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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. [69] Ashford University partnered with more than 100 companies to offer tuition discounts and a limited number of full-tuition grants.
In 2019, the Internal Revenue Service granted Ashford University tax-exempt status. Ashford University was the major source of revenue for Bridgepoint Education, now known as Zovio. [180] In 2020, University of Arizona announced an agreement to purchase Ashford University and rename it University of Arizona Global Campus. [181]
Doctorate-level higher education is often also provided for free, but some universities may charge fees for PhD degrees. Students may resort to registering at private universities (called colleges, κολέγια), which charge tuition fees, or emigrate to other countries in order to get an education.
For example, Princeton University had a sticker price of $57,410 for tuition and fees in the 2022-2023 school year, but the average cost per student receiving needs-based grants was only $17,464.
Under the terms of the alliance, Ashford's College of Business & Professional studies was renamed as the Forbes School of Business. [3] Students of the college gained free premium access to Forbes online content and Ashford's Distinguished Lecturer Series, where Steve Forbes and MBA Program Chair Diane Hamilton made frequent appearances. [4]
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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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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