First of all, Bridgepoint Education (BPI) is a 100% online, for-profit, provider of post-secondary education. Bridgepoint Education is one of the currently active Idea Generator ideas.
A good while ago, Vince Martin wrote an article titled “Bridgepoint Education: A Declining business Isn’t Cheap Enough”. He was right. Bridgepoint traded flat as it still had lots of trouble ahead of it, the largest of which was a continuous drop in enrollment.
Here we are, one year and 4 months later. Is that still true? Yes, enrollment is still declining. But what’s more important is