Agree with above poster but would like to add one thing that always go for what you are interested in. Always be clear in your mind about what you want to do. Interest is a big thing for me can’t say about the others…So I would say go for major in business.
Both the schools are good and impart quality education to its students. You can choose any one of these without any hassle. You interest is in Business so choose that only as I personally feel that one can perform best in that thing which is of his interest. If you don’t fit in Penn State’s Business program then you can choose some other college as there are many top ranked US colleges and universities offering such online programs which you can see here http://www.thedegreeexperts.com/dg-business-93.aspx and choose any one of these and move ahead.
May be this site cn help you
http://www.a1onlineeducation.com
A Bachelors degree in Psychology is pointless unless you intend to pursue either a PhD/PsyD or medical school.
At the Bachelors level, Business is a far better choice.