Education & Workforce Development

Indiana agrees to $3M settlement in school test hitch

August 6, 2014
Associated Press
Indiana's state schools superintendent says she has reached a $3 million settlement with CTB/McGraw-Hill after disruptions to standardized tests last year.
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Vote would let big conferences set their own rules

August 6, 2014
Associated Press
The NCAA board of directors will vote Thursday on a proposal that would give the five wealthiest college football conferences the ability to make rules and pass legislation without the approval of the rest of Division I schools.
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ChaCha CEO Jones launches app school in Carmel

August 5, 2014
Dennis Barbosa
Some of the events will take place at Scott Jones’ estate at 1150 W. 116th St. The unique setting prompted the founders to name the school Eleven Fifty.
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ITT cash crunch has analysts raising spectre of bankruptcy

August 5, 2014
J.K. Wall
Carmel-based ITT Educational Services no longer has a margin of error, as it tries to dig out from a scuttled real estate deal, tightened rules from lenders and the feds, and its CEO's pending resignation.
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Construction blitz in full swing around Ball State

August 5, 2014
Associated Press
With less than two weeks until the start of classes at Ball State University, businesses in Muncie that will cater to students are racing to complete their building projects.
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Elwood Staffing to add 40 jobs at Columbus HQ

August 5, 2014
 IBJ Staff
The company, which already employs 200 in Indiana and 1,000 across the country, will accommodate the expansion by buying and renovating a building across the street from its current headquarters.
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ISTEPs bring 'mixed bag' for Indiana charter schools

August 4, 2014
Associated Press
Performance among Indiana's charter schools on the 2014 ISTEP tests ran the gamut from low passing rates to rates similar to the state's best public schools.
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ITT Educational CEO signals resignation amid stock freefall, federal scrutiny

August 4, 2014
Mason King, J.K. Wall
Carmel-based ITT Educational Services Inc. announced late Monday afternoon that CEO Kevin Modany planned to resign within six months. The struggling for-profit education firm has drawn scrutiny from government officials for its marketing and lending practices.
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ITT Educational shares reeling after deal falls through

August 4, 2014
Bloomberg News
The real estate deal would have brought as much as $119.1 million for the struggling, Carmel-based education firm.
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Head of Indiana alcohol agency taking Ivy Tech job

July 31, 2014
Associated Press
Ivy Tech announced Thursday that Alex Huskey will become the Marion campus president beginning Aug. 25.
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Indiana education split plays out in No Child request

July 30, 2014
Associated Press
A new critique of Indiana's efforts to maintain its exemptions from the No Child Left Behind requirements, written by top staff to Gov. Mike Pence, is widening a rift between state education leaders as federal officials near a decision on the waiver.
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Ballard proposes $50M preschool program as part of crime initiative

July 30, 2014
J.K. Wall
Mayor Greg Ballard on Wednesday proposed a 5-year program to pay for preschool for 4-year-olds from low-income families. He also floated hiring another 280 police officers. The cost to the average household would be $86 per year.
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For-profit colleges tap GI Bill loophole for business

July 30, 2014
Bloomberg News
The so-called “90/10 rule” limits a for-profit college to getting no more than 90 percent of its revenue from the government. However, veterans’ and military tuition programs are excluded from the cap, and the colleges have aggressively recruited from the military.
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UPDATE: Court allows education board lawsuit to proceed

July 29, 2014
Associated Press
A Marion County judge has cleared the way for a lawsuit to proceed against members of the State Board of Education that alleges public access violations.
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NCAA settles head injury suit, will change rules

July 29, 2014
Associated Press
In a deal expected to "change college sports forever," the NCAA agreed Tuesday to settle a class-action head injury lawsuit by creating a $70 million fund to diagnose thousands of current and former college athletes to determine if they suffered brain trauma.
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Pennsylvania reps ask NCAA to halt Penn State sanctions

July 28, 2014
Associated Press
Five Pennsylvania congressmen are asking college sports' governing body to cancel penalties against Penn State University imposed as a result of the Jerry Sandusky child molestation scandal.
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State campaign pushes students to finish college on time

