WHITMAN EDUCATION GROUP, INC. AND SUBSIDIARIES
           COMPUTATION OF NET (LOSS) INCOME PER SHARE OF COMMON STOCK

                                              FOR THE THREE MONTHS ENDED
                                         DECEMBER 31, 1996    DECEMBER 31, 1995
                                         -----------------    -----------------

Primary:
Average shares outstanding.................     11,983,320          10,244,152

Net effect of dilutive  stock options and
    warrants based on the treasury stock
    method using the average market price..             --             103,860
Sanford-Brown shares held in escrow........             --           1,021,612
                                               -----------         -----------

Total......................................     11,983,320          11,369,624
                                               ============        ===========
Net (loss) income..........................    $(1,392,220)        $     1,412
Per share amount...........................    $      (.12)        $      (.00)

Fully diluted:
Average shares outstanding.................     11,983,320          10,244,152

Net effect of stock options and warrants
    based on the treasury stock method
    using quarter-end market price.........      2,241,509             256,096
Sanford-Brown shares held in escrow........        521,612           1,021,612
                                               ------------        ------------

Total......................................     14,746,441          11,521,860
                                              ============         ============

Net (loss) income..........................   $ (1,392,220)        $     1,412
Per share amount...........................   $       (.09)        $      (.00)

    Net loss per share of common  stock for  primary  purposes  is  computed  by
dividing net loss by the weighted  average number of shares  outstanding  during
the period adjusted for common stock equivalents when such adjustments result in
dilution of earnings  per share.  The Company has  considered  all common  stock
equivalents  for  purposes  of  calculating  fully  diluted  earnings  per share
regardless of their anti-dilutive  effect.  Included as common stock equivalents
for the three months  ended  December  31, 1996 for fully  diluted  purposes are
521,512  shares  issued in  connection  with the  acquisition  of  Sanford-Brown
College  that remain in escrow to be  disbursed to the seller or returned to the
Company upon the occurrence of, or failure to achieve, certain events.


                                   Exhibit 11



<PAGE>


                 WHITMAN EDUCATION GROUP, INC. AND SUBSIDIARIES
                COMPUTATION OF NET LOSS PER SHARE OF COMMON STOCK


                                              FOR THE NINE MONTHS ENDED
                                           DECEMBER 31,1996  DECEMBER 31, 1995
                                           ----------------  -----------------

Primary:
Average shares outstanding..................    11,082,369          10,231,036

Net effect of dilutive  stock options and
    warrants  based on the treasury stock
    method using the average  market price..            --                  --
Sanford-Brown shares held in escrow.........            --                  --
                                               ------------        -------------

Total.......................................    11,082,369          10,231,036
                                              =============        =============
Net loss....................................  $ (1,800,270)        $(1,083,252)
Per share amount............................  $       (.16)        $      (.11)

Fully diluted:
Average shares outstanding..................    11,082,369          10,231,036

Net effect of stock options and warrants
    based on the treasury stock method
    using quarter-end market price..........     2,241,509             256,096
Sanford-Brown shares held in escrow.........       521,612           1,021,612
                                              ------------         -----------

Total.......................................    13,845,490          11,508,744
                                              =============         ===========

Net loss....................................  $ (1,800,270)         $(1,083,252)
Per share amount............................  $       (.13)         $      (.09)

    Net loss per share of common  stock for  primary  purposes  is  computed  by
dividing net loss by the weighted  average number of shares  outstanding  during
the period adjusted for common stock equivalents when such adjustments result in
dilution of earnings  per share.  The Company has  considered  all common  stock
equivalents  for  purposes  of  calculating  fully  diluted  earnings  per share
regardless of their anti-dilutive  effect.  Included as common stock equivalents
for the nine months  ended  December  31, 1996 for fully  diluted  purposes  are
521,512  shares  issued in  connection  with the  acquisition  of  Sanford-Brown
College  that remain in escrow to be  disbursed to the seller or returned to the
Company upon the occurrence of, or failure to achieve, certain events.


                                   Exhibit 11