Higher Ed

Mounting student loan debt vexing for IndianaRestricted Content

June 9, 2012
Scott Olson
More college degrees wanted, but large borrowing amounts present obstacle.
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HETRICK: Parental responsibility and the high cost of higher ed

May 26, 2012
Bruce Hetrick
I'm old-fashion on this one: It's parents who choose to bring children into the world.
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Indiana panel sets new college degree goals

March 28, 2012
Associated Press
The resolution looks to increase on-time graduation rates at both two- and four-year campuses and double the number of college graduates produced in the state by 2025. The plan also aims to have 60 percent of Indiana adults with college degrees by 2025.
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HICKS: Value proposition should drive higher ed debateRestricted Content

March 17, 2012
Mike Hicks
Even with higher tuition, college students are still flocking to campus. The real problem isn’t increasing costs, but uncertain benefits.
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Next Purdue chief must cut costs but boost researchRestricted Content

March 17, 2012
J.K. Wall
The successor to France Cordova, who is stepping down this summer when her contract expires, will have to tip-toe between two almost contradictory demands: Cut costs for students yet spend more to ramp up Purdue’s research enterprise.
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Ivy Tech absorbs avalanche of new studentsRestricted Content

February 18, 2012
J.K. Wall
For the past four years, Ivy Tech Community College has soaked up 60,000 extra students displaced by the recession even though the funding for new staff and facilities has not kept pace. But now Ivy Tech President Tom Snyder says the sponge is waterlogged.
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University education schools inflate grades, critics chargeRestricted Content

November 19, 2011
J.K. Wall
Nearly four of five students received A's in Indiana University education classes in 2010-2011, but education deans at IU and other universities say grading is approached differently than in other schools, such as math.
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Building services staffer endows IUPUI scholarshipRestricted Content

November 5, 2011
 IBJ Staff
Employee's entire estate will go toward university's goal of raising $1.3 billion.
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Report: Completion rates woefully low at public colleges

September 27, 2011
J.K. Wall
Of every 100 Hoosiers who enter two- or four-year public colleges in Indiana, only 39 graduate, even when given four years to complete a two-year degree and eight years to complete a four-year degree.
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Banker appointed chairman of Indiana higher education commissionRestricted Content

July 9, 2011
 IBJ Staff
The commission has drawn national attention for its performance-based funding plans.
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Indiana edges toward education guaranteesRestricted Content

June 11, 2011
J.K. Wall
The state is moving to adopt a system that ensures more high school graduates can perform in college or on the job.
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Online education college moving to Indianapolis

June 7, 2011
American College of Education, once affiliated with DePaul University, is moving its main campus from Chicago to Indianapolis and expects to create up to 40 jobs by 2014. Hiring will begin once the move is complete in August.
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Budget cuts will limit Indiana inmate education

May 29, 2011
Associated Press
ndiana lawmakers' decision to cut off grants to state prison inmates attending college could make it harder for prisoners to find employment when they're released, supporters of the program fear.
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'Virtualization' spawning demand for tech workersRestricted Content

May 28, 2011
Chris O'Malley
The city’s information technology sector may be a step closer to easing a worker shortfall created by the rise of cloud computing. Harrison College responds with more courses geared toward IT workforce.
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Purdue proposes international student fee hikes

May 23, 2011
Associated Press
Under the proposed increases, foreign students enrolling this summer would pay an additional $1,000 on top of 3.8-percent tuition increases for all out-of-state students. Purdue also has proposed a $2,000 fee for 2012-13 academic year.
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Cummins spurs launch of mechanical engineering programRestricted Content

April 9, 2011
Kathleen McLaughlin
This fall, Indiana University-Purdue University at Columbus will roll out its first four-year mechanical engineering program.
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Indiana's promised scholarships caught in budget bind

February 6, 2011
Associated Press
The growing popularity of the 21st Century Scholars program and the state's recession-driven budget bind has state officials looking to tighten up both the academic and financial requirements.
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Ball State touted for research even as funding drops

January 30, 2011
Associated Press
The Carnegie Foundation for the Advancement of Teaching has classified Ball State as a "high research university" for the first time, elevating it to a status shared in Indiana only by Indiana University-Purdue University Indianapolis.
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WGU Indiana provides more access to coursesRestricted Content

January 8, 2011
Scott Olson
Students now can use scholarships to pay Western Governors University tuition.
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Group questions growth of pharmacy schools

December 29, 2010
J.K. Wall
Two weeks before Manchester College announced a $35 million gift to help open a pharmacy school, a national trade group suggested there are too many pharmacy schools already.
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LUBBERS: More performance funds for universitiesRestricted Content

