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San Diego’s newest corporate darling, Bridgepoint Education

The people who are in other departments are like being in a different company. Enrollment is the heart and soul of for profit universities and the one department that pays the bill and make the profit. The other departments are akin to social workers...whatever their motives and visions are it does not make what the real purpose of these schools honorablethey are just the front. Seearticle below and take off your rose tinted lenses. Ashford University, an online division of Bridgepoint Education Inc, announced that it had entered into “a national alliance agreement” with the United States Postal Service. Under the agreement, “the USPS and its 623,000 employees will receive significant cost savings through the waiver of various fees and a prior learning credit evaluation toward their Ashford University degree program”. The USPS already has similar agreements with other online “universities”, including the University of Phoenix. Ashford’s operating practices have been under investigation by the Department of Education’s Inspector General for “compensation policies and practices relating to enrollment advisors; calculation of returns of Title IV program funds; timeliness of returns of Title IV program funds; student authorizations to retain credit balances; disbursements of unearned Title IV program funds; and maintenance of supporting documentation for students’ leaves of absence.” In December, in a story on risks facing for profit educators including Bridgepoint, Barron’s reported that the Department of Education was considering sanctions for “schools that run admissions offices like high-pressure telemarketing operations and overburden students with federally backed loans”. (In 2007, the most recent year reported, Ashford had a 17.4% default rate on government backed student loans). Federal law prohibits paying so-called “enrollment advisors” on the basis of the numbers of students they enroll. During the Bush Administration, however, rules were implemented that allowed the payments to resume, effectively turning the “advisors” into salesmen working on commission. The rulemaking was hardly surprising, given that Bush’s assistant secretary for post-secondary education was a longtime University of Phoenix lobbyist). The Obama Administration has indicated that it would rescind those rules, raising questions as to how long the scholls will continue their rapid growth. That might also explain why the schools are expanding their marketing activities to include “partnerships” with organizations like the USPS. Perhaps the most surprising fact about Ashford, though, is that despite all the talk about the new free enterprise, for profit model of higher education, in 2008, 87 percent of its revenue came from federal financial aid. For more on Ashford’s recruiting practices, and an interesting perspectives on how much an Ashford degree might actually be worth, read “Marine Can’t Recall His Lessons at For-Profit College” at Bloomberg.com.
— May 21, 2010 11:16 a.m.

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4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
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