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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                   FORM 8-K/A


                                 CURRENT REPORT
                       PURSUANT TO SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934


       Date of Report (date of earliest event reported): November 15, 2005

                       PEOPLES EDUCATIONAL HOLDINGS, INC.
             (Exact Name of Registrant as Specified in Its Charter)

                                    DELAWARE
                 (State or Other Jurisdiction of Incorporation)

             000-50916                                 41-1368898
     (Commission File Number)               (I.R.S. Employer Identification No.)

         299 MARKET STREET
          SADDLE BROOK, NJ                                07663
(Address of Principal Executive Offices)                (Zip Code)

Registrant's telephone number, including area code: (201) 712-0090

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[  ] Written communications pursuant to Rule 425 under the Securities Act (17
     CFR 230.425)

[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
     CFR 240.14a-12)

[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))


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ITEM 2.02    RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On November 15, 2005, the registrant issued a press release correcting certain
information contained in its press release, issued on November 14, 2005,
regarding the registrant's results of operations for its third quarter ended
September 30, 2005. The full text of the November 15, 2005 press release is
furnished as Exhibit 99.1 to this Form 8-K.

ITEM 9.01    FINANCIAL STATEMENTS AND EXHIBITS.

(c)          Exhibits.

             Exhibit 99.1   Press Release issued on November 15, 2005



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                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.


                                      PEOPLES EDUCATIONAL HOLDINGS, INC.
                                      (Registrant)

                                       By:      /s/ Brian T. Beckwith
                                           -------------------------------------
                                           Name:  Brian T. Beckwith
                                           Title: President and Chief Executive
                                                  Officer
Date: November 15, 2005





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