December 25, 2010
Teresa Lubbers / Special to IBJ
Indiana cannot meet growing economic and educational expectations without fundamentally rethinking how we deliver higher education to our students, how we measure progress, and how we reward results.
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2010 NEWSMAKER: Lubbers changes higher-ed funding

December 24, 2010
J.K. Wall
Higher education Commissioner Teresa Lubbers ushered in a new era in higher education financing this year. But she’ll need to persuade the General Assembly to stick with it in 2011.
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MOURDOCK: Higher education is everyone's job

November 20, 2010
Richard Mourdock / Special to IBJ
Soon, and for the first time in history, American retirees will be better educated than the American work force. Never before has a country “dumbed down” across generations like this.
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Company thinks it can make college textbooks obsolete

November 20, 2010
J.K. Wall
An Indianapolis company has developed Web-based software that allows college students to read and electronically mark up textbooks, articles, chapters of books, etc. It also has a business model that its owners think will make more money for publishers and slash students’ textbook costs—which average $1,200 a year—in half.
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UPDATE: Butler's Fong leaving for new job

October 29, 2010
 IBJ Staff
Butler University President Bobby Fong will leave at the end of the current academic year to take the helm of private Ursinus College outside Philadelphia, the Indianapolis school confirmed Friday afternoon.
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  1. Cramer agrees...says don't buy it and sell it if you own it! Their "pay to play" cost is this issue. As long as they charge customers, they never will attain the critical mass needed to be a successful on company...Jim Cramer quote.

  2. My responses to some of the comments would include the following: 1. Our offer which included the forgiveness of debt (this is an immediate forgiveness and is not "spread over many years")represents debt that due to a reduction of interest rates in the economy arguably represents consideration together with the cash component of our offer that exceeds the $2.1 million apparently offered by another party. 2. The previous $2.1 million cash offer that was turned down by the CRC would have netted the CRC substantially less than $2.1 million. As a result even in hindsight the CRC was wise in turning down that offer. 3. With regard to "concerned Carmelite's" discussion of the previous financing Pedcor gave up $16.5 million in City debt in addition to the conveyance of the garage (appraised at $13 million)in exchange for the $22.5 million cash and debt obligations. The local media never discussed the $16.5 million in debt that we gave up which would show that we gave $29.5 million in value for the $23.5 million. 4.Pedcor would have been much happier if Brian was still operating his Deli and only made this offer as we believe that we can redevelop the building into something that will be better for the City and City Center where both Pedcor the citizens of Carmel have a large investment. Bruce Cordingley, President, Pedcor

  3. I've been looking for news on Corner Bakery, too, but there doesn't seem to be any info out there. I prefer them over Panera and Paradise so can't wait to see where they'll be!

  4. WGN actually is two channels: 1. WGN Chicago, seen only in Chicago (and parts of Canada) - this station is one of the flagship CW affiliates. 2. WGN America - a nationwide cable channel that doesn't carry any CW programming, and doesn't have local affiliates. (In addition, as WGN is owned by Tribune, just like WTTV, WTTK, and WXIN, I can't imagine they would do anything to help WISH.) In Indianapolis, CW programming is already seen on WTTV 4 and WTTK 29, and when CBS takes over those stations' main channels, the CW will move to a sub channel, such as 4.2 or 4.3 and 29.2 or 29.3. TBS is only a cable channel these days and does not affiliate with local stations. WISH could move the MyNetwork affiliation from WNDY 23 to WISH 8, but I am beginning to think they may prefer to put together their own lineup of syndicated programming instead. While much of it would be "reruns" from broadcast or cable, that's pretty much what the MyNetwork does these days anyway. So since WISH has the choice, they may want to customize their lineup by choosing programs that they feel will garner better ratings in this market.

  5. The Pedcor debt is from the CRC paying ~$23M for the Pedcor's parking garage at City Center that is apprased at $13M. Why did we pay over the top money for a private businesses parking? What did we get out of it? Pedcor got free parking for their apartment and business tenants. Pedcor now gets another building for free that taxpayers have ~$3M tied up in. This is NOT a win win for taxpayers. It is just a win for Pedcor who contributes heavily to the Friends of Jim Brainard. The campaign reports are on the Hamilton County website. http://www2.hamiltoncounty.in.gov/publicdocs/Campaign%20Finance%20Images/defaultfiles.asp?ARG1=Campaign Finance Images&ARG2=/Brainard, Jim

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