Aspen Group, Inc. Announces Reaccreditation of Aspen University by Distance Education Accrediting Commission

Rhea-AI Summary

Aspen Group, Inc. (OTCQB: ASPU) announced that Aspen University (AU) has received a five-year renewal of accreditation from the Distance Education Accrediting Commission (DEAC) through January 2029.

This represents the maximum accreditation period permitted by DEAC, which is recognized by both the U.S. Department of Education and the Council for Higher Education Accreditation (CHEA).

DEAC accreditation serves as a reliable indicator of the value and quality of distance education offered by an institution. The renewal demonstrates Aspen University's commitment to educational standards and ethical business practices that ensure quality, accountability, and improvement in higher education.

Positive

• Aspen University received maximum 5-year DEAC accreditation renewal through January 2029
• DEAC is recognized by both the U.S. Department of Education and CHEA
• Accreditation validates AU's educational quality and business practices

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• None.

NEW YORK, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI") (OTCQB: ASPU), an education technology holding company, today announced that Aspen University (AU) has received notification of its renewal of accreditation from the Distance Education Accrediting Commission (DEAC), which is listed by the U.S. Department of Education as a recognized accrediting agency and recognized by the Council for Higher Education Accreditation (CHEA). The commission granted accreditation renewal to AU for five years through January 2029, the maximum accreditation period permitted by DEAC.

Accreditation by DEAC is a reliable indicator of the value and quality of the distance education that an institution offers. In receiving this renewal of accreditation, AU has demonstrated its commitment to educational standards and ethical business practices that assure quality, accountability, and improvement in higher education.

About DEAC

DEAC is a private, non-profit organization founded in 1926 that operates as an institutional accreditor of distance education institutions. Accreditation by DEAC covers all distance education activities within an institution, and it provides accreditation from the secondary school level through professional doctoral degree-granting institutions. DEAC’s geographic area of accreditation activities includes all states within the United States and international locations.

About Aspen Group, Inc.

Aspen Group, Inc. is an education technology holding company that leverages its infrastructure and expertise to allow its two universities, Aspen University and United States University, to deliver on the vision of making college affordable again. For more information, visit www.aspu.com.

Contact Information:

Hayden IR
Kimberly Rogers
(385) 831-7337
Kim@HaydenIR.com

FAQ

What does the DEAC reaccreditation mean for Aspen University's status?

The DEAC reaccreditation validates Aspen University's quality of education and confirms its adherence to educational standards through January 2029, representing the maximum accreditation period possible.

How long is Aspen University (ASPU) accredited by DEAC?

Aspen University is accredited by DEAC for five years through January 2029, which is the maximum accreditation period permitted by the Distance Education Accrediting Commission.

Is the Distance Education Accrediting Commission (DEAC) recognized by the U.S. Department of Education?

Yes, DEAC is listed by the U.S. Department of Education as a recognized accrediting agency and is also recognized by the Council for Higher Education Accreditation (CHEA).

What benefits does DEAC accreditation provide for ASPU investors?

DEAC accreditation demonstrates Aspen University's commitment to quality education and ethical business practices, potentially increasing the institution's credibility, student enrollment, and long-term stability for ASPU investors.

When will Aspen University's DEAC accreditation expire?

Aspen University's DEAC accreditation will expire in January 2029, after the current five-year renewal period.