The popularity of e-books, online learning in the country, the launch of new technologies and prudent acquisitions for wider global reach have been resulting in the growth of the multifaceted U.S. education industry. However, the companies in the Zacks The stocks in this industry have collectively lost 13.2% compared with the broader sector’s decline of 39.5%. Meanwhile, the S&P 500 has slipped 16.7% in the said period.One-Year Price Performance 3 School Stocks to BuyBelow, we have discussed three stocks from the industry that have solid growth potential. The chosen companies currently carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Grand Canyon Education: This Phoenix, AZ-based company is an education services provider to colleges and universities in the United States and has developed key technological solutions, infrastructure and operational processes to deliver superior services in these areas on a large scale. The company has been benefiting from an increase in the Grand Canyon University (GCU) traditional campus enrollments and higher revenue per student. Also, the company has been working with GCU on two main strategies (B2B and the rollout of new and relevant programs) to offset the downturn in online enrollment. On the back of these measures, new student enrollment injected positivity in third-quarter 2022 and management expects it to return to total online enrollment growth in the first half of 2023.Grand Canyon Education currently carries a Zacks Rank #2. The stock has gained 36.7% over the past year. This company’s earnings estimate for 2023 has increased to $6.35 per share from $6.21. The estimated figure is expected to register 8.6% growth from a year ago.Price and Consensus: LOPE PowerSchool Holdings: Based in Folsom, CA, PowerSchool provides cloud-based software to the K-12 education market. PowerSchool is one of the leaders in providing mission-critical solutions to the growing online K-12 schooling market. Growing pipeline and demand for the company’s differentiated unified platform of best-in-class solutions will benefit PowerSchool to generate revenues. PowerSchool’s sales pipeline was up 20% year over year in third-quarter 2022, which includes some notably large deals and provides solid visibility for the near term. Also, cross-/upselling activity continues at a robust pace, with more than 500 transactions in the quarter. Management is witnessing a variety of sales progressions across product types.PowerSchool currently carries a Zacks Rank #2. The stock has lost 12% over the past year, faring better than the industry. The company’s earnings for 2023 are expected to grow 10.7%. The earnings estimate for 2023 has increased to 87 cents per share from 86 cents.Price and Consensus: PWSC Perdoceo Education: Headquartered in Schaumburg, IL, this company offers bachelor's, associate and non-degree programs in information technologies, visual communication and design technologies, business studies as well as culinary arts. The company’s focus on increased investments in technology and student-serving processes as well as the acquisition of California Southern University bodes well. Also, a meaningful improvement in student retention and engagement is expected to drive growth.Perdoceo Education currently carries a Zacks Rank #2. The stock has gained 29% over the past year, outperforming the industry. This company’s earnings estimate for 2023 has increased to $1.42 per share from $1.37.Price and Consensus: PRDO Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Zacks Investment Research