Daniel Webster College

Daniel Webster College (DWC) was a private college in Nashua, New Hampshire. It operated from 1965 through 2017 and had a strong aeronautics focus during much of its history. It was a nonprofit college until 2009, when ITT Educational Services, Inc. bought it and converted it to a for-profit model. ITT declared bankruptcy in September 2016. It was operated through the 2016–17 academic year by Southern New Hampshire University, after which the college was closed. Chinese businessman Sui Liu, doing business as Xinhua Education Consulting Services, acquired the remainder of the campus and buildings for close to $12 million in mid-2018. As of early 2022, the campus was unoccupied. History 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, it received a score of 0.5 out of 3 on that scale, with 1.5 considered passing. Faced with the loss of educational accreditation and federal funding, which would have forced it to close, it was acquired by ITT Educational Services, Inc., the parent company of the ITT Technical Institutes, in June 2009 for US$29.3 million. The new owner converted the college to a for-profit institution.