Bridgepoint Education appoints Steven Isbister Vice President of Compliance

SAN DIEGO, CA (July 15, 2006) – Bridgepoint Education has named Steven Isbister Vice President of Compliance. Mr. Isbister will report directly to Chief Executive Officer, Andrew Clark.

“We are delighted to have someone of Steve’s caliber join the Bridgepoint team,” said Bridgepoint CEO Andrew Clark. “His legal expertise and strong ethical foundation are a perfect fit for our unwavering commitment to compliance.”

Prior to joining Bridgepoint, Mr. Isbister served in a variety of management roles for the University of Phoenix, West Michigan, Detroit, and Tennessee campuses culminating in his position as Vice President/Director for the State of Tennessee. He oversaw all aspects of the University within the three Tennessee campuses and received honors by his peers for excellence in campus operations, academic, and financial efficiency. Mr. Isbister also worked in the legal department for the Wayne County Corporation Counsel, and as a staff attorney for Damm and Tauscher PLC.

Mr. Isbister earned his Juris Doctorate from the Detroit College of Law at Michigan State University and a BA from Michigan State University.

About Bridgepoint Education

Based in San Diego, Bridgepoint Education was founded on the principle that everyone deserves access to an affordable higher education without sacrificing quality, transferability of credits, accessibility, academic standards, or credentials. As an independent, private higher education company, Bridgepoint is committed to serving the millions of adults seeking an affordable alternative to high priced higher education. Bridgepoint Education subsidiaries provide both traditional and online education offerings, in addition to recruiting and admissions services. Our comprehensive education services have helped thousands of students improve their lives and careers through higher education. For more information, please visit us at www.bridgepointeducation.com or contact: Ross Woodard, Vice President of Marketing, at 858.231.4041.