United States University Announces WSCUC Accreditation Reaffirmed for Eight Years

Rhea-AI Summary

Aspen Group, Inc. (ASPU) announced that its online institution, United States University (USU), has reaffirmed its accreditation for eight years by the WASC Senior College and University Commission (WSCUC). This decision reflects USU's commitment to its mission and effective governance, alongside improved financial conditions and innovative nursing clinical placements. WSCUC confirmed that USU met the Core Accreditation Commitments and successfully completed its review process under established standards. This accreditation is crucial as it enhances USU's reputation and operational capacity.

Positive

• USU's accreditation reaffirmed for eight years by WSCUC enhances institutional credibility.
• Improved financial status of USU strengthens its operational foundation.
• Effective collaboration between USU and AGI contributes positively to educational outcomes.

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• None.

NEW YORK, July 11, 2022 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI") (Nasdaq: ASPU), an education technology holding company, today announced that United States University (USU), an online institution based in San Diego, CA., today received notice from its Accrediting Agency, the WASC Senior College and University Commission (WSCUC), that its accreditation status has been reaffirmed for eight (8) years.

“We are pleased to receive this outstanding news,” said Steven Stargardter, President of United States University. “We appreciate the thoroughness, thoughtfulness and engagement of the WASC Senior College and University Commission during this extensive review process.”

The factors cited for WSCUC’s decision include USU’s commitment to its mission, the creation of an overall culture of collaboration, the high level of Board of Trustee engagement, the collaborative working relationships established with AGI, a significantly improved university financial situation, the innovative work of the Office of Field Experience in placing nursing students into clinicals, and the institutional resilience in responding to the COVID-19 pandemic.

WSCUC confirmed that USU has fully addressed the three Core Accreditation Commitments and successfully completed the two-stage institutional review process conducted under the 2013 Standards of Accreditation. WSCUC is recognized as an institutional accrediting agency by the United States Department of Education. It accredits institutions within the United States and all around the world.

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 recent accreditation news relates to Aspen Group (ASPU)?

Aspen Group's subsidiary, United States University, has had its accreditation reaffirmed for eight years by WSCUC.

How does USU's accreditation affect Aspen Group (ASPU)?

The reaffirmation enhances USU's reputation and operational capabilities, positively impacting Aspen Group.

What factors led to USU's accreditation reaffirmation?

Factors include USU's mission commitment, improved financial situation, and effective collaboration with AGI.

What is WSCUC's role in USU's accreditation?

WSCUC is the accrediting agency that reaffirmed USU's accreditation after a thorough review process.