Innovate Indiana Fund backs fraud-prevention firm
Chicago-based Rippleshot, co-founded by IU alumnus Yueyu Fu, raised a total of $2.6 million in a funding round in February.
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Big IU donors were complaining loudly about Crean
Some of the most vocal Tom Crean critics are among Indiana University’s biggest financial supporters. And some of those critics are questioning the ability of Athletic Director Fred Glass, who fired Crean on Thursday, to lead the search for a new coach.
UPDATE: Crean out at IU after nine seasons
Indiana University basketball coach Tom Crean compiled a 166-135 record at IU and led the Hoosiers to three Sweet 16 appearances, but was widely criticized this season after the team finished 10th in the Big Ten Conference with a 7-11 league record.
Indiana lawmakers weigh banning so-called sanctuary campuses
A bill stipulates that colleges or universities violating the ban would risk having funds withheld by the state’s budget agency. A court could also block a sanctuary policy if a lawsuit is brought.
March Madness betting likely to top $10B, but don’t tell NCAA
Although bracket contests and the money wagered on them have driven the tournament’s popularity for decades, the NCAA takes pains not to condone gambling or filling out brackets for anything more than fun.
How Butler made its bulldog a marketing dynamo
Butler is one of just 58 U.S. colleges with a live mascot, and the bulldog is quickly approaching the top echelon, based on its fame and effectiveness as a goodwill ambassador for the school.
Eyler misses deposition, adding to furor over test-prep firm
Tennessee-based Southeast Financial Credit Union sued Eyler and others in 2015, charging they fraudulently restructured the business to thwart creditors and owe more than $13 million on defaulted loans.
ITT trustee hires ‘feared’ litigators
The bankruptcy trustee for ITT Educational Services has recruited some big hitters to help with investigating and prosecuting claims against the school’s former directors and officers.
College endowments suffer ‘lost decade’
Officials overseeing endowments at some of Indiana’s colleges and universities have cut back on spending, or are considering doing so, after struggling to grow their funds over the past decade.
Many public universities now using private planes
At Ohio State University, football coach Urban Meyer and members of his family took 11 personal trips last school year at a cost to the university of $120,000. Purdue University flew an alumnus from Rhode Island for $15,000.
Purdue considering new names for Fort Wayne campus
The boards of both universities approved plans in December for splitting up programs starting in July 2018 at what is now Indiana University-Purdue University Fort Wayne.
Purdue University tackles cheating, academic dishonesty
Students say cheating and academic dishonesty have become commonplace at the school.
Purdue Polytechnic project hits snag on city’s east side
The planned high school for STEM studies announced with fanfare last year that it would move into the P.R. Mallory factory site, but leaders encountered a financial hurdle and now are keeping their options open.
Ball State decides against giving up TV station frequency
The decision comes after the university had considered giving up the WIPB-TV frequency in a Federal Communications Commission auction aimed at freeing up bandwidth for mobile devices.
St. Joseph’s College alumni try to save their alma mater
Alumni say they knew little about the college’s dire financial standing before the board of trustees decided Feb. 3 to close for at least the 2017-18 school year.
Saint Joseph’s College says financial woes led to suspension of operations
The Catholic institution in Rensselaer had been operating on an annual deficit of $4 million to $5 million year after year and has exhausted all its credit.
Former higher ed chief Stan Jones dies
Jones was a behind-the-scenes architect of Gov. Frank O’Bannon’s efforts to create a community college system.
NCAA to pay $208M settlement in antitrust case
The Indianapolis-based NCAA has agreed to pay $208.7 million to settle a federal class-action lawsuit filed by former college athletes who claimed the value of their scholarships was illegally capped.
Daniels calls Trump’s immigration order ‘bad idea,’ urges him to revoke it
The Purdue University president said in a written statement that "if the idea is to strengthen the protection of Americans against terrorism, there are many far better ways to achieve it.”
Will Butler’s basketball success lead bigger schools to recruit its coach?
Four of Butler’s last five coaches have moved on to bigger, better-paying programs.