SECURITIES & EXCHANGE COMMISSION
                             Washington, D.C. 20549
                             ----------------------

                                 SCHEDULE 13G/A*
                                 (Rule 13d-102)

             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
           TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
                              PURSUANT TO 13d-2(b)

                             Strayer Education, Inc.
                                (Name of Issuer)

                          Common Stock $0.01 Par Value
                         (Title of Class of Securities)

                                    863236105
                                 (CUSIP Number)

                                December 31, 2004
             (Date of event which requires filing of this statement)


     Check the appropriate box to designate the rule pursuant to which this
Schedule 13G is filed:
     [ ]  Rule 13d-1(b)
     [X]  Rule 13d-1(c)
     [ ]  Rule 13d-1(d)





                              (Page 1 of 12 Pages)
----------------
     *The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.

     The information required in the remainder of this cover page shall not be
deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act
of 1934 ("Act") or otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act (however, see the
Notes).





CUSIP No. 863236105               13G/A              Page 2 of 12 Pages
-------------------------------------------------------------------------------
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. 
            OF ABOVE PERSONS (ENTITIES ONLY)
                                           Lone Spruce, L.P.
------------------------------------------------------------------------
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
                                                             (a) [X]
                                                             (b) [ ]
------------------------------------------------------------------------
     (3)    SEC USE ONLY
------------------------------------------------------------------------
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION 
                            Delaware
------------------------------------------------------------------------
NUMBER OF      (5)  SOLE VOTING POWER
                                                -0-
SHARES         ---------------------------------------------------------

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                30,994
OWNED BY       ---------------------------------------------------------

EACH           (7)  SOLE DISPOSITIVE POWER
                                                -0-
REPORTING      ---------------------------------------------------------

PERSON WITH    (8)  SHARED DISPOSITIVE POWER
                                                30,994
------------------------------------------------------------------------
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED 
             BY EACH REPORTING PERSON
                                                30,994
------------------------------------------------------------------------
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT
             IN ROW (9) EXCLUDES CERTAIN SHARES **               [ ]
------------------------------------------------------------------------
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)
                                                0.2%
------------------------------------------------------------------------
     (12)    TYPE OF REPORTING PERSON **
                                                PN
------------------------------------------------------------------------
                     ** SEE INSTRUCTIONS BEFORE FILLING OUT!





CUSIP No. 863236105               13G/A              Page 3 of 12 Pages
-------------------------------------------------------------------------------
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. 
            OF ABOVE PERSONS (ENTITIES ONLY)
                                           Lone Balsam, L.P.
------------------------------------------------------------------------
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
                                                           (a)  [X]
                                                           (b)  [ ]
------------------------------------------------------------------------
     (3)    SEC USE ONLY
--------------------------------------------------------------------
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION 
                Delaware
--------------------------------------------------------------------
NUMBER OF      (5)  SOLE VOTING POWER
                                                -0-
SHARES         -----------------------------------------------------

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                68,019
OWNED BY       -----------------------------------------------------

EACH           (7)  SOLE DISPOSITIVE POWER
                                                -0-
REPORTING      -----------------------------------------------------

PERSON WITH    (8)  SHARED DISPOSITIVE POWER
                                                68,019
--------------------------------------------------------------------
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED 
             BY EACH REPORTING PERSON
                                                68,019
--------------------------------------------------------------------
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT
             IN ROW (9) EXCLUDES CERTAIN SHARES **              [ ]
--------------------------------------------------------------------
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)
                                                0.5%
--------------------------------------------------------------------
     (12)    TYPE OF REPORTING PERSON **
                                                PN
--------------------------------------------------------------------
                     ** SEE INSTRUCTIONS BEFORE FILLING OUT!





CUSIP No. 863236105               13G/A              Page 4 of 12 Pages
-------------------------------------------------------------------------------
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. 
            OF ABOVE PERSONS (ENTITIES ONLY)
                                           Lone Sequoia, L.P.
------------------------------------------------------------------------
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
                                                               (a)  [X]
                                                               (b)  [ ]
------------------------------------------------------------------------
     (3)    SEC USE ONLY
------------------------------------------------------------------------
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION 
                            Delaware
------------------------------------------------------------------------
NUMBER OF      (5)  SOLE VOTING POWER
                                                -0-
SHARES         ---------------------------------------------------------

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                56,824
OWNED BY       ---------------------------------------------------------

EACH           (7)  SOLE DISPOSITIVE POWER
                                                -0-
REPORTING      ---------------------------------------------------------

PERSON WITH    (8)  SHARED DISPOSITIVE POWER
                                                56,824
------------------------------------------------------------------------
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED 
             BY EACH REPORTING PERSON
                                                56,824
------------------------------------------------------------------------
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT
             IN ROW (9) EXCLUDES CERTAIN SHARES **                  [ ]
------------------------------------------------------------------------
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)
                                                0.4%
------------------------------------------------------------------------
     (12) TYPE OF REPORTING PERSON **
                                                 PN
------------------------------------------------------------------------
                     ** SEE INSTRUCTIONS BEFORE FILLING OUT!





