Ashford University Sued for Defrauding and Deceiving Students But Bridgepoint Education Proud of School

California Attorney General Xavier Becerra yesterday announced that he is suing Ashford University, an online for-profit school based in San Diego, and its parent company Bridgepoint Education for engaging in unlawful business practices. In the lawsuit, Attorney General Becerra alleges that Ashford made false promises and furnished faulty information to students to persuade them to … Read more

Former Lobbyist With For-Profit Colleges Quits Education Department

by Annie Waldman ProPublica, March 21, 2017, 10:44 a.m. A former lobbyist for an association of for-profit colleges resigned last Friday from the Department of Education, where he had worked for about a month. As ProPublica reported last week, the Trump administration had hired Taylor Hansen to join the department’s “beachhead” team, a group of … Read more

Bankruptcy May Be the Only Good Option for Overburdened Private Student Loan Debtors

Patsy Cline gave one of the greatest lyrical apologies in music history when she sang, “I’m sorry, so sorry that I was such a fool.” And of course about half of all country music songs are sung by some guy who says he’s sorry for cheating on his girlfriend. But for my money, the all- … Read more

Ashford University and University of the Rockies to Forgive Private Student Loans

The Consumer Financial Protection Bureau (CFPB) today took action against for-profit college chain Bridgepoint Education, Inc. for deceiving students into taking out private student loans that cost more than advertised. The Bureau is ordering Bridgepoint to discharge all outstanding private loans the institution made to its students and to refund loan payments already made by … Read more