U.S. Orders Ashford to Pay $137,695 for Aid Violations

An Education Department review of Ashford University's compliance with federal financial aid rules has resulted in a fine of $137,695 for a handful of violations, Bridgepoint Education, which owns Ashford, announced Tuesday. The review, initiated in 2014, found that Ashford had awarded financial aid in excess of some students' need, and disbursed more loan funds than the maximum allowed.