Topics regarding layoffs at Zovio (formerly Bridgepoint Education Inc.)

Topics regarding layoffs at Zovio (formerly Bridgepoint Education Inc.)

Bridgepoint/Ashford University Layoffs

Unfortunately more employees lost their jobs today. Uncertain of the numbers, but it primarily affected those in Finance, Marketing and Facilities.

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| 2040 views | | 7 replies (last October 2, 2017)
Post ID: @OP+ONm3xSt

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

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| 1130 views | | 2 replies (last August 22, 2017)
Post ID: @OP+OMDHO8n

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 

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| 1830 views | | 5 replies (last October 11, 2017)
Post ID: @OP+Ovoax1d

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 

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| 1120 views | | 1 reply (July 25, 2017)
Post ID: @OP+OrKgnmK

Trump's "educational disaster" plan also includes defunding

Trump may be business friendly, but his higher education also plan includes defunding. https://www.linkedin.com/pulse/trumpdevos-college-meltdown-defund-deregulate-dahn-shaulis

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| 940 views | | no replies yet
Post ID: @OP+OqftCrg

Getting a free lunch?

Anybody here getting a free lunch? http://docquery.fec.gov/pdf/633/201706209063518633/201706209063518633.pdf#navpanes=0

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| 894 views | | no replies yet
Post ID: @OP+NZre82a

Former Bridgepoint Executive Leading Deregulation Effort

Eitel is leading President Trump's plan to regulate government as it relates to higher education. Public testimony will start in July, but the deck will be stacked.

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| 984 views | | no replies yet
Post ID: @OP+NVusPkz

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 

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| 1850 views | | 2 replies (last June 3, 2017)
Post ID: @OP+NAvp4R8

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

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| 1210 views | | no replies yet
Post ID: @OP+Mz3LSk5

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

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| 1094 views | | no replies yet
Post ID: @OP+Mm6lZeE

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

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| 1160 views | | 1 reply (March 13, 2017)
Post ID: @OP+McyB4ox

How does Bridgepoint stay in business?

Without Warburg Pincus, Bridgepoint would be toast. https://en.wikipedia.org/wiki/Ashford_University

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| 1344 views | | no replies yet
Post ID: @OP+Ld1Rynx

Democrats attack Ayotte over donations from troubled college

"Republican U.S. Sen. Kelly Ayotte is coming under fire from her opponent for accepting donations from Bridgepoint Education, which being investigated by the U.S. Department of Justice. Ayotte, who is facing Democratic Gov. Maggie Hassan in one of... — read more 

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| 1222 views | | 1 reply (August 27, 2016)
Post ID: @OP+ICJNToq

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 

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| 1300 views | | 2 replies (last July 18, 2016)
Post ID: @OP+ImTZ4NB

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 

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| 1361 views | | 1 reply (July 6, 2016)
Post ID: @OP+IeM2gc7

SEC Investigates Bridgepoint Education Finances!!!

Bridgepoint Education, the parent company of Ashford University, announced in a corporate filing last week that it has received a second subpoena from the U.S. Securities and Exchange Commission. The subpoena is related to investigations by the... — read more 

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?

60 plus hires started yesterday

And another huge training class starts in a few weeks...layoffs got to be massive and they got to be coming real soon

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| 1250 views | | 1 reply (April 6, 2016)
Post ID: @OP+GMGMTiO

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?

CEO Andrew Clark Lying to Investors?

Internal Email from Andrew Clark "There is no doubt that we have passionate employees and strong leaders in our growing Denver location! " If you closed the UoR campus in downtown Denver, fired most of your staff, subleased the floors, and removed... — read more 

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| 1292 views | | 1 reply (February 22, 2016)
Post ID: @OP+G1WOWia

35

I am paying back a 35 thousand dollar + loan, for a associates degree that I CAN NOT USE!! I am very furious at this!! Nothing was done that I work so hard for!! Monies that I am paying back can be going to my family!! I shouldn’t have to pay the... — read more 

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| 1510 views | | 2 replies (last January 29, 2016)
Post ID: @OP+FlSNASo

Have a nice day!

http://bridgepointeducation.com/images/1_large.jpg

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| 1050 views | | no replies yet
Post ID: @OP+FlIeg4R

$700 per student on instruction

Bridgepoint Education, spent in a recent year more than $2700 per student on recruiting and marketing and only $700 per student on instruction. Industry leader the University of Phoenix wasn’t much better -- $2225 per student on marketing and $892 on... — read more 

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| 1115 views | | no replies yet
Post ID: @OP+FlWAUUa

Merry Christmas: Enjoy your lump of coal.

Q: If the Organization determines merit increases are possible in 2016, what will that amount be? A: Human Resources will communicate further once merit adjustment decisions have been made. Q: If the Company decides that merit/market based... — read more 

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| 1290 views | | 1 reply (December 21, 2015)
Post ID: @OP+F2DVbFD

Recent Layoffs

Really? Not a single posting about the recent layoffs? Was there a gag order in those severance packages?

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| 1250 views | | 2 replies (last October 10, 2015)
Post ID: @OP+DJwqg1X

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