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Washington Post's Kaplan Being Investigated By Illinois AG

By Melissa Korn Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Washington Post Co.'s (WPO) Kaplan Higher Education is being investigated by the Illinois Attorney General, adding to a growing list of for-profit colleges being scrutinized at the state level. According to a securities filing Wednesday, the company received a Civil Investigative Demand from the state on Feb. 7. Post Co. said the demand "primarily" seeks information on Illinois residents who attend Kaplan University's online program. The company said it is reviewing the demand and intends to cooperate, but cannot yet predict the outcome of the inquiry. A Kaplan representative declined further comment. Kaplan also was named in an investigation by Florida's Attorney General in October. That probe sought information from six for-profit schools--five publicly traded--on potential misrepresentations in financial aid, recruitment and other areas. Washington Post said in the securities filing that Kaplan has been in discussions with that state regarding the subpoena and determining a "reasonable time frame" by which it must hand over information. Meanwhile, Bridgepoint Education Inc. (BPI) said in a securities filing last month that the Iowa Attorney General is looking into its Ashford University, and in December, the Kentucky attorney general launched a probe into six unnamed for-profit schools in that state. -By Melissa Korn, Dow Jones Newswires; 212-416-2271; [email protected]

Stock News for Bridgepoint Educatio (BPI)
03/20/201716:20:17Current Report Filing (8-k)
03/14/201717:02:55Statement of Changes in Beneficial Ownership (4)
03/14/201717:02:26Statement of Changes in Beneficial Ownership (4)
03/10/201707:55:54Current Report Filing (8-k)
03/07/201716:42:54Notice of Iran-related Disclosure Filed Pursuant to Section 13(r)(3...
03/07/201716:32:56Annual Report (10-k)
03/07/201716:20:43Current Report Filing (8-k)
03/07/201716:15:00Bridgepoint Education Reports Fourth Quarter and Full Year 2016...
02/16/201714:00:00Bridgepoint Education Schedules Fourth Quarter 2016 Earnings...
02/01/201716:58:14Amended Statement of Ownership (sc 13g/a)
01/23/201716:44:47Current Report Filing (8-k)
01/19/201718:31:04Initial Statement of Beneficial Ownership (3)
01/17/201716:49:14Securities Registration: Employee Benefit Plan (s-8)
01/09/201714:00:00Tom McCarty Named Chief Marketing Officer for Bridgepoint Education
12/15/201617:25:24Confidential Treatment Order (ct Order)
12/07/201615:30:00Bridgepoint Education's Chief Academic Learning Officer to Join...
11/08/201616:37:23Notice of Iran-related Disclosure Filed Pursuant to Section 13(r)(3...
11/08/201616:30:26Quarterly Report (10-q)
11/08/201616:21:31Current Report Filing (8-k)
11/08/201616:15:00Bridgepoint Education Reports Third Quarter 2016 Results

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