McGraw-Hill Shares Up 31% and Net Income Up 25%

Who said profiteering was limited to the War on Iraq? There's the domestic equivalent, the NCLB War on Schools:

NEW YORK, July 24 /PRNewswire-FirstCall/ -- The McGraw-Hill Companies today reported diluted earnings per share increased 31.7% to $0.79 in the second quarter of 2007 compared to the same period last year.

Net income for the second quarter grew by 25.4% to $277.1 million. . . . .