MONEY MANAGEMENT NOTES: IN BRIEF.

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FOR-PROFIT TROUBLES: Decker College, a for-profit institution based in Louisville, Ky., has shut down most of its campuses and laid off many of its employees without paying them for work they had already done. William F. Weld, a Republican gubernatorial contender in New York, has been helping to run the college, and his investment firm, Leeds Weld & Company, owns a minority interest in Decker. In September, the U.S. Department of Education suspended the college from participating in federal student-aid programs after finding "very severe" breaches of its fiduciary duty. Decker is appealing that decision. The Kentucky Attorney General's office is also investigating Decker.[#]

CAMPUS CLOSES: Fordham University has announced that it will close Marymount College, its women's campus in Tarrytown, N.Y., in June 2007 because of dwindling enrollment and financial difficulties. Marymount, like Fordham a Roman Catholic institution, was already struggling when it agreed, in 2000, to be taken over by the university to mitigate the prohibitive costs of operating a small campus.[#]

SWEATSHOP DEMANDS: United Students Against Sweatshops, a national network of student labor activists, is demanding that universities require the makers of apparel bearing their college logos to produce the goods at factories where workers are paid a "living wage" and have been allowed to form unions and bargain collectively.[#]

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