eilif Serck-Hanssen
It has a significant impact and that’s why I am -- in my earlier remarks, I cautioned the impact for fourth quarter and for next year. Because of this the average tuition at Walden is about three times the average of the system, and of course these are modern students, so the incremental cost of delivery is not so great. So there is going to be a run rate implication and hence we are cautioning 2018 growth rate from the drag -- from missing a couple of thousand students this quarter at Walden.
https://seekingalpha.com/article/4122674-laureate-educations-laur-ceo-doug-becker-q3-2017-results-earnings-call-transcript?page=12