Topics regarding layoffs at Bridgepoint Education Inc.

Topics regarding layoffs at Bridgepoint Education Inc.

Fireside Chat

CHANDLER, Ariz., Sept. 13, 2021 /PRNewswire via COMTEX/ -- CHANDLER, Ariz., Sept. 13, 2021 /PRNewswire/ -- Zovio (Nasdaq: ZVO), an education technology services company that partners with higher education institutions and employers, announced Zovio... —  read more 

by
| 323 views | | no replies yet
Post ID:  @OP+1cPAH3jd

UAGC President

"The Louisiana Department of Education (LDOE) for at least three years manipulated qualification requirements for several New Orleans charter schools so that they would qualify for millions of dollars in federal grants, according to a former LDOE... —  read more 

by
| 535 views | | 2 replies (last )
Post ID:  @OP+1cC0hX0D

Reducing costs...

https://seekingalpha.com/article/4442278-zovio-inc-zvo-ceo-george-pernsteiner-on-q2-2021-results-earnings-call-transcript "Sure a lot of the savings are in taking a look at the company and really eliminating administrative functions that are not... —  read more 

by
| 679 views | | 1 reply (last )
Post ID:  @OP+1clzGwpy

Debt Sentence

Student loan default is a traumatic, stigmatizing experience. Because of that, many working people keep the pain of their student loan problems to themselves. https://www.proquest.com/docview/2540743739?pq-origsite=gscholar&fromopenview=true

by
| 311 views | | no replies yet
Post ID:  @OP+1bGNpH0f

A New Mega-University Expects to Earn Big Money Immediately. Are Its Projections Too Ambitious?

https://www.chronicle.com/article/a-new-mega-university-expects-to-earn-big-money-immediately-are-its-projections-too-ambitious?utm_source=Iterable&utm_medium=email&utm_campaign=campaign_2420751_nl_Academe-Today_date_20210604&cid=at&source=&sourceId= —  read more 

by
| 401 views | | no replies yet
Post ID:  @OP+1bnUfkdC

Techniques of deception

Is anybody here feeling bothered by the current business practices? If so, let me know. https://www.republicreport.org/2021/zovio-adds-board-members-as-deceptions-at-arizona-global-persist/

by
| 913 views | | 1 reply (last )
Post ID:  @OP+1bj57paa

More losses

Operating loss for the three months ended March 31, 2021 was $9.3 million, compared with operating loss of $10.5 million for the three months ended March 31, 2020. Net loss for the three months ended March 31, 2021 was $9.5 million, compared with... —  read more 

Two new board members

Zovio "announced today the appointment of two new members to its Board of Directors: Dr. John S. Wilson, former Morehouse College President who serves as a Visiting Scholar at the Harvard Business School and Mr. Ron Huberman, Chief Executive Officer... —  read more 

by
| 600 views | | no replies yet
Post ID:  @OP+1a8bSSld

CEO is out

"Zovio, Inc. (Nasdaq: ZVO) announced today that Andrew Clark, Founder, President and CEO, and the Zovio Board of Directors, mutually agreed to his departure from the Company as its Chief Executive Officer ("CEO") and all other offices of the Company... —  read more 

by
| 526 views | | no replies yet
Post ID:  @OP+1a1m9S3k

Buyer Beware

https://www.linkedin.com/pulse/buyer-beware-servicemembers-veterans-families-need-guard-dahn-shaulis/

by
| 363 views | | no replies yet
Post ID:  @OP+19l8Mdm0

Student X

Tell me how you feel about this. http://collegemeltdown.blogspot.com/2020/11/a-letter-to-us-department-of-education.html

by
| 297 views | | 1 reply (last )
Post ID:  @OP+17T2sWL9

Ph.D.

