Education Finance

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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Ivy Tech increases tuition more than 8 percent

June 6, 2013
Associated Press
The trustees of financially strapped Ivy Tech Community College have approved raising tuition by $5 per credit hour each semester for the next two years amid efforts to close a $68 million budget shortfall.
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Indiana University board approves tuition increase

June 6, 2013
Associated Press
IU President Michael McRobbie told trustees meeting in Indianapolis that the 1.75-percent hike was the lowest tuition increase possible while ensuring world-class educational opportunities for students
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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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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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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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Ball State president among nation's highest paid

May 13, 2013
 IBJ Staff and Associated Press
BSU's Jo Ann Gora was the fifth-highest-paid public college president in the United States during the 2011-12 academic year, according to a new survey released Monday.
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Indiana schools seeing more success with tax hikes

May 12, 2013
Associated Press
Indiana school districts that won voters' approval last week for the majority of the tax increases they had sought to boost school funding may be becoming more skilled at selling the public on the need for those tax hikes.
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IUPUI students, faculty keep watch on parking issueRestricted Content

May 4, 2013
Kathleen McLaughlin
Opponents of privatization fear trustees will take action on the controversial issue over the summer.
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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.
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Former U.S. education leader to take over USA Funds

April 24, 2013
 IBJ Staff
William D. Hansen, 53, served as Deputy U.S. Secretary of Education from 2001 to 2003. He'll replace current CEO Carl C. Dalstrom, who is retiring after more than a decade leading Indianapolis-based USA Funds.
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Pay rises faster at Indiana public universities than national peers

April 11, 2013
J.K. Wall
The campus with the highest-paid faculty was Purdue at West Lafayette, where the average salary was $101,000, followed closely by IU-Bloomington, where salaries averaged $98,400.
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Rally denounces proposed Indiana voucher expansion

March 19, 2013
Associated Press
A proposal to expand Indiana's private school voucher program was denounced during a Statehouse rally on Tuesday as a step that would take millions of dollars away from the state's public schools.
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Daniels cuts merit raises of top Purdue staff

March 18, 2013
Associated Press
Purdue University President Mitch Daniels on Monday eliminated merit raises for administrators earning more than $50,000 annually over the next two years in the first in a series of cost-cutting moves to cover the estimated $40 million cost of freezing tuition rates through 2015.
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ITT fights to stem tumbling enrollmentRestricted Content

March 16, 2013
J.K. Wall
A federal investigation and a shareholder lawsuit are the latest headwinds to threaten ITT Educational Services Inc., which is trying to reverse a precipitous decline in enrollment.
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IU president encouraged by state budget plan

March 14, 2013
Associated Press
A proposed boost in the state's higher education funding is an encouraging step after more than $150 million was cut during the recession, Indiana University's president said Thursday.
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Indiana Senate budget panel looks at college funding

March 14, 2013
Associated Press
The Senate Appropriations Committee is examining the state of higher education funding as it continues Indiana's budget deliberations.
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Bill would add rules for Indiana financial aid

March 11, 2013
Associated Press
A bill making its way through Indiana's General Assembly would change the laws governing need-based state financial aid to add more requirements for students.
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Purdue to put nix on tuition hikes for 2 years

March 1, 2013
Associated Press
The freeze means the cost of basic in-state tuition at Purdue University will remain about $10,000 until the end of the 2014-15 school year.
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Purdue hopes huge donation first of many under Daniels

February 19, 2013
Dan Human
Purdue University has high hopes that former Gov. Mitch Daniels’ new role as president and donation pitchman eventually will help double charitable contributions to the school.
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Ivy Tech to go after student debtors' tax refunds

February 3, 2013
Associated Press
Students who owe Ivy Tech Community College money will have their tax refunds diverted to cover the debt under a new policy the statewide college system is implementing.
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Governor, Indiana House GOP seek vouchers, pre-K aid

January 17, 2013
Associated Press
Gov. Mike Pence and top Republican legislators plan to barrel ahead this year with the "freight train" of education changes sought by Indiana's former governor, including proposals to expand school vouchers and use private money to send children to preschool.
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LEADING QUESTIONS: Mind Trust CEO takes stock of IPS reform proposal

January 11, 2013
Mason King
LQ_David_Harris_mind_Trust_WatchVideoWhat exactly does The Mind Trust do? What happened to its report on remaking IPS? Do you need teaching experience to reform education? David Harris has answers.
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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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State's full-day kindergarten enrollment grows

December 11, 2012
Associated Press
The number of Indiana children enrolled in full-day kindergarten has increased by 19 percent since the state more than doubled spending for the program.
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  1. These higher rates Co. e about only because physicians are now hospital employees. otherwise physicians couldn't charge these rates and share the windfall with the hospital. Community/rural hospitals probably not buying physicians practices and thus weren't getting the windfall anyway.

  2. The incentive for poor people to get themselves off public assistance and "no longer be poor" is even with help...they're STILL POOR! Being poor, even with some assistance, isn't all that pleasant. (I speak from experience) It's a stubborn myth that poor people, who are on public assistance, are sitting in the lap of luxury. You should try living on just those "freebies" that you mentioned and see how meager they actually are. By the way, I didn't mean you had to buy/own a puppy...just pet one. :)

  3. As near as I can tell the minority has ZERO constitutional obligation to offer a quorum to the majority. A requirement for quorum was inserted into the constitution so that tyrannical majorities could not simply shove through odious and objectionable legislation (which is exactly what they did.) By allowing a tyrannical majority to charge fines against the minority for exercising their constitutional prerogative to deny quorum the court as made a mockery of constitutional governance in the state of Indiana.

  4. The voters elected the Reps to make a vote not walk out on the vote. They had to the right to exercise their opinion and vote "no" to the bill. Let me ask you this if you walked out of your job for 5 straight weeks would you get paid? Would you even have a job to go back to? If any elected official walks out on the people they should be arrested for stealing tax dollars from the public. They were elected to do a job and not leave when the job gets stuff.

  5. I have been to several of their locations in Pennsylvania and always go in for 1 item and leave with a basket full of things. I'm very happy they decided on Indiana, now if only they would put the other store in eastside.

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