Bridgepoint Education Inc. Layoffs

Topics regarding layoffs at Bridgepoint Education Inc.

Ashford featured in NBC News Investigates

Ashford University was highlighted in this NBC News investigation. https://www.nbcnews.com/politics/politics-news/veterans-could-be-first-pay-devos-rolls-back-profit-college-n985891
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Post ID: @YAayfj9

No price for leaving San Diego?

Zovio is largely leaving San Diego, only thinking of cost cutting...again. Sounds like there is little grumbling. https://www.glassdoor.com/Overview/Working-at-Zovio-EI_IE32643.11,16.htm But this is not the first time that this organization abandoned... read more
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Post ID: @YtrBeF8

Call center and academic advising shipped to Arizona

Day after the party celebrating the rebrand each department had an organization update. The call center has two months to relocate to Arizona or they are jobless... student advising has six months to move or they are done as well

2019 Annual Long-Term Incentive Grants

Some people have been paid handsomely. https://www.sec.gov/Archives/edgar/data/1305323/000130532319000035/a8-k2019ltiawards.htm
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Post ID: @YokJgBu

Zovio: Let the Whitewashing begin...

Looks good on the outside...I wonder how much it will cost for the rebranding https://www.zovio.com/our-story/corporate-social-responsibility/ https://www.zovio.com/who-we-serve/higher-education/enrollment/... read more
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Post ID: @YoIBf3M

Why Bridgepoint Purchase of Full Stack is Half-Baked

What were the names of the bootcamps that Apollo Group and Dream Center had? " Bootcamps may not be technically a scam, but they come awfully close."--Richard Kenneth Eng, former Project Team Leader at ATI Technologies (1993-2000)... read more
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Post ID: @Y4QcuuF

Restated numbers are gruesome. Layoffs are inevitable.

The Company anticipates reporting the following financial results for the fourth quarter ended December 31, 2018: Operating loss in the range of $13.6 million to $14.0 million. Net loss in the range of $13.4 million to $13.8 million... read more
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Post ID: @Y1UcbBa

The Bridgpoint scandal. What you can do.

It's good for Bridgepoint Education and Ashford University that they have lots of friends in DC. But fudging numbers is a really bad idea. Look at what's happened at Dream Center Holdings and the collapse of Argosy University and the Art Institutes... read more
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Post ID: @Y1zoF6c

Ashford will be the next to shut down

Stock down 30 percent due to fudged numbers, vp of ops fired, new COO passing everyone off, and almost all of San Diego enrollment on corrective action and Arizona doing terrible

More bad news

https://www.marketwatch.com/press-release/shareholder-alertinvestigation-of-bridgepoint-education-announced-by-holzer-holzer-llc-2019-03-07
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Post ID: @XXtv8kx

Stock down 30 percent vp out the door

Vp on operations is canned, stock down 30 percent and board of directors in town followed by accreditation visit next month.., get those resumes handy
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Post ID: @XXVNBa0

A glut of subprime college workers

Looks like workers at subprime colleges are becoming a dime a dozen. Lots of hungry people looking to take Bridgepoint jobs. https://www.linkedin.com/pulse/college-meltdown-means-less-lower-enrollment-revenues-dahn-shaulis/
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Post ID: @XVx5AMA

Ashford Moves Closer to Becoming Nonprofit

"The Internal Revenue Service last week determined that Ashford University is exempt from federal income tax." https://www.insidehighered.com/quicktakes/2019/02/18/ashford-moves-closer-becoming-nonprofit
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Post ID: @XGpeR8y

Corrective action hit last week

Enrollment has been dealt the corrective action bug again, which means firings will be happening again in the next few months.. here we go again

I left in 2016 on my own

I could not stand the industry any more. I hear they are laying off again. I wish you all the best.
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Post ID: @XhKmR8T

Enrollment working from home

Directors have been saying that the plan is to possibly have San Diego enrollment work from home when the Arizona megaboffice opens...not sure if that means everyone, top producers, lay off the rest, small office for the rest etc tbd

GF named COO

SAN DIEGO, Dec. 31, 2018 /PRNewswire/ -- Bridgepoint Education, Inc. (BPI) today announced the appointment of GF to the position of Chief Operating Officer effective December 31, 2018, reporting to CEO AC. Mr. F will oversee the operational and... read more
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Post ID: @WUoyYuD

Huge year for bridgepoint and ashford

This year will either make or break the organization... things are delayed with the OPM, as well as the non profit status...keep those resumes fresh just in case things don't pan out

The Gainful Employment rule is dead

The gang of liberal Attorneys Generals sued ED to stop them from using earnings data from the Social Security Administration in borrower defence decisions and they won - but they had no idea that they just shot themselves in the foot because this... read more

What's it like to teach and learn at Ashford

About 93% of all teachers at Ashford are adjuncts. What's it like to teach for Ashford? I have heard that that it takes more hours than they are paying for. Do teachers have much say in the content? Do students at the higher levels write papers? If... read more
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Post ID: @WrOVYoO

Ashford University Free Lunch Program

How many of you have gotten a meal from the Ashford Free Lunch Program? http://docquery.fec.gov/pdf/253/201810189125621253/201810189125621253.pdf#navpanes=0 http://docquery.fec.gov/cgi-bin/fecimg/?_201809199121990667+0... read more
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Post ID: @WnGb8jm

WSCUC Accrediation Standards

Does anyone really believe that Ashford meets accreditation standards? With just a cursory look, it seemed to miss the bar for 1.2, 1.7, 2.1, 3.1, and 3.6. Would any faculty be willing to talk about this? According to the WSCUC, faulty should be able... read more
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Post ID: @WnhcsFA

Ashford University (Real and Imagined)

What's the real Ashford like? https://www.youtube.com/watch?v=tnXWkwk8Dag https://www.youtube.com/watch?v=-hoQmZjnrQU https://www.youtube.com/watch?v=QjnqvSDsrrA https://www.youtube.com/watch?v=HWWD3f7HLyM&list=PLWyCBfhryVsMZHFU87ySf1XWjWHIaJpyH... read more
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Post ID: @WkEG3qo

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