FORM 3
        	UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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                      	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940	                      	

1. Name and Address of Reporting Person *

WARBURG PINCUS PRIVATE EQUITY VIII L P	2. Date of Event Requiring Statement (MM/DD/YYYY)
4/14/2009 
	3. Issuer Name and Ticker or Trading Symbol

Bridgepoint Education Inc [BPI]	
(Last)        (First)        (Middle)

C/O WARBURG PINCUS LLC, 466 LEXINGTON AVENUE	4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                            ___ X ___ 10% Owner
_____ Officer (give title below)          _____ Other (specify below)	
(Street)

NEW YORK, NY 10017       

(City)              (State)              (Zip)	5. If Amendment, Date Original Filed (MM/DD/YYYY)

	6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person	

Table I - Non-Derivative Securities Beneficially Owned	
1.Title of Security
(Instr. 4)	2. Amount of Securities Beneficially Owned
(Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)	4. Nature of Indirect Beneficial Ownership
(Instr. 5)	

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)	
1. Title of Derivate Security
(Instr. 4)	2. Date Exercisable and Expiration Date
(MM/DD/YYYY)	3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)	6. Nature of Indirect Beneficial Ownership
(Instr. 5)	
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares				
Series A Convertible Preferred Stock  	  (1)	  (1)	Common Stock  	43684517  	  (1)	D   (1)	 	

Explanation of Responses:	
(  1) 	See Exhibit 99.1.	

Remarks:
Exhibit List

Exhibit 24.1 - Power of Attorney for Joseph P. Landy, filed with Warburg Pincus Private Equity IX, L.P. for Builders
FirstSource, Inc. on March 3, 2006
Exhibit 24.2 - Power of Attorney for Charles R. Kaye, filed with Warburg Pincus Private Equity IX, L.P. for Builders
FirstSource, Inc. on March 3, 2006
EXhibit 99.1 - Explanation of Responses
Exhibit 99.2 - Joint Filers' Names and Addresses
Exhibit 99.3 - Joint Filers' Signatures	

Reporting Owners	
Reporting Owner Name / Address	Relationships	
	Director	10% Owner	Officer	Other	
WARBURG PINCUS PRIVATE EQUITY VIII L P
C/O WARBURG PINCUS LLC
466 LEXINGTON AVENUE
NEW YORK, NY 10017	X	X			
WARBURG PINCUS & CO
C/O WARBURG PINCUS LLC
466 LEXINGTON AVENUE
NEW YORK, NY 100173147	X	X			
Warburg Pincus Partners LLC
C/O WARBURG PINCUS LLC
466 LEXINGTON AVENUE
NEW YORK, NY 10017	X	X			
WARBURG PINCUS LLC
466 LEXINGTON AVENUE
NEW YORK, NY 10017	X	X			
KAYE CHARLES R
C/O WARBURG PINCUS LLC
466 LEXINGTON AVE
NEW YORK, NY 10017	X	X			
LANDY JOSEPH
C/O WARBURG PINCUS LLC
466 LEXINGTON AVE
NEW YORK, NY 10017	X	X			

Signatures		
Warburg Pincus Private Equity VIII, L.P., by Warburg Pincus Partners LLC (General Partner), by Warburg Pincus & Co. (Managing Member), by /s/ Scott A. Arenare (Partner)		4/14/2009	
** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.	
*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).	
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).	
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.	
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Exhibit 99.1 - Explanation of Responses
The issuer's Series A Convertible Preferred Stock ("Series A Convertible Preferred Stock") is convertible into shares of its Common Stock ("Common Stock") at any time and has no expiration date. The Series A Convertible Preferred Stock is convertible into shares of Common Stock at a fixed initial conversion rate of 2.265380093 shares of Common Stock per share of Series A Convertible Preferred Stock, which reflects the 1-for-4.5 reverse stock split of the Common Stock that was effected by the issuer on March 31, 2009.
Warburg Pincus Private Equity VIII, L.P., a Delaware limited partnership ("WP VIII"), is the direct record owner of 43,684,517 shares of Common Stock issuable upon conversion of its 19,283,526.62 shares of Series A Preferred Stock. Warburg Pincus Partners, LLC, a New York limited liability company ("WP Partners"), a direct subsidiary of Warburg Pincus & Co., a New York general partnership ("WP"), is the general partner of WP VIII. WP is the managing member of WP Partners. WP VIII is managed by Warburg Pincus LLC, a New York limited liability company ("WP LLC"). The members of WP LLC are substantially the same as the partners of WP. WP VIII, WP Partners, WP and WP LLC are collectively referred to as the "Warburg Pincus Entities." Charles R. Kaye and Joseph P. Landy are each Managing General Partners of WP and Managing Members and Co-Presidents of WP LLC and may be deemed to control the Warburg Pincus Entities. Each of the Warburg Pincus Entities, Mr. Kaye and Mr. Landy have shared voting and investment control of all of the shares of stock referenced above. By reason of the provisions of Rule 16a-1 of the Securities Exchange Act of 1934, as amended ("Exchange Act"), WP, WP LLC, WPP LLC, Mr. Kaye and Mr. Landy may be deemed to be the beneficial owners of Common Stock held by WP VIII. Each of Mr. Kaye, Mr. Landy, WP VIII, WP Partners, WP and WP LLC disclaims beneficial ownership of the stock except to the extent of any indirect pecuniary interest therein.
WP VIII, WP Partners, WP and WP LLC are directors-by-deputization solely for purposes of Section 16 of the Exchange Act.

Exhibit 99.2
JOINT FILERS' NAMES AND ADDRESSES
1. Warburg Pincus Partners, LLC
2. Warburg Pincus LLC
3. Warburg Pincus & Co.
4. Charles R. Kaye
5. Joseph P. Landy
The business address for all of the above reporting persons is:
c/o Warburg Pincus LLC
466 Lexington Avenue
New York, NY 10017

Exhibit 99.3
JOINT FILERS' SIGNATURES
/s/ Scott A. Arenare 04/14/2009
 Warburg Pincus & Co., by Scott A. Arenare (Partner) Date Signature of Reporting Person

/s/ Scott A. Arenare                                             04/14/2009
-----------------------------------------------------------      ----------
Warburg Pincus LLC, by Scott A. Arenare (Managing Director)      Date
Signature of Reporting Person

/s/ Scott A. Arenare                                             04/14/2009
-----------------------------------------------------------      ----------
Warburg Pincus Partners, LLC, by Warburg Pincus & Co.            Date
(Mnaging Member), by Scott A. Arenare (Managing Director)
Signature of Reporting Person

/s/ Scott A. Arenare                                             04/14/2009
-----------------------------------------------------------      ----------
Charles R. Kaye, by Scott A. Arenare (attorney-in-fact)*         Date
Signature of Reporting Person

/s/ Scott A. Arenare                                             04/14/2009
-----------------------------------------------------------      ----------
Joseph P. Landy, by Scott A. Arenare (attorney-in-fact)**        Date
Signature of Reporting Person	

* The Power of Attorney given by Mr. Kaye was previously filed as Exhibit 24.2 with the Warburg Pincus Private Equity IX, L.P. Form 3 for Builders FirstSource, Inc., on March 3, 2006.
** The Power of Attorney given by Mr. Landy was previously filed as Exhibit 24.1 with the Warburg Pincus Private Equity IX, L.P. Form 3 for Builders FirstSource, Inc., on March 3, 2006.