Colleges and Universities

ITT suffers tough quarter on enrollment drop, loan losses

January 24, 2013
J.K. Wall
ITT Educational Services Inc. shares swooned Thursday morning after the private educator reported sinking revenue and a $9.5 million loss in the fourth quarter. But the stock rebounded strongly later Thursday.
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Ball State pulls sponsorship of 7 charter schools

January 22, 2013
Associated Press
Ball State University has pulled its sponsorship of seven Indiana charter schools plagued by long-running academic woes, including one in Indianapolis.
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Daniels starts at Purdue with fact-finding tour

January 21, 2013
Associated Press
Former Indiana Gov. Mitch Daniels has started his tenure as president of Purdue University with a fact-finding tour that students said impressed them with his willingness to engage them on changes he's considering for the university.
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Pence wants $1.5M a year for life sciences institute

January 21, 2013
J.K. Wall
The Indiana Applied Research Enterprise already has received support from John Lechleiter, CEO of Indianapolis-based Eli Lilly and Co., as a place for collaboration between academic and industrial scientists.
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New tool could drive down employers' health care costsRestricted Content

January 19, 2013
J.K. Wall
Ten of Indiana’s largest employers—including the state of Indiana; Cummins Inc.; CNO Financial Group Inc.; Indiana, Purdue and Butler universities; and Indiana University Health—think they have hit upon a solution.
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NCAA says Penn State fine money in special account

January 17, 2013
Associated Press
The NCAA said Thursday it has no immediate plans to spend the $12 million already paid to it as part of the sanctions against Penn State University over its handling of child sex abuse allegations against former assistant football coach Jerry Sandusky.
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Daniels faces host of issues on Purdue campus

January 14, 2013
Associated Press
Mitch Daniels stepped into his new role as Purdue University president Monday as soon as Mike Pence was sworn in to succeed him as Indiana's governor.
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Indiana liberal arts colleges strategize to survive perfect stormRestricted Content

January 12, 2013
J.K. Wall
Colleges are experimenting with business models at a time when the ability of students and their families to pay are dropping dramatically, and endowments and scholarship funds remain depressed.
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ITT agrees to pay Sallie Mae $46M to settle suit

January 7, 2013
Scott Olson
Wall Street reacted unfavorably to the settlement Monday, as ITT shares fell as much as 22 percent, to $15 a share. Shares traded for more than $66 about 10 months ago.
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Pennsylvania to sue NCAA over Sandusky-related penalty

January 2, 2013
Bloomberg News
Pennsylvania Gov. Tom Corbett said he will sue the Indianapolis-based National Collegiate Athletic Association, challenging a $60 million fine levied against Penn State University for its role in the Jerry Sandusky sex-abuse scandal.
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Crossroads Classic pleases fans, but long-term future uncertain

December 18, 2012
Anthony Schoettle
The two-year trial of the Crossroads Classic doubleheader basketball event has drawn capacity crowds to Indianapolis. But there are still scheduling concerns to be worked out if the fledgling event is to become a long-term college basketball tradition.
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Speculation grows about Butler leaving Atlantic 10

December 18, 2012
Associated Press
Butler University President James Danko has said little to counter reports that Butler is considering leaving the Atlantic 10 Conference for a newly formed league.
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Daniels' Purdue pay 10th among Big 10 presidents

December 16, 2012
Associated Press
Outgoing Gov. Mitch Daniels would be paid $420,000 a year in his new job as president of Purdue University under an incentive-based contract approved by the school's board of trustees' compensation committee.
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Marian University wins national football title

December 13, 2012
Associated Press
Marian University of Indianapolis captured its first national title Thursday night in only its sixth season of football.
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Retirement could change for some IU officials

December 7, 2012
Associated Press
Many high-ranking administrators at Indiana University would be allowed to work past the school's current mandated retirement age of 65 under a proposed new policy that one official said would better reflects current careers.
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Lugar starting Washington program for UIndy

December 7, 2012
Associated Press
Lugar is starting an internship program with the University of Indianapolis that will operate out of Washington, D.C. He has also agreed to deliver a handful of lectures each year as a distinguished professor at the private university.
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Purdue hires football coach Hazell from Kent State

December 5, 2012
Associated Press
Purdue University has hired Darrell Hazell as its new football coach. Hazell won this season's Mid-American Conference coach of the year award after leading Kent State to its first winning season since 2001.
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Purdue to shut down construction inspection office

December 4, 2012
Associated Press
Purdue University plans to eliminate 22 jobs by shutting down its in-house construction inspection department.
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IU researchers help address software security issues

November 26, 2012
Associated Press
Researchers from Indiana University's Pervasive Technology Institute will serve as collaborating partners on a major grant from the U.S. Department of Homeland Security to address vulnerabilities arising during the process of software development.
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Purdue makes quick decision to fire football coach Hope

November 26, 2012
Associated Press
Purdue wants a football team that can get to the Rose Bowl, and decided Danny Hope was not the coach to take it there. Replacement names already percolating include Northern Illinois' Dave Doeren, Illinois State's Brock Spack and Ball State's Pete Lembo.
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Rutgers follows Maryland to Big Ten, leaving Big East

November 20, 2012
Bloomberg News
Rutgers University is moving to the Big Ten Conference, ending a more than two-decade affiliation with the Big East as it looks to strengthen its athletic, financial and academic standing.
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Maryland leaving ACC to join Big Ten in 2014

November 19, 2012
Associated Press
Maryland will become the southernmost member of the Big Ten member starting in July 2014. Rutgers is expected to follow suit by Tuesday, splitting from the Big East and making it an even 14 schools in the Big Ten.
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IU online program getting big overhaulRestricted Content

November 17, 2012
Scott Olson
University is opting to open more courses to the masses.
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Indiana universities slow to embrace competency-based learningRestricted Content

November 17, 2012
J.K. Wall
Western Governors University allows students to complete courses as fast as they want and take as many courses as they want a semester, all for the same per-semester fee. But universities in Indiana believe the style isn't for everyone.
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Bureaucratic growth draws ire at Purdue, other universities

November 14, 2012
Bloomberg News
Administrative costs on college campuses are soaring, crowding out instruction at a time of skyrocketing tuition and $1 trillion in outstanding student loans. At Purdue, bureaucratic growth is pitting professors against administrators.
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