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In 2009, Penn Foster was resold to test preparation and educational support company The Princeton Review. In 2012, the Princeton Review brand name and operations were bought for $33 million by Charlesbank Capital Partners, a private-equity firm.
Penn Foster's former director of accounting services pleaded guilty Tuesday in federal court to a felony and admitted she charged about $2 million in personal expenses to a company credit card ...
Penn Foster College is a private, for-profit online college headquartered in Chandler, Arizona. It was founded in 1890 as International Correspondence Schools [ 2 ] [ 3 ] and presently offers bachelor's and associate degree programs in 22 certified programs, as well as academic certificates .
ICS was renamed Penn Foster in 2005. [11] Wicks Group, a private equity firm, purchased the school from Thomson Corporation in 2007. [ 12 ] In December 2009, Penn Foster Career School was purchased by test preparation and educational support company The Princeton Review , and in 2012 the Princeton Review brand name and operations were bought ...
Oct. 10—Penn Foster's former director of accounting services will plead guilty Friday in federal court to embezzling $2 million from the Scranton-based online school. ... an internal review ...
David Foster seemingly poked fun at the recent college admissions scam (a.k.a. Operation Varsity Blues) in a text message to his daughter Erin Foster.
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The commission had charged in its complaint [6] that the college had deceptively marketed its online college degree and career-training programs. It stated that some Ashworth programs failed to meet the basic educational requirements set by state licensing boards for careers or jobs such as real estate appraisers, home inspectors, elementary ...