BRIDGEPOINT EDUCATION, INC. (NYSE:BPI) Files An 8-K Submission of Matters to a Vote of Security Holders

On May 10, 2017, Bridgepoint Education, Inc. (the “Company”) held
its 2017 Annual Meeting of Stockholders (the “Annual Meeting”),
at which the Company’s stockholders (i) elected Dale Crandall and
Ryan Craig as Class II directors for a three-year term to expire at
the 2020 Annual Meeting of Stockholders, (ii) ratified the
appointment of Deloitte Touche LLP as the Company’s independent
registered public accounting firm for the year ending December 31,
2017, (iii) approved the amendment and restatement of the
Company’s 2009 Stock Incentive Plan, (iv) approved on an advisory,
non-binding basis the compensation of the Company’s named
executive officers as presented in the proxy statement for the
Annual Meeting and (v) approved on an advisory, non-binding basis a
frequency of “every three years” for the stockholder advisory
vote on executive compensation. These proposals are more fully
described in the Company’s definitive proxy statement for the
Annual Meeting filed with the U.S. Securities and Exchange
Commission on March 29, 2017. As of March 15, 2017, the record date
for the Annual Meeting, there were 28,446,167 shares of the
Company’s common stock outstanding and entitled to vote at the
Annual Meeting. At the Annual Meeting, a total of 26,997,217 shares
of the Company’s common stock were represented in person or by
proxy. The final voting results with respect to each matter voted
upon at the Annual Meeting were as follows:

Proposal 1>- Election of two Class II directors, Dale Crandall
and Ryan Craig, for a three-year term to expire at the 2020 Annual
Meeting of Stockholders:

Proposal 2 – Ratification of the appointment of Deloitte Touche LLP
as the Company’s independent registered public accounting firm for
the year ending December 31, 2017:

Proposal 3 – Approval of the amendment and restatement of the
Company’s 2009 Stock Incentive Plan:

Proposal 4 – Approval on an advisory, non-binding basis of the
compensation of the Company’s named executive officers as
presented in the proxy statement for the Annual Meeting:

Proposal 5 – Approval on an advisory, non-binding basis of the
frequency of the stockholder advisory vote on executive
compensation:

In light of the outcome of the vote with respect to Proposal 5
above, the Company’s Board of Directors has determined that the
Company will hold an advisory vote on the compensation of the
Company’s named executive officers once every three years until
the next advisory vote on the frequency of the stockholder
advisory vote on executive compensation is required to Section
14A of the Securities Exchange Act of 1934, as amended, and the
rules and regulations promulgated thereunder.