DECKER COLLEGE IN LOUISVILLE, Ky CLOSES ITS DOORS.
The private, for-profit trade school has closed its doors
and removed its online construction courses. Decker, a
vocational trade school is partially owned by Leeds Weld &
Co., an investment firm run
by former Massachusetts Gov. William Weld.
Decker offered programs in electrical, carpentry, and
heating, ventilation and air conditioning and barbering.
The US Department of Education stopped Decker's access to
federal financial aid and said it owed taxpayers and
lenders $7.2 million, mostly in aid that wasn't repaid
after students dropped out.
Decker is being investigated by Federal and state
investigative agencies for violation of consumer protection laws and misuse of veteran benefits.
School officials declined to comment or did not return
calls.
This posting is based on a story by Mark Pitsch of the
Louisville Courier Journal. Mr. Pitsch has written several
articles on the saga of Decker College.