Penn Foster Career School is a U.S. for-profit, regionally and nationally accredited online career school. The school was founded in 1890, and was known as International Correspondence Schools, or ICS.It is headquartered in Scranton, PA. Students of Penn Foster Career School can study online at a pace that is right for them. Penn Foster Career School offers over 50 Career Diploma Programs and over 30 Certificate Programs.he school was founded in 1890, and was known as International Correspondence Schools, or ICS. It is headquartered in Scranton, PA. Students of Penn Foster Career School can study online at a pace that is right for them. Penn Foster Career School offers over 50 Career Diploma Programs and over 30 Certificate Programs.