Decker College
Decker College was a proprietary (investor-owned and for-profit) college located in Louisville, Kentucky, U.S.A. at 981 South Third Street. It closed in October 2005, following a disagreement with the United States Department of Education about accreditation of its construction-related courses and online instruction.[1] According to former U.S. Senator Alfonse D'Amato during the 2006 Republican primary for Governor of New York, William Weld, former Governor of Massachusetts and chief executive of the college from January to October 2005, was responsible and oversaw "multimillion dollar looting".[2]
On June 10, 2009, the Associated Press reported that the case against Decker College had been dropped, and no charges had been filed. Robert Keats, bankruptcy trustee for Decker College, disclosed the status of the investigation to a federal bankruptcy judge in a filing made public June 9. "There are no indictments, no further investigation," he stated. According to the AP, U.S. Attorney spokeswoman Dawn Masden confirmed that the investigation was closed with no indictments.[3]
On March 27, 2016, the Wall Street Journal reported as part of an opinion article that "Bankruptcy trustee Robert Keats alleged [Ralph] LoBosco", a Department of Education employee, "was trying to exact revenge against Decker CEO William Weld". The article continued: "Education Department administrative law judge Robert Layton recently affirmed a 2012 bankruptcy court finding that the Council on Occupational Education had failed to tell the truth in stating that Decker's online programs were never accredited. The Council's 'factually erroneous' assertion caused the Education Department to withdraw federal student aid in 2005, which precipitated Decker's bankruptcy."[4]
References
- ↑ Barrouquere, Brett (February 14, 2006). "Probe haunts Weld in bid for N.Y. governor". The Boston Globe. Retrieved January 25, 2016.
- ↑ Healy, Patrick D. (January 4, 2006). "Weld Is Criticized by D'Amato". The New York Times. Retrieved January 25, 2016.
- ↑ "Probe into Decker College closes without indictments". WHAS. October 13, 2009. Retrieved January 25, 2016.
- ↑ "Why Americans Hate Government: The regulators who destroyed Decker College have never been held accountable.". The Wall Street Journal. March 27, 2016. Retrieved August 23, 2016.
External links
- Decker College info page (obsolete)
- Article: "For-Profit College With Ties to William Weld Closes Most of Its Campuses and Lays Off Employees" – The Chronicle of Higher Education (subscription required)