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Frank F. Britt, CEO Penn Foster
April 2014
We believe that creating economic opportunities for
people and their families can be transformative
education designed to train the middle-skilled for
EMPLOYMENT AND CAREERS
Learners with relevant
knowledge and skills.
Learners who can take on
the challenges that come.
Learners with a
career track
WE PROVIDE OUR STUDENTS WITH
SKILLS CONFIDENCE PATHWAYS
STRONGER GREATER ALTERNATIVE
OUR BELIEF
2
HIGH SCHOOL CAREER SCHOOL COLLEGE
50,000 63,000 28,000
STUDENTS STUDENTS STUDENTS
Largest high school
in the U.S.
200+ certification and
diploma programs. #1
market share in career-
focused distance learning
Degree programs in high
growth technical careers.
Best value associates
degree options
HIGH
SCHOOL INDUSTRIAL VETERINARYBUSINESS EDUCATION HEALTH AVOCATION
ACADEMIES
Diverse educational portfolio built to support a core customer – the at-risk learner – with HS
and middle-skill career/college programs
ABOUT US
3
Penn Foster is a leader in serving the at-risk student population representing over
70 million adults and millions of High School dropouts annually in United States.
Academic
FinancialMotivational
Penn Foster System
integrates risk factors into a
cohesive experience
designed for
career development
& progression
OUR APPROACH
4
The High Cost of High School Dropouts: What the Nation Pays for Inadequate High Schools, Nov 2013
3,000,000
every year
8,300 every
school day
1 every
26 seconds
AMERICAN HIGH SCHOOL DROPOUT RATES
A high school dropout is
90%
NOT ELIGIBLE for
of US jobs
SOCIETAL IMPACT
CONSEQUENCES
5
Crime
Poverty
Chronic Disease
Teen Pregnancy
Death
INCREASED
RATES OF
http://www.infosecurity-magazine.com/view/30325/a-risk-managementbased-look-at-the-infosec-skills-gap/Bureau of Labor Statistics
a major challenge is the
SKILLS GAP
Employers
cannot find or grow enough qualified workers
to fill middle-skilled jobs
More than
12 million
remain unemployed
Nearly
4 million
jobs go unfilled
CONSEQUENCES
HIGH SCHOOL
50,000
STUDENTS
Largest high school
in the U.S. with deep,
scaled and proven
capabilities in servicing
uber-at-risk marketplace
CAREER SCHOOL COLLEGE
63,000 28,000
STUDENTS STUDENTS
200+ certification and
diploma programs. #1
market share in career-
focused distance learning
Degree programs in high
growth technical careers.
Best value associates
degree options
7
Penn Foster is well positioned to help address
the High School dropout crisis
OUR HS
PENN FOSTER’S MISSION
OUR GOAL
AT RISK & NON-TRADITIONAL
HIGH SCHOOL STUDENTS:
OUR DEFINITION
STRUGGLING HOMESCHOOLED ADVANCED
MOBILE ADULT OVERSEAS
HOMEBOUND BULLIED EMPLOYED
9
Michael
Bryant & Stratton HS
Graduate 2013
McDonald’s employee
MEET OUR STUDENTS
Jariel
HS Graduate 2013
Army National Guard
John
HS Student
Substance abuse counselor
Brittany
Job Corps HS
Graduate 2013
Milakiah
Polk County HS
Graduate 2013
MEET OUR STUDENTS
10
Employers
Retailers
PENN FOSTER HIGH SCHOOL
MULTIPLE ROUTES TO MARKET
Government
Enabled
Direct to
Consumer
Adults; ages 13-17;
Home Schoolers
School Districts
Polk County FL; Scranton PA
High Schools
600+ High Schools
Colleges
MULTIPLE
ROUTES TO
MARKET
MULTIPLE
WAYS TO
GAIN ACCESS
11
Right solution to
meet needs
Proven, credible
track record
Right partnership
strategy in place
to gain access
PENN FOSTER WILL LEAD THIS MOVEMENT
END GAME
12

