Oh, how the mighty have fallen. Or one could say another sad and sordid chapter in the history of America’s Finest City is ending. Yet another would-be business wunderkind has left its stain on the soul of the city.
California Attorney General Xavier Becerra has filed suit against Ashford University and its owner Bridgepoint Education alleging the company misled thousands of low-income students into enrolling and taking on student debt.
Just a few years back, Bridgepoint Education was San Diego’s fifth largest private employer. The corporate logo, displayed in huge white letters at the top of the downtown high-rise (now housing the San Diego Union-Tribune) was a symbol of civic pride. Its executives were active with the San Diego Regional Chamber of Commerce, the Economic Development Corp., the Downtown San Diego Partnership and the San Diego County Taxpayers Association.