Wall Street Journal – Lilly Vitorovich
14-Aug
Pearson PLC, which has extensive educational publishing operations, said Tuesday that it will launch a higher education college that will directly deliver degrees in the U.K. Pearson College will offer a business and enterprise degree course, which will be validated by existing universities in the U.K. The degree includes a guaranteed internship program and a company-based mentor for every student. It will be run from Pearson’s offices in London and Manchester. Pearson–which generates around 60% of its earnings and sales from its education business–said in a statement that it will be the first time a FTSE 100 company has directly delivered a degree course.
http://online.wsj.com/article/BT-CO-20120814-703422.html