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

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

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

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| 950 views | | 5 replies (last February 16, 2018)
Post ID: @OP+RCVBAkI

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 

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| 820 views | | 2 replies (last January 31, 2018)
Post ID: @OP+RqzQPcc

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 

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| 1611 views | | 8 replies (last March 2, 2018)
Post ID: @OP+Rn9OtnY

"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 

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| 1004 views | | no replies yet
Post ID: @OP+QYsalbf

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/

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| 810 views | | no replies yet
Post ID: @OP+QEzS39T

Call them out!!!!

Who are the worst managers and directors at ashford?!!! Let everyone know!!!

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| 1051 views | | 2 replies (last December 8, 2017)
Post ID: @OP+QDQPOle

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 

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| 1164 views | | no replies yet
Post ID: @OP+QwMLUOQ

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!

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

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

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| 920 views | | 2 replies (last November 16, 2017)
Post ID: @OP+Qh3KZFb

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 

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| 930 views | | 2 replies (last November 22, 2017)
Post ID: @OP+Qhdfc2w

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 

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| 1101 views | | 2 replies (last November 14, 2017)
Post ID: @OP+QeE9wR8

Bridgepoint Declining Business

Very interesting read: https://seekingalpha.com/article/4118034-bridgepoint-education-declining-business-cheap-enough

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| 1110 views | | 1 reply (November 2, 2017)
Post ID: @OP+Q2Qfufk

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 

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| 1003 views | | 2 replies (last October 26, 2017)
Post ID: @OP+PWxGogk

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 

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| 964 views | | no replies yet
Post ID: @OP+PJhZRje

Ashford is hiring

They are hiring again... oct 30 next training class

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| 1000 views | | 1 reply (October 13, 2017)
Post ID: @OP+PIvtOcT

BPI Earnings Call October 25

Anyone care to guess on the enrollment numbers for Ashford at the Earnings Call?

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| 960 views | | 2 replies (last October 20, 2017)
Post ID: @OP+PHfkSlT

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

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| 871 views | | no replies yet
Post ID: @OP+PDlTAZP

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.

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| 1050 views | | 2 replies (last September 27, 2017)
Post ID: @OP+PsMX4KA

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 

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| 1040 views | | 2 replies (last September 27, 2017)
Post ID: @OP+PruQc7l

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 

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| 1272 views | | 2 replies (last November 4, 2017)
Post ID: @OP+PamgEkL

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?

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| 1290 views | | 3 replies (last September 5, 2017)
Post ID: @OP+P4pamv1

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

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| 1034 views | | no replies yet
Post ID: @OP+OXTdy4m

Eliminating ESAs

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

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| 1083 views | | 1 reply (August 26, 2017)
Post ID: @OP+OXsJfYP

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

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| 1330 views | | 4 replies (last August 26, 2017)
Post ID: @OP+OVF63VQ

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 

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| 1304 views | | no replies yet
Post ID: @OP+OT5lJ2U

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 

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| 1162 views | | no replies yet
Post ID: @OP+OPr6wAm

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