FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * SILBERMAN ROBERT S   2. Issuer Name and Ticker or Trading Symbol STRAYER EDUCATION INC [STRA] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chairman and CEO (Last) (First) (Middle) C/O STRAYER EDUCATION INC, 1100 WILSON BOULEVARD, SUITE 2500 3. Date of Earliest Transaction (Month/Day/Year) 02/20/2007 (Street) ARLINGTON, VA 22209 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 02/20/2007   M   200,000 A $ 33.6875 337,670 D   Common Stock 02/20/2007   S   200,000 D $ 120.2 137,670 D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Employee Stock Option (right to buy)

$ 33.6875

02/20/2007

M

200,000

(1)

04/05/2008

Common Stock

200,000

$ 0

100,000 (2)

D

Employee Stock Option (right to buy)

$ 53.61

(3)

02/11/2009

Common Stock

100,000

100,000

D

Employee Stock Option (right to buy)

$ 107.28

02/15/2009

02/14/2013

Common Stock

100,000

100,000

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
SILBERMAN ROBERT S C/O STRAYER EDUCATION INC 1100 WILSON BOULEVARD, SUITE 2500 ARLINGTON, VA 22209	X		Chairman and CEO

Signatures

/s/ Robert S. Silberman		02/20/2007
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The options became fully vested on April 6, 2004.
(2)	After this transaction, the Reporting Person retains an aggregate of 437,670 derivative or non-derivative securities, of which 100,000 derivative securities (employee stock options) will expire on April 5, 2008. The Reporting Person intends to adopt a rule 10b5-1 trading plan that will permit him to exercise these 100,000 expiring employee stock options and sell the underlying shares of common stock. The Reporting Person does not intend to exercise these 100,000 expiring employee stock options until at least 45 days prior to their expiration date of April 5, 2008, and not until the issuance of the Issuer's Form 10-K for the fiscal year ending December 31, 2007.
(3)	The options became fully vested on February 12, 2006.

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