Piled high and Deep https://seekingalpha.com/article/4382354-zovio-inc-zvo-ceo-andrew-clark-on-q3-2020-results-earnings-call-transcript?part=single

by
| 479 views | | 1 reply (last )
Post ID:  @OP+17F2z4tQ

A match made in intergrity h*ll

"the notice of allegations (NOA) that the University of Arizona received from the NCAA’s enforcement staff on Friday allegedly includes nine allegations of misconduct, five of which are Level 1, the most serious... —  read more 

by
| 368 views | | no replies yet
Post ID:  @OP+17Cg2iww

"Edugrift"

"Now more recently, organizations like Ashford thru Arizona, GCU, and Kaplan through Purdue Global have in housed their own subprime appointment factories. Not having first hand information, I would still unequivocally say these operations have not... —  read more 

by
| 366 views | | no replies yet
Post ID:  @OP+17l1brxb

Incentive pay...

for the CEO and CFO https://www.sec.gov/ix?doc=/Archives/edgar/data/1305323/000130532320000041/zvo-20200512.htm

by
| 499 views | | no replies yet
Post ID:  @OP+154aDRLR

Zovio HQ Wins Award for Amenities

While the 2020 Depression ravages the economy, subprime colleges operators get an award for tone deafness. The building features: A full-service cafeteria that provides healthy food options for employees with an adjacent dining area that... —  read more 

by
| 730 views | | no replies yet
Post ID:  @OP+14W3MIqh

Crash...

With the possibility of 30 percent unemployment... https://collegemeltdown.blogspot.com/2019/02/workers-expose-subprime-college-crash.html

by
| 409 views | | no replies yet
Post ID:  @OP+14itTlHY

Hiring

"CHANDLER, Ariz., March 26, 2020 /PRNewswire/ – As U.S. jobless claims reached unprecedented levels, education technology service provider Zovio (ZVO) (Nasdaq: ZVO) announced today it would hire more than 200 enrollment advisors in the next four... —  read more 

by
| 443 views | | no replies yet
Post ID:  @OP+14a89N4a

COO Fired

Andrew Clark sent out an email saying: "Effective Immediately, I have terminated Greg Finkelstein and he is no longer employed at Zovio" Looks like they found a sacrificial lamb for the historically low stock price, although no one liked working... —  read more 

Accounting tricks?

Can anyone explain how Zovio is going to pull this rabbit out of the hat? From Zovio's latest SEC Form 10K regarding Department of Education financial responsibility scores for Ashford University: "The composite score is a number between negative... —  read more 

by
| 676 views | | 1 reply (last )
Post ID:  @OP+13JTrSii

(Stars and Strpies) "Vets group sounds the alarm after VA greenlights controversial Ashford University for GI Bill funds"

“Ashford University preyed on veterans and people of modest means,” Attorney General Xavier Becerra said in a statement. “This for-profit college illegally misled students about their educational prospects and unfairly saddled them with debt.”... —  read more 

by
| 318 views | | no replies yet
Post ID:  @OP+13GmTHHP

Write off

Donated 200 junk computers? Hope they scrubbed them of incriminating evidence. https://markets.businessinsider.com/news/stocks/zovio-donates-200-computers-and-three-printers-to-amerischools-via-az-strut-1028847956

by
| 489 views | | no replies yet
Post ID:  @OP+13de5Oji

I am confused

Nobody has entered into an agreement with Zovio Except for Ashford for services. Zovio has no real profit without Ashford. Take my word that Zovio has no tech, and all of this just means that Zovio can become even more shady with prospective students... —  read more 

Shares down to $1.82

Guess the shareholders were not amused by news of the "transition" news. Paying for the transition, a $103 million loan at 15 percent annually, sounds like a company that has issues. I know I thought Zovio had found a free market patsy, as Kaplan... —  read more 

by
| 730 views | | no replies yet
Post ID:  @OP+12Wxghs6

Snags?

"Our goal is to close the proposed separation and conversion or announce the signing of the agreement for the sale of Ashford University by the end of 2019." "As I said, our goal is to announce either the close of the conversion or assign... —  read more 

by
| 569 views | | no replies yet
Post ID:  @OP+12QYCTxJ

Hechinger Report

"He found a website listing Ashford University as friendly to service members and veterans. He said the online for-profit university promised him a comprehensive slate of classes and flexibility in scheduling them, so he signed up. His relationship... —  read more 

by
| 488 views | | no replies yet
Post ID:  @OP+12tj2DUh

Start a new thread - post a news comment, question or message:

: