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Monday, August 20, 2007
After 117 Years, One of the World's Largest Distance Education Institutions Finds a New Name, a New Mission and a New Owner
For more than 100 years it was known as International Correspondence School, or more commonly as ICS. Then starting in the mid 1990s ICS was sold twice to new owners who each time re-branded the institution with a corporate name. Starting in 2003, the company re-invented itself into one of the world's largest online providers of distance learning. Just two years ago the management team decided the institution needed a new permanent academic name to better reflect its mission and commitment to student achievement. After months of research it was announced the institution would be called 'Penn Foster' as a tribute to its founder, Thomas Foster, and the school's 117 years of continuous operation in Scranton, PA.
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