Daniel Webster College
 |
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| Type | For-profit |
|---|---|
| Established | 1965 |
|
Parent institution
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See introductory text |
| President | Michael Diffily |
| Students | 760 |
| Location |
Nashua, New Hampshire, USA 42°46′37″N 071°30′52″W / 42.77694°N 71.51444°WCoordinates: 42°46′37″N 071°30′52″W / 42.77694°N 71.51444°W |
| Campus | Suburban |
| Colors | Blue and Red |
| Nickname | Eagles |
| Mascot | Eagle |
| Website | www |
Daniel Webster College (DWC) is a college in Nashua, New Hampshire, United States, with a professions focus. It was owned by ITT Educational Services, Inc., on the for-profit model. The college declared bankruptcy in September 2016, but is being operated by, and is set to be acquired by Southern New Hampshire University, which is a non-profit university in Manchester, New Hampshire.
The college was established in 1965 as the New England Aeronautical Institute and was associated with Boire Field, now Nashua Airport. In 1978, it merged with its Daniel Webster Junior College division to become Daniel Webster College.
By the mid-2000s, the college was having financial problems and failing to meet "financial responsibility standards" of the United States Department of Education, a measure of economic viability. In 2009, Daniel Webster College received a score of just 0.5 out of 3 on that scale, with 1.5 considered passing. Faced with the prospect of losing educational accreditation and federal funding, both of which would have forced the school to close, it was acquired by ITT Educational Services, Inc., the parent company of the ITT Technical Institutes in June 2009 for $29.3 million. The new owner converted the college to a for-profit institution.
In 2010, ITT Educational Services phased out the flight program and stopped accepting new flight students, while allowing students currently enrolled in the program to complete their education. The last of these graduated in 2013. Following the suspension of the flight program, student enrollment declined from 900 to the current rate of approximately 650 undergraduate students.
In August 2016, the U.S. Department of Education prohibited ITT Educational Services from enrolling new students who use federal financial aid, because accreditor ACICS threatened to revoke accreditation for the 130 other schools that it runs. The schools suspended new enrollment, then on September 6, ceased operations. The 2016-17 academic year at Daniel Webster was not threatened because it uses a different accreditor, the New England Association of Schools and Colleges (NEASC), and a New Hampshire regulator said, “There is no consequence for Daniel Webster students now – they’re enrolled, classes have started, they will receive their federal financial aid”.
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