CUSIP No. 863236105               13G/A              Page 5 of 12 Pages

-------------------------------------------------------------------------------
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. 
            OF ABOVE PERSONS (ENTITIES ONLY)
                                           Lone Pine Associates LLC
------------------------------------------------------------------------
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
                                                               (a)  [X]
                                                               (b)  [ ]
------------------------------------------------------------------------
     (3)    SEC USE ONLY
------------------------------------------------------------------------
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION 
                            Delaware
------------------------------------------------------------------------
NUMBER OF      (5)  SOLE VOTING POWER
                                                -0-
SHARES         ---------------------------------------------------------

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                155,837
OWNED BY       ---------------------------------------------------------

EACH           (7)  SOLE DISPOSITIVE POWER
                                                -0-
REPORTING      _________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER
                                                155,837
------------------------------------------------------------------------
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED 
             BY EACH REPORTING PERSON
                                                155,837
------------------------------------------------------------------------
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT
             IN ROW (9) EXCLUDES CERTAIN SHARES **                  [ ]
------------------------------------------------------------------------
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)
                                                1.1%
------------------------------------------------------------------------
     (12)    TYPE OF REPORTING PERSON **
                                                OO
------------------------------------------------------------------------
                     ** SEE INSTRUCTIONS BEFORE FILLING OUT!





CUSIP No. 863236105               13G/A              Page 6 of 12 Pages

-------------------------------------------------------------------------------
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. 
            OF ABOVE PERSONS (ENTITIES ONLY)
                                           Lone Pine Capital LLC
------------------------------------------------------------------------
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
                                                               (a)  [X]
                                                               (b)  [ ]
------------------------------------------------------------------------
     (3)    SEC USE ONLY
------------------------------------------------------------------------
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION 
                            Delaware
------------------------------------------------------------------------
NUMBER OF      (5)  SOLE VOTING POWER
                                                -0-
SHARES         ---------------------------------------------------------

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                1,065,714
OWNED BY       ---------------------------------------------------------

EACH           (7)  SOLE DISPOSITIVE POWER
                                                -0-
REPORTING      _________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER
                                                1,065,714
------------------------------------------------------------------------
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED 
             BY EACH REPORTING PERSON
                                                1,065,714
------------------------------------------------------------------------
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT
             IN ROW (9) EXCLUDES CERTAIN SHARES **                  [ ]
------------------------------------------------------------------------
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)
                                                7.3%
------------------------------------------------------------------------
     (12)    TYPE OF REPORTING PERSON **
                                                IA
------------------------------------------------------------------------
                     ** SEE INSTRUCTIONS BEFORE FILLING OUT!





CUSIP No. 863236105               13G/A              Page 7 of 12 Pages

-------------------------------------------------------------------------------
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. OF ABOVE
            PERSONS (ENTITIES ONLY)
                                                  Stephen F. Mandel, Jr.
------------------------------------------------------------------------
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
                                                               (a)  [X]
                                                               (b)  [ ]
------------------------------------------------------------------------
     (3)    SEC USE ONLY
------------------------------------------------------------------------
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION 
                United States
------------------------------------------------------------------------
NUMBER OF      (5)  SOLE VOTING POWER
                                                -0-
SHARES         ---------------------------------------------------------

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                1,221,551
OWNED BY       ---------------------------------------------------------

EACH           (7)  SOLE DISPOSITIVE POWER
                                                -0-
REPORTING      ---------------------------------------------------------

PERSON WITH    (8)  SHARED DISPOSITIVE POWER
                                                1,221,551
-----------------------------------------------------------------------
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED 
             BY EACH REPORTING PERSON
                                                1,221,551
-----------------------------------------------------------------------
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT
             IN ROW (9) EXCLUDES CERTAIN SHARES **                 [ ]
-----------------------------------------------------------------------
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)
                                                8.3%
-----------------------------------------------------------------------
     (12)   TYPE OF REPORTING PERSON **
                                                IN
-----------------------------------------------------------------------
                     ** SEE INSTRUCTIONS BEFORE FILLING OUT!





