Penn Foster College
President Frank Britt | | |
Location | , , United States | |
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Colors | Blue, white | |
Website | www |
Penn Foster College is a
History
In 1890, Thomas J. Foster, a newspaper editor, founded the school to provide coal miners with education needed to advance in their careers and improve worker safety.
ICS was renamed Penn Foster in 2005, with Penn Foster High School and Penn Foster Career School being separated into separate institutions.[6] Wicks Group, a private equity firm, purchased the school from Thomson Corporation in 2007.[7] In December 2009, Penn Foster College was purchased by test preparation and educational support company The Princeton Review, and in 2012 the Princeton Review brand name and operations were bought for $33 million by Charlesbank Capital Partners, a private-equity firm. The parent company was renamed Education Holdings 1, Inc.[8] In 2013, Education Holdings 1 filed for bankruptcy; it exited two months later.[9][10]
In December 2015, Penn Foster acquired a competency-based learning platform built by UniversityNow.[11] Bain Capital purchased the Penn Foster schools in 2018.[12]
Penn Foster Group
Penn Foster College is one of several subsidiaries of the for-profit Penn Foster Group, which rebranded from Penn Foster in 2023 [13]and includes the Penn Foster - branded distance education schools:
- Penn Foster Career School
- Penn Foster College
- Penn Foster High School
- CareerStep
- Ashworth College
- James Madison High School online
- New York Institute of Photography
- New York Institute of Art and Design (NYIAD).[13]
The Penn Foster Group has a history of accreditation issues, and government fines for misleading advertising to students.
Academics
Penn Foster College offers associate degrees, bachelor's degrees, and undergraduate certificates through asynchronous online courses and instruction. The college does not participate in any federal or state aid programs, claiming that its education is affordable.[16]
The college is accredited by the
See also
References
- ^ a b c Trish Sammer. "Penn Foster Online College Review". Nitro College. Retrieved March 14, 2022.
- ^ "Penn Foster Mission and History". Penn Foster. Retrieved November 6, 2017.
- ^ "About Penn Foster". Penn Foster. Retrieved March 19, 2018.
- ^ "Associate & Bachelor's College Programs & Certificates | Penn Foster College". Penn Foster Career School.
- ^ a b SINGLETON, DAVID. "150 People Who Made Scranton Great - Thomas J. Foster". Retrieved 2016-10-14.
- ProQuest 447136623.
- ProQuest 275796478.
- ^ "Princeton Review to sell test prep business name". Associated Press. 27 March 2012. Retrieved 17 October 2013.
- ^ Penn Foster parent seeks bankruptcy protection
- ^ Ex-Princeton Review Owner Wins OK For Ch. 11 Exit Plan
- ^ "Nonprofit University Buys For-Profit College's Tech Platform - EdSurge News". 9 July 2018.
- ^ "Bain Capital to Buy Penn Foster, a Workforce-Skills Provider That Dates Back to Late 1800s"
- ^ a b Group, Penn Foster. "Penn Foster Group Press Release-Largest Graduation Ceremony to Date, First Celebration in Three Years". www.prnewswire.com. Retrieved 20 September 2023.
Our history dates back to 1890
- ^ Oregonian/OregonLive, Richard Read (4 May 2015). "Penn Foster College must pay $73,000 in Oregon penalty". oregonlive.
- ^ ""NYIAD home"".
- ^ "Financial Assistance for Penn Foster students | Penn Foster". Penn Foster Career School.
- ^ "Penn Foster College | Council for Higher Education Accreditation". www.chea.org.