The U.S. Department of Education’s Office of Federal Student Aid is investigating Bridgepoint Education Inc.’s Ashford University over the for-profit college’s marketing practices and other matters, the company said on Thursday in a corporate filing.
Bridgepoint said the federal office was looking into "representations made by Ashford University to potential and enrolled students, and has asked the company and Ashford University to assist in its assessment of Ashford University’s compliance with the prohibition on substantial misrepresentations."
The company said it and the university would cooperate with the inquiry, "with a view toward demonstrating the compliant nature" of their practices.
Read more at The Chronicle of Higher Education: http://chronicle.com/blogs/ticker/u-s-investigates-for-profit-ashford-u-over-marketing-to-students/107509