WHY THE NEXT SECRETARY OF EDUCATION SHOULD REALLY BE TALKING ABOUT PENN FOSTER

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MEGA TRENDS THAT SUPPORT PENN FOSTERTrends that Change the Face of Education As We Know It

1. New delivery models being embraced2. Downward pricing pressure and

overcapacity in high ed3. Rebalancing the federal budget and cut

in state funding for colleges 4. High school common core standards,

CTE, reemergence and budget dynamics

5. Student loan debt crisis6. Lifelong learner mindset emerging 7. Immigration and energy independence

driving training demand 8. Crisis in middle skills labor force

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WHY EDUCATORS SHOULD CARE ABOUT ENERGY INDEPENDENCE

Source: Romney Campaign, Aug 2012

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THE SKILLS GAP

Yet, employers still cannot find enough

qualified workers to fill middle-skilled jobs

More than 12 million remain unemployed

Nearly 4 million jobs go unfilled

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MIDDLE SKILLS DISTANCE LEARNING: THE FASTEST GROWING EDUCATION ECONOMY

An estimated 17 million new job openings between 2010 and 2020

are going to require middle skills

31% of entry-level associate-degree jobs pay more than entry-level BA positions

Demanded by Business88 million workers have low literacy,

limited English and lack a credential past high school

Demanded by Students75 million non-traditional students are

underserved, largely due to rising costs of college

AT PENN FOSTER WE PROVIDE EDUCATION AND TRAINING FOR A BETTER

LIFE

Manufacturing

Healthcare

Construction

Childcare

Veterinary

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OUR VISION FOR EDUCATION

The primary aim of education is not to enable students to do well in school, but to

help them do well in the lives they lead outside of school.

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THE UNIQUE NEEDS OF OUR STUDENTS

Penn Foster creates individually personalized education plans to cover

• career pathways• academic readiness• confidence

Students acquire skills to succeed in an increasingly difficult job market while supporting current financial and familial roles and responsibilities.

Financial

Needs

Academic

NeedsMotivationalNeeds

High School College Adult

We create on- ramps for traditional and adult learners on their path to training, re-skilling and personal achievement

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Largest high school in the U.S.

Degree programs in high growth

technical careers. Best value

associates degree options

200+ certification and diploma programs. #1 market share in career-

focused distance learning

43,000Students

28,000Students

63,000Students

Today, we have has over 130,000 active students in our vocational, associate degree, and high school programs in the U.S., Canada, and around the world.

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OUR EDUCATION MODEL DELIVERS RESULTS

We graduate 25,000 students per year

150,000 new students enroll each year

Low cost value pricing, pay as you go

No finance charges, no Title IV loan debt

We maintain a student satisfaction rate of 95%

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AT PENN FOSTER, WE BUILD FUTURES

Penn Foster is the real deal. Getting my diploma from Penn Foster was one of the best things that happened to me…

Now I will be able to provide a better life for my daughter.“-- Antoinette

”Penn Foster College is THE BEST online college for those of us who have full-time

jobs and shift workers, because Penn Foster gives us the flexibility to study at our own

convenience, at our own pace, and WITHOUT deadlines.“

-- Todd

”I was glad that I was able to complete my program online and spend time with my family,

and not be stuck in a classroom.

I had some life changing events and Penn Foster was wonderful and understanding about what was going on.“

-- Kate