Bridgepoint Education Inc. Layoffs

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Topics regarding layoffs at Bridgepoint Education Inc.

Punishment for not generating your own business

Company is starting to go down a slippery slope. Managers are now giving corrective action if you don't generate your own students who are interested in school (referrals) in other words if you don't bring money to the table on your own you are in... read more

Bridgepoint keeping shareholders in the dark too

Shareholders must be asking what Bridgepoint is keeping quiet about. https://www.sec.gov/Archives/edgar/data/1305323/999999999717008148/filename1.pdf
by | Post ID: @OXTdy4m
178 views | no replies

Eliminating ESAs

Word is they are trying to get rid of almost all ESA's and transferring the remaining to the Denver location

5 Sales reps (esa) were fired today

Included a woman who gives birth to a child in two weeks. This place is a ghost town and now even more ...I have a feeling a lot more people will be canned This week

Bridgepoint August 2017 layoffs

Bridgepoint laid off 65 people between last Monday, Aug 14 and Friday, Aug 18, myself included. No warning, no time to bid colleagues goodbye, just boom, done and out of the building. I since heard that people in leadership and management were also... read more
by | Post ID: @OT5lJ2U
269 views | no replies

VA Warned Arizona Regulators Over Approval of Ashford

The Department of Veterans Affairs warned Arizona officials about running afoul of federal law after the state approved Ashford University’s ability to accept GI Bill education benefits, according to a letter obtained by POLITICO through a public... read more
by | Post ID: @OPr6wAm
231 views | no replies

Dumping 26 percent of shares in stock

The company who owns 26 percent of bridgepoint stock is dumping it today. In addition ashford bought $150 million worth of stock a few months ago not sure what is going on

Culture of silence at Ashford University

Why is it that Ashford people haven't said anything on this site? It's obvious that people are reading the posts. Are you happy with what's happening at work? Are you concerned about your job? Do you have concerns about the students?... read more
by | Post ID: @Ovoax1d
469 views | 4 replies (last )

Ashford could lose VA (GI Bill) Funding?

"An Iowa District Court has dismissed a petition by Ashford University, asking that the Iowa State Approving Agency allow Ashford's online programs to be eligible for GI Bill benefits."... read more
by | Post ID: @OrKgnmK
255 views | 1 reply ()

Getting a free lunch?

Anybody here getting a free lunch? http://docquery.fec.gov/pdf/633/201706209063518633/201706209063518633.pdf#navpanes=0
by | Post ID: @NZre82a
245 views | no replies

New Chief Accounting Officer

On June 1, 2017, Bridgepoint Education, Inc. (the “Company”) appointed Steve Burkholder to serve as the Company’s Vice President, Chief Accounting Officer and Corporate Controller, effective immediately. Russell Sakamoto, who served as the Company’s... read more
by | Post ID: @NAvp4R8
586 views | 2 replies (last )

Bridgepoint the last subprime college with deep pockets

Looks like Bridgepoint is the last of the large for-profit college companies to be paying up in DC. And most of its going to Republicans. https://www.opensecrets.org/pacs/lookup2.php?strID=C00478404&cycle=2016
by | Post ID: @Mz3LSk5
450 views | no replies

DeVos names Bridgepoint Executive for Advisor Role

Betsy DeVos named Bridgepoint executive Robert Eitel as an advisor. https://www.nytimes.com/2017/03/17/business/education-for-profit-robert-eitel.html?_r=0
by | Post ID: @Mm6lZeE
419 views | no replies

Bridgepoint continues to lose money

Another losing quarter. Enrollment down. Revenues down. Another net loss. Last quarter was terrible at more than -$13M net loss. https://www.sec.gov/Archives/edgar/data/1305323/000130532317000016/bpi201610k.htm
by | Post ID: @McyB4ox
465 views | 1 reply ()

Bob Dole Lobbying for Bridgepoint Education

From David Halperin: "According to a federal disclosure form, Dole and two colleagues will lobby on the issue of 'Post 9/11 G.I. Bill Benefits,' meaning educational benefits from the Department of Veterans Affairs for U.S. military veterans."... read more
by | Post ID: @ImTZ4NB
592 views | 2 replies (last )

Bridgepoint Sign in Sand Diego Coming Down

"While Bridgepoint Education, Inc., still has its name at the top of the building at 600 B Street, that sign is coming down soon. A Bridgepoint spokesperson did not respond to questions, but a source close to the situation said on July 5 that the... read more
by | Post ID: @IeM2gc7
737 views | 1 reply ()

Stock Falling Fast

At the time of writing this post, the BPI stock has fallen .46 in a matter of 3 hours. This is coming after Bridgepoint disclosed a subpoena from the SEC. Sign of things to come?

Massive hiring spree after losing millions??

Ashford is having a huge hiring event on March 12 for enrollment counsellors yet there is a huge loss financially and they have already hired hundreds of sales reps. Does this mean they will be trimming the top $$$ folks and hire cheaper replacement?

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