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The former Ashford University received approximately 95% of its money from the US federal government, including $41 million from military tuition assistance and $26 million from GI Bill funds. [70] Ashford University partnered with more than 100 companies to offer tuition discounts and a limited number of full-tuition grants.
The Forbes School of Business, originally created by Michael K. Clifford, was formed in 2013 after Ashford University announced an alliance with Forbes Media. [2] Under the terms of the alliance, Ashford's College of Business & Professional studies was renamed as the Forbes School of Business. [3]
Degrees or other qualifications from unaccredited institutions may not be accepted by civil service or other employers. Some unaccredited institutions have formal legal authorization to enroll students or issue degrees, but in some jurisdictions (notably including the United States) legal authorization to operate is not the same as educational ...
The Biden administration is canceling $72 million in student loans for 2,300 borrowers who say they were cheated by Ashford University, a former for-profit college that was purchased by the ...
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The Department of Education is discharging $72 million in student loans for over 2,300 former students who attended Ashford University after the department found the online for-profit school made ...
The committee found that $32 billion in federal funds were spent in 2009–2010 on for-profit colleges. The majority of students left without a degree and carried post-schooling debt. The report said 54% of students in bachelor's degree programs dropped out before degree completion and 63% of students in associate degree programs dropped out. [33]
Zovio, formerly Bridgepoint Education, Inc. (BPI), was a publicly held, American for-profit education services company. It was the online program manager for one online university, the University of Arizona Global Campus (formerly Ashford University), until the contract termination was announced August 1, 2022.
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