Thread regarding ITT Educational Services Inc. layoffs

SNHU to 'rescue' Daniel Webster College

http://www.unionleader.com/Education/SNHU-to-rescue-Daniel-Webster-College-09132016

" ...Southern New Hampshire University has worked out a "teach-out" deal with Indiana-based ITT Educational Services to take control of Nashua's Daniel Webster College."

"...SNHU had contacted Daniel Webster College officials about a week ago, after news surfaced about ITT and its struggles. On Sept. 6, Daniel Webster said it would remain open, while the remainder of the schools controlled by the for-profit ITT would close. But by week’s end, the federal government refused to release federal financial aid for Daniel Webster students. "

"...ITT is expected to move into bankruptcy, which would complicate ownership of any of the company’s assets."

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| 1282 views | | 5 replies (last September 15, 2016) | Reply
Post ID: @OP+Jnr3kUG

5 replies (most recent on top)

What happens to the empty buildings?

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Post ID: @1rrc+Jnr3kUG

SNHU to Lead "Teach-Out" of all Daniel Webster College Programs

By Lauren Keane

September 13, 2016

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Southern New Hampshire University (SNHU) and ITT Educational Services, Inc. (ITT/ESI) have agreed to a "Teach-Out and Program Articulation Agreement" to help Daniel Webster College (DWC) students continue their degree programs. Last week, Daniel Webster College's parent organization, ITT, announced the closing of all its campuses. With this announcement, Daniel Webster College students were left in need of an accredited local institution at which to complete their education. The U.S. Department of Education and ITT reached out to institutions to accommodate students, and SNHU agreed to take on all Daniel Webster College programs and students. SNHU then worked with the U.S. Department of Education to enable SNHU to provide degree completion opportunities to the students of Daniel Webster College.

As part of the agreement, SNHU will provide the faculty, facilities and student support necessary to deliver all DWC academic programs through the 2016-2017 academic year. All DWC classes will continue in their current schedules, and residential students will continue to reside on the Nashua campus. SNHU programs will continue at its campus in Manchester, with no changes for students, faculty or staff.

Daniel Webster College students will have access to their 2016-2017 federal financial aid and all institutional aid. SNHU will honor the current rate of tuition and fees for all DWC students for the remaining academic year. Upon completion of the 2016-2017 school year, SNHU will accept all DWC students who meet the minimum admission requirements for all subsequent coursework offered through SNHU. DWC faculty will continue to teach courses, SNHU will officially hire as many existing Daniel Webster College employees as possible, in a temporary employee status while transitioning them to regular SNHU employment status.

The teach-out agreement will be reviewed by the New England Association of Schools and Colleges (NEASC), the New Hampshire Commission of Higher Education and the U.S. Department of Education this week. SNHU will host information sessions on Daniel Webster College's campus beginning on Wednesday, September 14

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Post ID: @kwh+Jnr3kUG

Anything left? There is always the 36 cents you can get back for each stock, YYYAAAYYY!!

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Post ID: @emr+Jnr3kUG

some more details in an email to DWebster students:

https://www.northeastshooters.com/vbulletin/threads/318351-Daniel-Webster-College-wont-be-down-for-Breakfast

http://webcache.googleusercontent.com/search?q=cache:6J8Q_vvBzXYJ:www.nashuatelegraph.com/sports/othersports/1085139-457/dwc-tries-to-focus-on-the-present.html+&cd=1&hl=en&ct=clnk&gl=us

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Post ID: @wue+Jnr3kUG

So much for that rumor about 32 campuses re-branding as Daniel Webster!

Anything left now besides the real estate?

Wonder what's up at the Center of Professional Development @ITT-Tech -- besides changing its name back to Benchmark Learning.

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Post ID: @odf+Jnr3kUG

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