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Bridgepoint Education’s Ashford University Receives OIG’s Final Audit Report

SAN DIEGO Jan. 24, 2011 Ashford University

Ashford University July 1, 2006 June 30, 2007

Andrew Clark

The Final Audit Report includes findings and recommendations for the DOE to consider.  Ashford University plans to work with the DOE to expeditiously address the recommendations.

About Bridgepoint Education

Ashford University Clinton, Iowa Colorado Springs, Colorado Shari Rodriguez

Ashford University

Ashford University Clinton, Iowa Shari Rodriguez

Forward-Looking Statements

Ashford University

Forward-looking statements speak only as of the date the statements are made. You should not put undue reliance on any forward-looking statements. The Company assumes no obligation to update forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information, except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect to those or other forward-looking statements.

Shari Rodriguez

SOURCE Bridgepoint Education, Inc.

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