ITT Buys Daniel Webster College

BCEagle91
Fri, 24 Apr 2009 16:15:20 +0000

Daniel Webster College isn’t a household name around here but our son took a course there dual-enrollment when he was 15 so we’re familiar with the school. It used to mainly be an aviation school that grew into a university.

ITT is a for-profit education company and I think that they’re spending about $40 million for the college.

It seems that they’ve had financial problems for a while and maybe the recession tipped them into selling themselves. I’ve never been a fan of ITT though they do provide education services to a lot of people.