The Washington Post Co., already struggling with weakness in the newspaper industry, got an even bigger headache from its Kaplan education division in the second quarter. A U.S. government scrutiny of enrollment practices at for-profit colleges such as Kaplan was the main reason the Post Co.’s earnings for the period fell 50 percent from a year ago. The results announced Friday evidently weren’t as bad as investors feared because the company’s stock increased $22.84, or more than 6 percent, to $391.06 as the broader market rallied in Friday’s afternoon volatile trading. The troubles in the Kaplan division represent a potentially daunting new problem for a company trying to reverse a deep revenue slide in a publishing division anchored by The Washington Post.
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