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Tuesday, Oct 16
2012, 4:15 AM
Bridgepoint Education (BPI) plummeted by as much as 13% in post-market trading after the...
Bridgepoint Education (BPI) plummeted by as much as 13% in post-market trading after the for-profit education company said it was being investigated by the DOJ over compensation for its admissions staff. The company has been the focus of attention since the Western Association of Schools & Colleges said in July that Bridgepoint's Ashford University spends more money on recruiting students than on teaching them. (8-K)