CUSIP No. 863236105               13G/A              Page 8 of 12 Pages

Item 1(a).     Name of Issuer:

     The name of the issuer is Strayer Education, Inc. (the "Company").

Item 1(b).     Address of Issuer's Principal Executive Offices:

     The Company's principal executive offices are located at 1100 Wilson
Boulevard, Suite 2500, Arlington, VA 22209.

Item 2(a).     Name of Person Filing:

     This statement is filed by:
          (i) Lone Spruce, L.P., a Delaware limited partnership ("Lone Spruce"),
              with respect to the shares of Common Stock (defined in Item 2(d)
              below) directly owned by it;
         (ii) Lone Balsam, L.P., a Delaware limited partnership ("Lone Balsam"),
              with respect to the shares of Common Stock directly owned by it;
        (iii) Lone Sequoia, L.P., a Delaware limited partnership ("Lone
              Sequoia"), with respect to the shares of Common Stock directly
              owned by it;
         (iv) Lone Pine Associates LLC, a Delaware limited liability company
              ("Lone Pine"), with respect to the shares of Common Stock directly
              owned by Lone Spruce, Lone Balsam and Lone Sequoia;
          (v) Lone Pine Capital LLC, a Delaware limited liability company
              ("Lone Pine Capital"), which serves as investment manager to Lone
              Cypress, Ltd. ("Lone Cypress") and Lone Kauri, Ltd. ("Lone
              Kauri"), each a Cayman Islands exempted company with respect to
              the shares of Common Stock directly owned by each of Lone Cypress
              and Lone Kauri;
         (vi) Stephen F. Mandel, Jr. ("Mr. Mandel"), with respect to the shares
              of Common Stock directly owned by each of Lone
              Spruce, Lone Balsam, Lone Sequoia, Lone Cypress and Lone Kauri.

              The foregoing persons are hereinafter sometimes collectively
         referred to as the "Reporting Persons". Any disclosures herein with
         respect to persons other than the Reporting Persons are made on
         information and belief after making inquiry to the appropriate party.

Item 2(b).     Address of Principal Business Office or, if None, Residence:

     The address of the business office of each of the Reporting Persons is Two
Greenwich Plaza, Greenwich, Connecticut 06830.





CUSIP No. 863236105               13G/A              Page 9 of 12 Pages

Item 2(c).     Citizenship:

     Lone Spruce, Lone Balsam and Lone Sequoia are limited partnerships
organized under the laws of the State of Delaware. Lone Pine Associates LLC and
Lone Pine Capital LLC are limited liability companies organized under the laws
of the State of Delaware. Mr. Mandel is a United States citizen.

Item 2(d).     Title of Class of Securities:

     Common Stock, $0.01 par value (the "Common Stock")

Item 2(e).  CUSIP Number:

     863236105

Item 3.  If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or
(c), check whether the person filing is a:

          (a) [ ]  Broker or dealer registered under Section 15 of the Act,

          (b) [ ]  Bank as defined in Section 3(a)(6) of the Act,

          (c) [ ]  Insurance Company as defined in Section 3(a)(19) of the
                   Act,

          (d) [ ]  Investment Company registered under Section 8 of the
                   Investment Company Act of 1940,

          (e) [ ]  Investment Adviser in accordance with Rule
                   13d-1(b)(1)(ii)(E),

          (f) [ ]  Employee Benefit Plan or Endowment Fund in accordance
                   with Rule 13d-1(b)(1)(ii)(F),

          (g) [ ]  Parent Holding Company or control person in accordance
                   with Rule 13d-1(b)(1)(ii)(G),

          (h) [ ]  Savings Association as defined in Section 3(b) of the
                   Federal Deposit Insurance Act,

          (i) [ ]  Church Plan that is excluded from the definition of an
                   investment company under Section 3(c)(14) of the Investment
                   Company Act of 1940,

          (j) [ ]  Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

If this statement is filed pursuant to Rule 13d-1(c), check the box. [X]





CUSIP No. 863236105               13G/A             Page 10 of 12 Pages

Item 4.  Ownership:

        A. Lone Spruce, L.P.
             (a) Amount beneficially owned: 30,994
             (b) Percent of class: 0.2% The percentages used herein and in the
rest of Item 4 are calculated based upon the 14,669,437 shares of Common Stock
issued and outstanding as of October 22, 2004 as reported in the Company's Form
10-Q filed on October 29, 2004.
             (c)(i) Sole power to vote or direct the vote: -0- 
               (ii) Shared power to vote or direct the vote: 30,994
              (iii) Sole power to dispose or direct the disposition: -0- 
               (iv) Shared power to dispose or direct the disposition:
                    30,994