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Penn Foster's Mission to Gradute One Million Students

  • 1. Frank F. Britt, CEO Penn Foster April 2014
  • 2. We believe that creating economic opportunities for people and their families can be transformative education designed to train the middle-skilled for EMPLOYMENT AND CAREERS Learners with relevant knowledge and skills. Learners who can take on the challenges that come. Learners with a career track WE PROVIDE OUR STUDENTS WITH SKILLS CONFIDENCE PATHWAYS STRONGER GREATER ALTERNATIVE OUR BELIEF 2
  • 3. HIGH SCHOOL CAREER SCHOOL COLLEGE 50,000 63,000 28,000 STUDENTS STUDENTS STUDENTS Largest high school in the U.S. 200+ certification and diploma programs. #1 market share in career- focused distance learning Degree programs in high growth technical careers. Best value associates degree options HIGH SCHOOL INDUSTRIAL VETERINARYBUSINESS EDUCATION HEALTH AVOCATION ACADEMIES Diverse educational portfolio built to support a core customer – the at-risk learner – with HS and middle-skill career/college programs ABOUT US 3
  • 4. Penn Foster is a leader in serving the at-risk student population representing over 70 million adults and millions of High School dropouts annually in United States. Academic FinancialMotivational Penn Foster System integrates risk factors into a cohesive experience designed for career development & progression OUR APPROACH 4
  • 5. The High Cost of High School Dropouts: What the Nation Pays for Inadequate High Schools, Nov 2013 3,000,000 every year 8,300 every school day 1 every 26 seconds AMERICAN HIGH SCHOOL DROPOUT RATES A high school dropout is 90% NOT ELIGIBLE for of US jobs SOCIETAL IMPACT CONSEQUENCES 5 Crime Poverty Chronic Disease Teen Pregnancy Death INCREASED RATES OF
  • 6. http://www.infosecurity-magazine.com/view/30325/a-risk-managementbased-look-at-the-infosec-skills-gap/Bureau of Labor Statistics a major challenge is the SKILLS GAP Employers cannot find or grow enough qualified workers to fill middle-skilled jobs More than 12 million remain unemployed Nearly 4 million jobs go unfilled CONSEQUENCES
  • 7. HIGH SCHOOL 50,000 STUDENTS Largest high school in the U.S. with deep, scaled and proven capabilities in servicing uber-at-risk marketplace CAREER SCHOOL COLLEGE 63,000 28,000 STUDENTS STUDENTS 200+ certification and diploma programs. #1 market share in career- focused distance learning Degree programs in high growth technical careers. Best value associates degree options 7 Penn Foster is well positioned to help address the High School dropout crisis OUR HS
  • 9. AT RISK & NON-TRADITIONAL HIGH SCHOOL STUDENTS: OUR DEFINITION STRUGGLING HOMESCHOOLED ADVANCED MOBILE ADULT OVERSEAS HOMEBOUND BULLIED EMPLOYED 9
  • 10. Michael Bryant & Stratton HS Graduate 2013 McDonald’s employee MEET OUR STUDENTS Jariel HS Graduate 2013 Army National Guard John HS Student Substance abuse counselor Brittany Job Corps HS Graduate 2013 Milakiah Polk County HS Graduate 2013 MEET OUR STUDENTS 10
  • 11. Employers Retailers PENN FOSTER HIGH SCHOOL MULTIPLE ROUTES TO MARKET Government Enabled Direct to Consumer Adults; ages 13-17; Home Schoolers School Districts Polk County FL; Scranton PA High Schools 600+ High Schools Colleges MULTIPLE ROUTES TO MARKET MULTIPLE WAYS TO GAIN ACCESS 11
  • 12. Right solution to meet needs Proven, credible track record Right partnership strategy in place to gain access PENN FOSTER WILL LEAD THIS MOVEMENT END GAME 12