Education Business

Purdue makes fast progress on tuition freeze

May 19, 2013
Associated Press
The school is nearly three-fourths of the way to reaching its goal of $40 million in savings or new revenue.
More

Herff Jones acquisition to form $1B company

May 16, 2013
Mason King
Dallas-based BSN Sports will join the Herff Jones portfolio of companies and continue to operate as its own branded entity. Combined annual revenue is expected to top $1 billion.
More

Shares of Angie's List, ITT skyrocket after reports

April 26, 2013
 IBJ Staff and Associated Press
In the heart of a mediocre earnings season for public companies, Indianapolis-based firms Angie's List and ITT Educational Services on Thursday shot to the top of the stock ticker.
More

Sinking enrollment still a drag on ITT Educational

April 25, 2013
 IBJ Staff
Profit and revenue fell dramatically in the first quarter as students continued to steer away from the Carmel company, one of the country's largest for-profit colleges.
More

ITT Educational shares sink after SEC seeks loan documents

February 25, 2013
Bloomberg News
Shares of ITT Educational Services Inc., one of the country's largest for-profit colleges, tumbled nearly 17 percent Monday after it disclosed that U.S. regulators subpoenaed documents related to private loan programs for its students.
More

Federal budget cuts would hit military, education in Indiana

February 24, 2013
Associated Press
The White House has tallied the impact of automatic cuts to the federal budget set to take effect this week. Indiana will lose at least $100 million in support for the military, education, child care, seniors and services for other populations.
More

CEO convinces investors that ITT is on the rebound

January 24, 2013
J.K. Wall
For a guy whose company's stock price has lost 75 percent of its value, Kevin Modany, the CEO of ITT Educational Services Inc., sounds pretty upbeat. And it seemed to rub off on investors Thursday.
More

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.
More

Cheerleading CEO to become chief at Herff Jones

December 11, 2012
Kathleen McLaughlin
The founder of a cheerleading-supply company will become the next CEO of Indianapolis-based Herff Jones Inc., one of the city's largest private companies.
More

Local campus escapes University of Phoenix closure list

October 22, 2012
 IBJ Staff
The University of Phoenix will maintain its campus in Indianapolis, a company spokesman confirmed, even as the operator of for-profit colleges closes more than half its campuses nationwide.
More

Vincennes logistics program gets box of money from federal governmentRestricted Content

September 29, 2012
 IBJ Staff
$2.9 million grant will be used to bulk up logistics training and education center in Plainfield.
More

Democratic report blasts for-profit colleges; ITT stock sinks

July 30, 2012
Bloomberg News, Associated Press
For-profit colleges put revenues above education, and charge students high tuition and loan rates that could leave them in debt for years, a Senate Democratic report said Monday. Stock in for-profit colleges tumbled after the report.
More

ITT stock sinks after profit plunges 42 percent

July 26, 2012
J.K. Wall
ITT Educational Services Inc.'s stock took a licking Thursday after its quarterly earnings report badly missed expectations of Wall Street analysts.
More

Judge says lawsuit can proceed against for-profit educator

May 15, 2012
Associated Press
A federal judge has ruled that a lawsuit can proceed against a large for-profit education company accused of using improper sales tactics to lure unqualified students and the billions of dollars in financial aid they bring. The company has two colleges in Indianapolis.
More

For-profit university eyes College Park office space

May 11, 2012
J.K. Wall
South Dakota-based National American University wants to turn 35,000 square feet on the second floor of a building in the College Park office complex into its latest campus.
More

Profit plummets at ITT Educational, but tops analyst expectations

April 26, 2012
J.K. Wall
First-quarter profit and revenue plunged at Carmel-based ITT Educational Services Inc. as enrollment of new students declined for the seventh straight quarter.
More

Judge slaps down attorneys behind ITT fraud lawsuitRestricted Content

April 21, 2012
Greg Andrews
Judge Tanya Walton Pratt late last month granted ITT’s motion for attorney’s fees and sanctions against Mississippi attorney Timothy Matusheski, as well as two law firms that worked with him on the case—Motley Rice LLC in Los Angeles and Plews Shadley Racher & Braun LLP in Indianapolis.
More

Thirty-five teams apply for $1M Mind Trust grants

March 9, 2012
J.K. Wall
The winners' mission will be to launch successful charter schools and replicate those schools at three or four additional locations around Indianapolis.
More

Battle for students raises financial concern for turnaround schools

March 8, 2012
J.K. Wall
Just 62 percent of the students at four IPS schools being taken over by turnaround operators have chosen to remain at the schools, a situation that could shrink funding. The operators say the district has stymied their ability to inform students and their parents about their plans.
More

For-profit colleges lose incentive to target vets under bills

February 16, 2012
Bloomberg News
For-profit college operators such as Carmel-based ITT Educational Services Inc.would lose a financial incentive to enroll soldiers and veterans under U.S. Senate and House bills aimed at curbing what sponsors call aggressive marketing of subpar programs.
More

ITT Educational's profit plunges, but tops analyst expectations

January 26, 2012
J.K. Wall
The Carmel-based operator of for-profit colleges earned $76 million in the quarter compared with $97.5 million in the same quarter of 2010. Revenue fell 10 percent.
More

For-profit colleges face curbs on aid in new veterans bill

January 23, 2012
For-profit colleges like Carmel-based ITT Educational Services would be forced to rely less on federal money under a bill aimed at curbing the marketing of degrees to soldiers and veterans.
More

Turnaround company wants to launch feeder schools

December 14, 2011
J.K. Wall
Charter Schools USA, the Florida-based company tapped by the state government to turn around Howe and Manual high schools in Indianapolis, also wants to launch two charter elementary schools to help feed students into those schools.
More

ITT Educational’s enrollment, profit fall again

October 20, 2011
The Carmel-based operator of for-profit colleges posted a 27.8-percent drop in earnings while new-student enrollment fell 14.1 percent.
More

For-profit education firm denies lawsuit charges

October 5, 2011
Associated Press
Education Management Corp., which operates two schools in Indianapolis, has asked a judge to throw out a Department of Justice lawsuit that claims it used improper sales tactics to lure unqualified students and the billions of dollars in financial aid they bring.
More
Page  << 1 2 3 >> pager
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. I am so impressed that the smoking ban FAILED in Kokomo! I might just move to your Awesome city!

  2. way to much breweries being built in indianapolis. its going to be saturated market, if not already. when is enough, enough??

  3. This house is a reminder of Hamilton County history. Its position near the interstate is significant to remember what Hamilton County was before the SUPERBROKERs, Navients, commercial parks, sprawling vinyl villages, and acres of concrete retail showed up. What's truly Wasteful is not reusing a structure that could still be useful. History isn't confined to parks and books.

  4. To compare Connor Prairie or the Zoo to a random old house is a big ridiculous. If it were any where near the level of significance there wouldn't be a major funding gap. Put a big billboard on I-69 funded by the tourism board for people to come visit this old house, and I doubt there would be any takers, since other than age there is no significance whatsoever. Clearly the tax payers of Fishers don't have a significant interest in this project, so PLEASE DON'T USE OUR VALUABLE MONEY. Government money is finite and needs to be utilized for the most efficient and productive purposes. This is far from that.

  5. I only tried it 2x and didn't think much of it both times. With the new apts plus a couple other of new developments on Guilford, I am surprised it didn't get more business. Plus you have a couple of subdivisions across the street from it. I hope Upland can keep it going. Good beer and food plus a neat environment and outdoor seating.

ADVERTISEMENT