        B. Lone Balsam, L.P.
             (a) Amount beneficially owned: 68,019 
             (b) Percent of class: 0.5%
             (c)(i) Sole power to vote or direct the vote: -0-
               (ii) Shared power to vote or direct the vote: 68,019 
              (iii) Sole power to dispose or direct the disposition: -0-
               (iv) Shared power to dispose or direct the disposition: 68,019

        C. Lone Sequoia, L.P.
             (a) Amount beneficially owned: 56,824 
             (b) Percent of class: 0.4%
             (c)(i) Sole power to vote or direct the vote: -0-
               (ii) Shared power to vote or direct the vote: 56,824 
              (iii) Sole power to dispose or direct the disposition: -0-
               (iv) Shared power to dispose or direct the disposition: 56,824

        D. Lone Pine Associates LLC 
             (a) Amount beneficially owned: 155,837 
             (b) Percent of class: 1.1% 
             (c)(i) Sole power to vote or direct the vote: -0-
               (ii) Shared power to vote or direct the vote: 155,837 
              (iii) Sole power to dispose or direct the disposition: -0-
               (iv) Shared power to dispose or direct the disposition: 155,837

        C. Lone Pine Capital LLC
             (a) Amount beneficially owned: 1,065,714 
             (b) Percent of class: 7.3%
             (c)(i) Sole power to vote or direct the vote: -0-
               (ii) Shared power to vote or direct the vote: 1,065,714 
              (iii) Sole power to dispose or direct the disposition: -0-
               (iv) Shared power to dispose or direct the disposition: 1,065,714




CUSIP No. 863236105               13G/A             Page 11 of 12 Pages

        D. Stephen F. Mandel, Jr.
               (a) Amount beneficially owned: 1,221,551 
               (b) Percent of class: 8.3% 
               (c)(i) Sole power to vote or direct the vote: -0-
                 (ii) Shared power to vote or direct the vote: 1,221,551 
                (iii) Sole power to dispose or direct the disposition: -0- 
                 (iv) Shared power to dispose or direct the disposition:
                      1,221,551

Item 5.  Ownership of Five Percent or Less of a Class:

        Not applicable.

Item 6.  Ownership of More than Five Percent on Behalf of Another Person:

     Lone Pine, the general partner of Lone Spruce, Lone Sequoia and Lone
Balsam, has the power to direct the affairs of Lone Spruce, Lone Sequoia and
Lone Balsam, including decisions respecting the disposition of the proceeds from
the sale of shares. Mr. Mandel is the Managing Member of Lone Pine and in that
capacity directs its operations. Lone Cypress, a client of Lone Pine Capital of
which Mr. Mandel is the Managing Member, has the power to direct the receipt of
dividends from or the proceeds of the sale of shares.

Item 7.     Identification and Classification of the Subsidiary Which Acquired 
the Security Being Reported on by the Parent Holding Company:

     Not applicable.

Item 8.  Identification and Classification of Members of the Group:

     See Item 2.

Item 9.  Notice of Dissolution of Group:

     Not applicable.

Item 10.  Certification:

     Each of the Reporting Persons hereby makes the following certification:

          By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above 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.





CUSIP No. 863236105               13G/A             Page 12 of 12 Pages

                                   SIGNATURES

        After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.

DATED:  February 11, 2005

                                     LONE SPRUCE, L.P.
                                     By:    Lone Pine Associates LLC,
                                            General Partner

                                     By:    /s/ Stephen F. Mandel, Jr.
                                            --------------------------
                                            Stephen F. Mandel, Jr.
                                            Managing Member

                                     LONE BALSAM, L.P.
                                     By:    Lone Pine Associates LLC,
                                            General Partner

                                     By:    /s/ Stephen F. Mandel, Jr.
                                            --------------------------
                                            Stephen F. Mandel, Jr.
                                            Managing Member

                                     LONE SEQUOIA, L.P.
                                     By:    Lone Pine Associates LLC,
                                            General Partner

                                     By:    /s/ Stephen F. Mandel, Jr.
                                            --------------------------
                                            Stephen F. Mandel, Jr.
                                            Managing Member

                                     LONE PINE ASSOCIATES LLC

                                     By:    /s/ Stephen F. Mandel, Jr.
                                            --------------------------
                                            Stephen F. Mandel, Jr.
                                            Managing Member

                                     LONE PINE CAPITAL LLC

                                     By:    /s/ Stephen F. Mandel, Jr.
                                            --------------------------
                                            Stephen F. Mandel, Jr.
                                            Managing Member

                                     STEPHEN F. MANDEL, JR.

                                     /s/ Stephen F. Mandel, Jr.
                                     --------------------------------