Education & Workforce Development

ISTEP firm faces third-degree from lawmakers, big damages

June 21, 2013
 IBJ Staff, Associated Press
Indiana's state superintendent announced Friday she is seeking at least $614,000 in damages from CTB/McGraw-Hill for ISTEP testing troubles as the company's president apologized to state lawmakers.
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Pence names Lilly alum Tobias, Pacers' Morris as IU trustees

June 20, 2013
Associated Press
Retired Eli Lilly and Co. executive Randall Tobias and Pacers Sports & Entertainment President Jim Morris have been appointed to three-year terms on the Indiana University Board of Trustees.
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Disparate Indiana pols agree ISTEP answers needed

June 16, 2013
Associated Press
A legislative panel studying why 78,000 test-takers were frozen out of the high-stakes exam test last month plans to meet Friday to hear from CTB/McGraw-Hill President Ellen Haley on what went wrong.
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ITT Educational branches into charter schoolsRestricted Content

June 15, 2013
J.K. Wall
The for-profit educator won approval last month to start a charter school for 11th- and 12th-graders inside one of its ITT Technical Institutes in Indianapolis.
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Indiana highway commissioner picked for Purdue job

June 11, 2013
Associated Press
The head of the Indiana Department of Transportation is looking to join former Gov. Mitch Daniels at Purdue University.
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Outside reviewer picked to study ISTEP troubles

June 10, 2013
Associated Press
An independent review of Indiana's ISTEP test results is under way one month after computer troubles disrupted test-taking for thousands of students this spring.
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Ball State trustees OK 2-percent tuition hike

June 6, 2013
Associated Press
The 20,000-student school says the increase approved Thursday is the lowest at Ball State in 37 years.
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NCAA wins dismissal of lawsuit over Sandusky fine

June 6, 2013
Bloomberg News
The lawsuit brought by Pennsylvania Gov. Tom Corbett failed to show a violation of federal antitrust law, U.S. District Judge Yvette Kane said in her decision throwing out the case.
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Goodwill to open four more dropout recovery schools

June 6, 2013
J.K. Wall
But further expansion is on hold because of a state freeze on new adult-focused charter schools. Lawmakers are concerned the schools are siphoning funds from K-12 education.
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Pence praises 1st-year prison job-skills program

June 5, 2013
Associated Press
A program aimed at teaching and training prison inmates skills needed to get jobs when they are released has led to more than 600 people being employed in its first year.
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State charter schools leader takes national job

June 4, 2013
 IBJ Staff
Russ Simnick, president of the Indiana Public Charter Schools Association since 2008, has taken a job with the Washington, D.C.-based National Alliance for Public Charter Schools, the IPCSA announced Tuesday.
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Marian has waiting list for very first medical class

June 4, 2013
Associated Press
Marian University in Indianapolis has announced it has reached its self-imposed limit of 162 students for the incoming class of its new college of osteopathic medicine. It will be the first medical school to open in Indiana in more than 100 years.
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IU summer enrollment flat despite tuition discount

June 3, 2013
Associated Press
The second year of a 25-percent tuition discount still hasn't boosted summer semester enrollment at Indiana University's main campus.
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Deficit threatens one-fourth of Ivy Tech's sites

June 2, 2013
Associated Press
Mounting budget woes and the need to deal with a $68 million deficit could force Ivy Tech Community College to close up to a quarter of its school sites around Indiana, school officials said.
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Summer basketball league has become big draw for NBA, college starsRestricted Content

June 1, 2013
Anthony Schoettle
Carlos Knox runs The Knox Indy Pro Am Summer League, one of only a few nationwide where basketball fans can find top college and professional hoops stars facing off against one another on the hardwood.
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NCAA overhauls bidding for championshipsRestricted Content

June 1, 2013
Anthony Schoettle
The NCAA is overhauling its event bidding format, and in June will bid out 500 championship events to be played over the next four years.
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Ball State proposing 2-percent tuition increase

May 31, 2013
Associated Press
The proposed increase will make Ball State's in-state tuition nearly $9,200 for 2013-14 and about $9,300 the following year.
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Indiana voucher program returns $5M to public schools

May 30, 2013
Associated Press
The Indiana Department of Education announced Wednesday that $5 million is owed the state's schools because of savings achieved through school vouchers.
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Sallie Mae expects split to have 'limited' effect in Indiana

May 30, 2013
 IBJ Staff and Bloomberg News
The student lender wants to separate its education loan management and consumer bank businesses into two publicly traded entities. The firm is a major employer in Indiana, with more than 2,600 employees at offices in Indianapolis, Fishers and Muncie.
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New institute aims to attract 100 research scientists to Indiana

May 30, 2013
J.K. Wall
The $360 million initiative will be formally launched on Thursday by Gov. Mike Pence, executives of five major life sciences companies and officials of the state’s research universities.
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Outside review sought for Indiana exam results

May 29, 2013
Associated Press
Indiana's Department of Education is seeking an outside review of the ISTEP test results following a series of computer glitches that will likely delay test results until July.
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Indiana 8th-graders best most nations in math, scienceRestricted Content

May 25, 2013
J.K. Wall
In the same year the Legislature passed a set of sweeping reforms to improve Indiana’s public schools, Indiana’s eighth-graders were scoring No. 7 in the world on an international math test.
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Indianapolis education up-and-comers are fierce competitors

May 25, 2013
J.K. Wall
Friends' competition for bragging rights lands both on Forbes' 30 Under 30 lists.
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Fort Wayne schools want 3rd party to review ISTEP

May 22, 2013
Associated Press
Indiana's largest school district says it won't accept results of this year's standardized testing until an independent third party validates the scores.
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Lilly Endowment's $3.4M grant to bring more teachers to Indy

May 22, 2013
Mason King
Indianapolis-based education reform group The Mind Trust will use the grant to help support teacher recruitment and training programs such as Teach for America.
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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