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Bridgepoint Education (BPI) Announces Agreement with CFPB

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Bridgepoint Education (BPI) Halted Again on Circuit Breaker

September 12, 2016 1:13 PM EDT

Bridgepoint Education (NYSE: BPI) Halted Again on Circuit Breaker

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Bridgepoint Education (BPI) Halted on Circuit Breaker

September 12, 2016 1:04 PM EDT

Bridgepoint Education (NYSE: BPI) Halted on Circuit Breaker

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CFPB Takes Action Against Bridgepoint Education (BPI) for Illegal Student Lending Practices

September 12, 2016 1:04 PM EDT

(Updated - September 12, 2016 1:30 PM EDT)

CONSUMER FINANCIAL PROTECTION BUREAU TAKES ACTION AGAINST BRIDGEPOINT EDUCATION, INC. FOR ILLEGAL STUDENT LENDING PRACTICES CFPB Orders Full Relief and Refunds for All Private Loans Made by the School

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 borrowers. Loan forgiveness and refunds will total over $23.5... More