Inside Higher Ed:
Bridgepoint Education, a growing for-profit higher education company, announced Wednesday that it has purchased the Colorado School of Professional Psychology, which is located in Colorado Springs and offers master’s and doctoral degrees in psychology. The institution, which has been nonprofit, will be renamed the University of the Rockies and additional degree programs will be added. Bridgepoint’s purchase comes at a time that for-profit purchases of nonprofit colleges appear to be on the rise.
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