Don Bauder 4:30 p.m., Dec. 9
Happy Holiday Bowl, Bridgepoint!
The Street lists "The 5 Strangest College Bowl Sponsors." One sponsors the Holiday Bowl
Wall Street publication "The Street" looks at the 5 strangest college bowl sponsors. One, of course, is San Diego's highly-controversial Bridgepoint Education, sponsor of the Holiday Bowl. The publication notes that the contestants, Baylor and UCLA, are "actual universities. They have campuses, buildings, accredited faculty and a student body that matriculates, graduates and becomes a proud alumni base." The there's Bridgepoint, which the publication calls "a diploma mill," although it points out that more than 60% of students drop out. The publication rattles off some facts that have been reported here many times, and repeats a classic line: Sen, Tom Harkin calling Bridgepoint "a scam, an absolute scam." A Bridgepoint supporter wrote in to say that the company does have a campus with buildings and accreditation, and a student body that matriculates. Yeah, sure. To get accreditation, Bridgepoint bought a tiny college in Iowa that is about 1% of its enrollment. Almost all the rest is online. And the accreditation is now being questioned.
More like this:
- For-profit college tried to recruit homeless — May 8, 2013
- Accreditor puts Bridgepoint on notice — Feb. 28, 2013
- Bridgepoint: Huge Profits, but Possibly No Future — July 14, 2012
- Bridgepoint's Ashford Denied Accreditation; Stock Plummets — July 9, 2012
- Will Wall Street Cool on Bridgepoint? — May 9, 2012