The question that dragged down ITT Educational Services—whether its expensive diplomas were leaving students awash in debt while failing to properly prepare them for gainful employment—will continue to hang over other players in the for-profit education industry.
For years, the cities and towns in Boone and Hamilton counties have invested in trail systems; now they are adding other bike-friendly elements, like dedicated bike lanes, bike routes and loops, and bike-share programs.
The closure of ITT’s 136 campuses threatens to throw some 29,000 indebted students off their educational tracks, and to saddle taxpayers with nearly a half-billion dollars in losses.
The Indianapolis-based brewery announced plans for a $5 million craft distillery and tap room in Carmel’s Midtown development, which is between City Center and the Arts & Design District.
Two employees who were terminated Tuesday as part of mass layoff by ITT Educational Services have filed a lawsuit claiming the Carmel-based firm violated federal law by failing to provide 60-days notice. The suit seeks class-action status for as many as 8,000 employees.
Lebanon attorney Kent Frandsen, co-chair of the BMW Championship, has volunteered in some capacity for 10 national championships at the Pete Dye-designed course.
In a move to create a stronger identity, Franciscan Alliance will become Franciscan Health, and will stop using the names of St. Francis, St. James, St. Anthony and other familiar saints at its hospitals, the company announced Tuesday.
Carmel-based ITT Educational Services Inc. announced Tuesday morning that it will permanently “discontinue academic operations” at all ITT Technical Institutes campuses. The company blamed the closure on “inappropriate and unconstitutional” federal sanctions.
St. Vincent Health announced last month it would build eight micro-hospitals—or “emergency hospitals,” as the organization calls them. Other area hospitals are watching the experiment.
Moriden America makes cargo systems and interior trim for the auto industry and plans to ramp up production to meet demand from a Subaru assembly plant in Lafayette.
Despite decades of on-the-job training for workers and numerous high-profile lawsuits, harassment by managers and co-workers persists—although the number of sexual harassment claims has declined in recent years.
ITT Educational Services Inc. has stopped enrolling students altogether at its for-profit college campuses less than a week after the U.S. Department of Education banned the Carmel-based company from accepting new students who use federal financial aid.
Some banks have been closing their mini-branches in stores, but PNC Financial Services is applying the trend toward automated transactions to its new location in Carmel’s Market District Supermarket.
Shares in ITT Educational Services Inc. went into a freefall Friday, one day after the U.S. Department of Education banned the company from enrolling new students who receive federal aid. Analysts said ITT isn’t likely to survive the decision.
