Dr. Cheri St. Arnauld Appointed Chief Academic Officer of Aspen University

St. Arnauld, Former Grand Canyon University Provost and Chief Academic Officer Brings to Aspen Unrivaled Academic Leadership, Skill Set and Track Record

NEW YORK, March 6, 2014 (GLOBE NEWSWIRE) -- Aspen Group, Inc. (OTCBB:ASPU), a nationally accredited online postsecondary education company (Aspen University), today announced the appointment of Dr. Cheri St. Arnauld as Chief Academic Officer.

In this role, St. Arnauld will be responsible for leading the entire range of academic services including the University's academic and assessment system, curriculum development, instruction, faculty development and compliance.

"Dr. St. Arnauld's experience and track record of leading academics at online for-profit universities is second to none. Our students will be the key benefactor of this appointment, as she will demand continuous improvements in student outcomes and push the envelope with regard to advanced learning technologies and curriculum design," stated Michael Mathews, Chairman & CEO of Aspen Group, Inc.

St. Arnauld has more than 30 years of experience in education, ensuring quality curriculum and learning for students. St. Arnauld most recently spent five years at Grand Canyon University as their Provost, Chief Academic Officer. She led the university through the creation of academic support systems and three new colleges, including the College of Doctoral Studies.

"I have always believed that rigor and accountability in academic programs, through vibrant curriculum and committed faculty, can provide students a quality education and a return on their investment that can last a lifetime," stated St. Arnauld.

Dr. Gerald Williams, Academic President of Aspen University, announced his retirement effective March 31, 2014. Dr. Williams has been named President Emeritus and consultant through June, 2014.

About Aspen Group, Inc.

Aspen Group, Inc. is an online postsecondary education company. Aspen University's mission is to offer any motivated college-worthy student the opportunity to receive a high quality, responsibly priced distance-learning education for the purpose of achieving sustainable economic and social benefits for themselves and their families. Aspen is dedicated to providing the highest quality education experiences taught by top-tier faculty - 67% of our adjunct faculty hold doctoral degrees. To learn more about Aspen, visit www.aspen.edu.

CONTACT: Media Contact:
         Aspen Group, Inc.
         Michael Mathews, CEO
         914-906-9159

Released March 6, 2014