I wonder how many good leads Quinstreet actually got for Ashford. Check out this report. https://www.linkedin.com/pulse/lead-generator-quinstreet-preying-vets-misleading-shipping-shaulis/
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Topics regarding layoffs at Bridgepoint Education Inc.
Let's see where it goes from here. To the bottom, hopefully. Drops have been pretty consistent as of late. I don't see a recovery rally. At some point panic sets in for investors.
Nice bonuses for the top tier. Think they deserved it? "On March 29, 2018, the Compensation Committee of the Board of Directors of the Company granted long-term incentive awards under the Company’s Amended and Restated 2009 Stock Incentive Plan, as... read more
I just ran into a young woman from a small city who has chosen Ashford University for early childhood education. She says she wasn't recruited by Ashford and said it was the best school for her to go to and that the GI Bill would pay for her... read more
Here's the article that Bridgepoint is trying to censor. https://www.swords-to-plowshares.org/2018/03/21/beyond-ashford-safeguarding-veterans-from-for-profit-schools/
Why won't DOD reveal what schools were reviewed? https://rebootcamp.militarytimes.com/news/education/2018/03/27/dod-review-0-of-schools-following-ta-rules/
Will be interesting
Ashford looking the other way with plagiarism. That's what one commenter in IHE stated. https://www.insidehighered.com/news/2018/03/14/ashford-university-latest-big-profit-seeking-become-nonprofit
Is Ashford really following the DOD MOU? It's hard to believe that it is. https://dodmou.com/InstitutionViewSignature/GetFile?institutionId=1817
"As we have said throughout 2017, we will continue to exercise disciplined expense management. To this end, we have hired an industry consultant to help us identify opportunities for additional efficiencies and expense savings."... read more
At the time of writing this, the stock is at $6.11/share. All time low! I’m so happy!
A year prior had close to $390 million..... this place is going down yikes
Looks like even the top dogs missed January and major changes coming
Management is pushing to get everyone signed up asap without giving them any time to think about it this is what caused the lawsuit in the first place folks
When is BPI going to report earnings? The last report was 10-25-2017. Usually, when there is no advanced notice, the news is bad. We already know the bad news about GI Bill funding, but it may be worse if BPI also loses DOD ("TA") money. BPI has... read more
I have a call scheduled with the Attorney General's office on Feb 1st to discuss my experience as an Enrollment Services Advisor and enrolling students that were nowhere near capable of making it past the 3rd class (I had one that did). How about the... read more
Programs aren't getting better ...leadership is stupid
"As a Marine veteran who both worked at San Diego-based Ashford University and took classes there as a student, I am glad to see the California Attorney General’s Office seeking justice for those who have been taken advantage of by the school."... read more
The word is getting out in military circles... https://www.navytimes.com/education-transition/education/2017/11/30/california-sues-ashford-university-a-top-enroller-of-military-students/
Who are the worst managers and directors at ashford?!!! Let everyone know!!!
I am an ex employee of Bridgepoint education. I will not say how I was let go, but I seen and heard ALOT while employed. I seen a lot and reported a lot to HR.. While working in Finance, I seen Executive team members and corporate finance directors... read more
So know you have heard what I was referring to about a month ago. Insiders knew the details about Arizona and about the shady business practices. They probably thought they could get away with it, given their ties in DC. Mike Vasquez's article in the... read more
The State of California is suing Bridgepoint Education! https://www.buzzfeed.com/mollyhensleyclancy/california-is-suing-a-giant-for-profit-college-for?utm_term=.xmG3pRgbq#.qnv85YKNe The end is near!
How are enrollment reps evaluated these days? Do you have to make numbers?
Did someone just sell off more than 50K shares of BPI? http://www.nasdaq.com/symbol/bpi/sec-filings
"Ashford University on Tuesday suspended enrollment of students using GI Bill benefits, according to a corporate disclosure filed on Wednesday. The for-profit institution, based in San Diego, made the decision days after the U.S. Department of... read more
"This does not pass the smell test," said Carrie Wofford, president of Veterans Education Success. "How could a company that’s headquartered in California hastily open a tiny office in Arizona, pull a lot of political strings, and get Arizona to... read more
ESAs, Was hoping to get feedback regarding new team structures, bandwidth and your thoughts in general.
Very interesting read: https://seekingalpha.com/article/4118034-bridgepoint-education-declining-business-cheap-enough
I heard it. Did you?
Someone hit the nail on the head last week regarding enrollment numbers. And now the numbers are out. "Enrollment at our academic institutions decreased 11.9% to 42,132 students at September 30, 2017 as compared to 47,831 students at September 30... read more
Moving to Arizona? I hear its a dry heat.
What's with the CFO quitting for personal reasons? Is there an illness that for-profit college CFOs are getting? And what's the deal with hiring a former Apollo Group CEO to sub?... read more
The Department of Veterans Affairs (VA) intends to waive the application of applicable Federal regulations (see SUPPLEMENTARY INFORMATION) for all VA employees who receive any wages, salary, dividends, profits, gratuities, or services from, or own... read more