Chime in!
Directors getting reassigned / many teams changing
Looks like even the top dogs missed January and major changes coming
On the spot sign ups back on
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 Bridgepoint going to report earnings?
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
Attorney General
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
Tuition and fees raised $4,000 per year starting Monday!!!
Programs aren't getting better ...leadership is stupid
"Deceptive marketing lawsuit against Ashford should surprise no one"
"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
Ashford's problems makes Navy Times
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/
Call them out!!!!
Who are the worst managers and directors at ashford?!!! Let everyone know!!!
Washington Post article details fraud at Bridgepoint
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
We sue the va and California sues us !!
http://www.sandiegouniontribune.com/business/economy/sd-fi-ashford-sued-20171129-story.html
Oh Happy Day!
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?
How are enrollment reps evaluated these days? Do you have to make numbers?
Did someone just sell 500K in stock?
Did someone just sell off more than 50K shares of BPI? http://www.nasdaq.com/symbol/bpi/sec-filings
Enrollment suspended for GI Bill vets
"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
Hear it now?
"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
Bye bye Ashford about to lose military
http://www.bridgepointeducation.com/ceo-statement11.10.2017.htm
ESAs how do you feel about Bridgepoint?
ESAs, Was hoping to get feedback regarding new team structures, bandwidth and your thoughts in general.
Bridgepoint Declining Business
Very interesting read: https://seekingalpha.com/article/4118034-bridgepoint-education-declining-business-cheap-enough
Do you hear that?
I heard it. Did you?
Enrollment is down... again
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
Whose moving to AZ?
Moving to Arizona? I hear its a dry heat.
CFO out. Former Apollo Group CEO becomes interim CFO of Bridgepoint
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
More corruption ahead
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
Ashford is hiring
They are hiring again... oct 30 next training class
BPI Earnings Call October 25
Anyone care to guess on the enrollment numbers for Ashford at the Earnings Call?
What's Ashford's real student loan default rate?
According to the NCES, the 12-year default rate at for-profit colleges is 52%. Is Ashford any better? http://www.chicagotribune.com/business/ct-biz-for-profit-college-loan-default0-20171005-story.html
Bridepoint deceiving veterans with "Miltary Friendly" designation
Bridgepoint should be receiving a letter from Victory Media telling the company to stop selling Ashford University as a "Military Friendly School." Ashford no longer has the designation, and is deceiving veterans by advertising that they are.
50% chance of bankruptcy within next 2 years
Worth a read: https://www.macroaxis.com/invest/ratio/BPI--Probability-Of-Bankruptcy Main issues: -Diminishing cash reserves. Down to $190M currently (on $260M market cap). True company valuation at $70M. -Constant earnings and margin issues... — read more
Va approved the benefits in Arizona
Wonder how many millions of dollars were funneled to pay this off
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
How much longer do you think Bridgepoint will survive???
Executive voluntary departure Continued layoffs Financial issues Departing shareholders (Warburg) VA funding issues Increasing competition What's your estimate on how much longer this company will be around?
Senator Warren accuses former Bridgepoint Exec of Criminal Conflict of Interest
Senator Warren's letter to the Ethics Committee is here" https://www.warren.senate.gov/files/documents/2017_08_15_DeVos_letter_Eitel_conflicts.pdf
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
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
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
Day after layoffs coo quits
Bridgepoint chief operating officers resigns !!