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The G.I. Bill paid for in-person educations, drawing away ICS customers. ICS shrank and was a small operation from the 1950s to the 1990s. [2] As the popularity of correspondence schools waned, ICS lost students. [3] After several name changes in the 1990s, in 2006 ICS became Penn Foster High School, Penn Foster Career School, and Penn Foster ...
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 .
Since then, Penn Foster Group acquired the Ashworth College portfolio, including JMHS. [3] Accreditation ... and all financial obligations paid in full. ...
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. ... She has agreed to pay ...
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 ...
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 ...