Wednesday, October 08, 2008

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ONLINE COLLEGE DEGREE

Penn Foster College Launches Two New Bachelor Degree Programs PR Newswire via Yahoo Finance top stories in Career Journal Wall Street Journal

Wed, 08 Oct 2008 22:38:06 +0000
PRNewswire Penn Foster College one of the nation s largest online colleges has launched two new Bachelor Degree programs in Business Management and Criminal Justice. According to Dr. Richard W. Ferrin President of Penn Foster College the institution has been receiving requests for more advanced degree for years. Offering BS programs was a logical extension of our mission statement said Dr. Ferrin adding Students interested in the Bachelor s programs will have the same affordable accessible and flexible education as our Associate Degree students. At this time the Bachelor Degrees are completion programs meaning that students must have an Associate Degree or a minimum of college credits from an accredited institution prior to enrolling in either program. Students without the minimum requirements can enroll in Penn Foster s Associate Degree programs then transfer their credits to one of the Bachelor Degree programs. The Criminal Justice degree will focus on topics including correctional institutions juveniles and the legal process and administration of justice. The Business Management degree will take our students through topics including the legal environment of business corporate finance business research methods as well as international business. Penn Foster College has more than active students worldwide. Students study independently and in many cases more quickly than a traditional college. The college is ideal for those who have family and employment obligations. Penn Foster also offers individual financial plans to match students needs and financial resources. To learn more go to http www.pennfostercollege.edu . About Penn Foster Inc. Penn Foster College is part of Penn Foster Inc. http www.pennfosterinc.com a global leader in distance education. For more than years Penn Foster has been providing career focused training programs in the fields of healthcare business and technology. Penn Foster College http www.pennfostercollege.edu based in Scottsdale Arizona offers an alternative to traditional classroom attendance with its online Associate Degree programs in health business technology and engineering. Source Penn Foster College Email Story Set News Alert Print Story Copyright Yahoo Inc. All rights reserved. Privacy Policy Terms of Service Copyright PR Newswire . All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content or for any actions taken in reliance thereon. World Business Markets Tech Personal Finance Life sum . of An Executive Downshifts From Fast Lane of No Excuse for Wasting Time of And the Best Executive M.B.A. Program . of B Schools Move to Assist Alums of Job Search for Wall Street Pros of Employees Aided in Finance Plans of Executive Job Market Still Healthy of Retailers Reprogram Workers prev next hide top stories hide top stories show top stories show top stories Dow Jones Reprints This copy is for your personal non commercial use only. To order presentation ready copies for distribution to your colleagues clients or customers use the Order Reprints tool at the bottom of any article or visit www.djreprints.com See a sample reprint in PDF format. Order a reprint of this article now EDUCATION SEPTEMBER High Degree Professionals Show Power Survey Highlights Worry of Winners Losers in Economy By CONOR DOUGHERTY Article Comments more in Education Workers with professional degrees such as doctors and lawyers were the only educational group to see their inflation adjusted earnings increase over the most recent economic expansion adding to the concern that the economy has benefited higher earning Americans at the expense of others. Workers in every other educational group including Ph.D.s as well as high school dropouts earned less in than they did in adjusted for inflation according to data from the Census Bureau. Data don t include earnings. The recent data are the latest reminder of how college degrees long seen as a path to the middle class no longer guarantees fatter paychecks every year. The statistics also indicate how deeply economic divisions have grown despite the economic expansion that started in . Both presidential candidates have proposed policies to address this inequality. Economists cite a number of reasons for falling wages for people with a bachelor s degree. Open borders resulted in blue and white collar jobs being sent abroad and skilled immigrants competing for jobs in the U.S. Job growth during the to expansion was weak compared to the late s boom thus putting less pressure on employers to dole out pay increases. Rising health care costs are also a bigger part of total compensation than they were in the past. The Census data measure income which doesn t include the health care bills employers pick up for workers. Falling wages are a big reason why so many Americans have cited economic issues among their biggest concerns going into the presidential election. Americans are pretty sophisticated pocketbook voters and lots of individuals and their families understand that real earnings growth has been waning for many years said Matthew J. Slaughter an economics professor at the Tuck School of Business at Dartmouth College who was a Bush White House economist. Question of the Day Vote Has your earnings potential stagnated Many Democrats have blamed foreign trade for a big part of the rise in income inequality and have turned increasingly against new trade pacts. On the presidential level Democratic nominee Sen. Barack Obama is pushing a number of proposals that would raise taxes for those who earn more than to fund tax cuts for those of more modest means. His Republican opponent Sen. John McCain remains a committed free trader. But Sen. McCain is pushing an overhaul of unemployment insurance and retraining as a way to help those who have fallen behind. He also argues that cutting corporate income taxes will boost economic growth and jobs. The inflation adjusted median salary for people with professional degrees was in up about from when the median salary was according to the Census. Every other group including those with college and doctorate degrees saw income declines. The inflation adjusted median salary for a person with a bachelor s degree fell about adjusted for inflation to last year from . Median master s degree salaries fell about to . Salaries for high school graduates fell about to . Given the faltering economy it is unlikely that lower earning Americans have made up ground this year. In the last year for which the Census income data are available wages grew and unemployment averaged a low . . Since then the country has lost about jobs and the unemployment rate has risen to . . Despite the downbeat numbers the Census data still show the value of education. In the median income for people with a bachelor s degree was about two thirds more than for those with only a high school diploma people with a master s made more than those with a college degree only. But the relative gain to education is diminishing. In for instance workers with college degrees earned more per year on average than workers with high school diplomas only according to the Economic Report of the President. Workers with a college degree saw their earnings premium grow steadily over the next quarter century and by their average earnings were roughly double what workers with a high school diploma made. Over the next four years the trend reversed By workers with a college diploma only were earning about more than high school grads on average. A college degree still provides an important security blanket says Mr. Slaughter. But because of the falling mean B.A. earnings in recent years just how warm this blanket is is now less clear. Write to Conor Dougherty at conor.doughertywsj.com Copyright Dow Jones Company Inc. All Rights Reserved This copy is for your personal non commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. 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