July 28, 2014
Jessica Seabolt, The Statehouse File
The statewide effort is designed to push more Indiana students to graduate from college on time by completing at least 15 credits each semester.
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PENNY: Collegiate reform could hurt Olympic teamsRestricted Content

July 26, 2014
Steve Penny / Special to IBJ
Changes in governance might risk pipeline of athletes in sports that generate little income.
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Med school plots researcher hiring spree

July 26, 2014
J.K. Wall
The Indiana University School of Medicine plans to hire 100 research professors over the next five years in a bid to vault into the top 25 medical schools.
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NCAA’s $60M video-game settlement moves ahead

July 25, 2014
Bloomberg News
The decision may mean that the judge will soon rule on whether the Indianapolis-based NCAA must change its rules to let students negotiate licenses for the use of their names and images.
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NCAA enforcement director defends investigators

July 24, 2014
Associated Press
Two days after Big 12 Commissioner Bob Bowlsby called the NCAA enforcement system overwhelmed and "broken," the Indianapolis-based NCAA's top cop fired back.
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Job fairs help Duke Energy fill its talent pool

July 23, 2014
Associated Press
The average age of the line technicians who work for Duke Energy Corp. is between 50 and 55 years. Enduring an influx of retirements before it's able to restock its work force with field-ready technicians is a genuine concern.
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Marion among counties picked for pre-K pilot program

July 22, 2014
 The Statehouse File
Five Indiana counties will be part of the state’s preschool pilot program for low-income children, which could be launched in early 2015.
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Wabash College religion center gets $7.8 million

July 22, 2014
Associated Press
The grant will let the center continue programming through 2018. It brings to more than $48 million the total grants the Indianapolis-based Lilly Endowment has given the center.
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IU business school expansion nearing completion

July 22, 2014
Associated Press
Started in May 2012, the 90,000-square-foot expansion on four stories adds classrooms, meeting spaces and career training offices to the undergraduate business building in Bloomington.
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  1. Aaron is my fav!

  2. Let's see... $25M construction cost, they get $7.5M back from federal taxpayers, they're exempt from business property tax and use tax so that's about $2.5M PER YEAR they don't have to pay, permitting fees are cut in half for such projects, IPL will give them $4K under an incentive program, and under IPL's VFIT they'll be selling the power to IPL at 20 cents / kwh, nearly triple what a gas plant gets, about $6M / year for the 150-acre combined farms, and all of which is passed on to IPL customers. No jobs will be created either other than an handful of installers for a few weeks. Now here's the fun part...the panels (from CHINA) only cost about $5M on Alibaba, so where's the rest of the $25M going? Are they marking up the price to drive up the federal rebate? Indy Airport Solar Partners II LLC is owned by local firms Johnson-Melloh Solutions and Telemon Corp. They'll gross $6M / year in triple-rate power revenue, get another $12M next year from taxpayers for this new farm, on top of the $12M they got from taxpayers this year for the first farm, and have only laid out about $10-12M in materials plus installation labor for both farms combined, and $500K / year in annual land lease for both farms (est.). Over 15 years, that's over $70M net profit on a $12M investment, all from our wallets. What a boondoggle. It's time to wise up and give Thorium Energy your serious consideration. See http://energyfromthorium.com to learn more.

  3. Markus, I don't think a $2 Billion dollar surplus qualifies as saying we are out of money. Privatization does work. The government should only do what private industry can't or won't. What is proven is that any time the government tries to do something it costs more, comes in late and usually is lower quality.

  4. Some of the licenses that were added during Daniels' administration, such as requiring waiter/waitresses to be licensed to serve alcohol, are simply a way to generate revenue. At $35/server every 3 years, the state is generating millions of dollars on the backs of people who really need/want to work.

  5. I always giggle when I read comments from people complaining that a market is "too saturated" with one thing or another. What does that even mean? If someone is able to open and sustain a new business, whether you think there is room enough for them or not, more power to them. Personally, I love visiting as many of the new local breweries as possible. You do realize that most of these establishments include a dining component and therefore are pretty similar to restaurants, right? When was the last time I heard someone say "You know, I think we have too many locally owned restaurants"? Um, never...

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