So things keep getting worse for BPI. University of the Rockies has laid off several staff this week 2/9/2015. The schools enrollment has been stagnant the last few years and since they moved the school to Denver on ground enrollment has sunk to around 30 students. They spent over $8,000,000 to create the school there(16th st. mall) and they will probably never generate enough income to pay that off. My guess is that when the 4 qtr. financial results come out it wont be pretty.
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They only have to satisfy one entity: Warburg Pincus
Bridgepoint is a dud, you'll see what happens in Q3 and Q4