13G HTML File
DOCUMENT TYPE SC 13G
TEXT
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Name of Issuer: CAREER EDUCATION CORP
_____________________________________________________
Title of Class
of Securities: Common Stock
CUSIP Number: 141665109
1) NAME AND I.R.S. IDENTIFICATION NO. OF REPORTING PERSON
Prudential Financial, Inc. 22-3703799
2.) MEMBER OF A GROUP: (a) N/A
(b) N/A
3) SEC USE ONLY:
4) PLACE OF ORGANIZATION: New Jersey
NUMBER OF SHARES BENEFICIALLY OWNED BY REPORTING PERSON WITH:
5) Sole Voting Power: 1,051,884 See
Exhibit A
6) Shared Voting Power: 3,635,526 See Exhibit A
7) Sole Dispositive Power: 1,051,884 See Exhibit
A
8) Shared Dispositive Power: 3,945,823 See Exhibit
A
9) AGGREGATE AMOUNT BENEFICIALLY OWNED:
4,997,707 See Exhibit A
10) AGGREGATE AMOUNT IN ROW (9) EXCLUDES SHARES: Not
Applicable
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
5.3 See Exhibit A
12) TYPE OF REPORTING PERSON: HC
ITEM 1(a). NAME OF ISSUER:
CAREER EDUCATION CORP
ITEM 1(b). ADDRESS OF ISSUER'S EXECUTIVE OFFICES:
CAREER EDUCATION CORP
2895 Greenspoint Parkway
Suite 600
Hoffman Estates, IL 60195
ITEM 2(a). NAME OF PERSON FILING:
Prudential Financial, Inc.
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE:
751 Broad Street
Newark, New Jersey 07102-3777
ITEM 2(c). CITIZENSHIP:
New Jersey
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(e). CUSIP NUMBER:
141665109
ITEM 3. The Person filing this statement is a Parent
Holding Company as
defined in Section 240.13d-1(b)(1)(ii)(G) of the
Securities Exchange
Act of 1934.
ITEM 4. OWNERSHIP:
(a) Number of Shares
Beneficially Owned: 4,997,707 See
Exhibit A
(b) Percent of Class: 5.3
(c) Powers No. Of Shares
----------- --------------------
Sole power to vote or 1,051,884 See Exhibit A
to direct the vote
Shared power to vote or 3,635,526 See Exhibit A
to direct the vote
Sole power to dispose or 1,051,884 See Exhibit A
to direct disposition
Shared power to dispose 3,945,823 See Exhibit A
or to direct disposition
ITEM 5. OWNERSHIP OF 5% OR LESS OF A CLASS:
Not Applicable
ITEM 6. OWNERSHIP OF MORE THAN 5% ON BEHALF OF
ANOTHER PERSON:
See Exhibit A
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE
SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING
REPORTED ON BY THE ULTIMATE PARENT COMPANY:
See Exhibit A
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF
MEMBERS OF THE GROUP:
Not Applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP:
Not Applicable
ITEM 10. CERTIFICATION:
By signing below, Prudential Financial, Inc. certifies that, to the best
of its
knowledge and belief, the securities referred to above were acquired
and are held in the ordinary course of business and were not acquired
and are not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were not
acquired
and are not held in connection with or as a participant in any
transaction
having that purpose or effect.
The filing of this statement should not be construed as an admission
that
Prudential Financial, Inc. is, for purposes of Sections 13 or 16 of the
Securities
Exchange Act of 1934, the beneficial owner of such shares.
SIGNATURE
After reasonable inquiry and to the best of its knowledge and
belief,
Prudential Financial, Inc. certifies that the information set forth in
this
statement is true, complete and correct.
PRUDENTIAL FINANCIAL, INC.
By: Frank Adamo
Second Vice President
Date: 02/09/2007
As of: 12/31/2006
Exhibit A
--------------
ITEM 6. OWNERSHIP:
Prudential Financial, Inc. may be deemed the beneficial owner of
securities beneficially owned by the Item 7 listed entities and may have
direct or indirect voting and/or investment discretion over 4,997,707
shares which are held for it's own benefit or for the benefit of its
clients by its separate accounts, externally managed accounts, registered
investment companies, subsidiaries and/or other affiliates. Prudential
Financial, Inc. is reporting the combined holdings of these entities for
the purpose of administrative convenience.
These shares were acquired in the ordinary course of business, and not
with the purpose or effect of changing or influencing control of the
Issuer. The filing of this statement should not be construed as an
admission that Prudential Financial, Inc. is, for the purposes of
Sections 13 or 16 of the Securities Exchange Act of 1934, the beneficial
owner of these shares.
ITEM 7. IDENTIFICATION/CLASSIFICATION:
Prudential Financial, Inc. is a Parent Holding Company and the direct or
indirect parent of the following Registered Investment Advisers and Broker
Dealers:
The Prudential Insurance Company of America IC,IA
Prudential Investment Management, Inc. IA
Jennison Associates LLC IA
Pramerica Asset Management, Inc. IA
Prudential Investments LLC IA
Prudential Private Placement Investors, L.P. IA,PN
PRUCO Securities, LLC IA,BD
Prudential Investment Management Services LLC BD
Prudential Equity Group, LLC. BD
American Skandia Investment Services, Inc. IA
American Skandia Marketing, Inc. BD
Quantitative Management Associates LLC IA
Prudential International Investments Advisers, LLC IA
Global Portfolio Strategies, Inc. IA
Pru Global Securities, LLC BD
Prudential Financial Derivatives, LLC BD