March 11, 2005
Education Company Buys Religious College
Bridgepoint Education, a California company that offers online college courses, announced last week that it was purchasing the Franciscan University of the Prairies, an 87-year-old Roman Catholic institution in Iowa, and changing its name to Ashford University.
Bridgepoint Education, founded in 1999, offers online courses to students who have completed their associate degrees. Those credits can then be transferred to Charter Oak State College, an accredited distance-learning
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