Coach decision puts IU’s Glass on the hot seat
Glass has transformed the culture of IU’s athletic department for the better, IU sources said, but that legacy could be obscured by whom he hires to replace Tom Crean as men’s basketball coach.
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ITT Tech nightmare escalates for Indianapolis credit union
The Eli Lilly Federal Credit lost a bundle on loans to ITT Technical Institute students a few years ago. Now the credit union, which adopted the Elements Financial moniker two years ago, may get hit with a lawsuit from the bankruptcy trustee for the now-defunct for-profit school operator.
Notre Dame reportedly weighing bids for commercial sports rights
The university is one of only a few big-time sports schools that still manages its own commercial rights, which generate tens of millions from television and media deals and from companies that want to advertise alongside the Notre Dame brand.
Wonder material might make spray-on solar cells a reality
Imagine a future when solar cells can be sprayed or printed onto the windows of skyscrapers or atop sports utility vehicles—and at prices potentially far cheaper than today’s silicon-based panels. It’s not as far-fetched it sounds.
Purdue University freezes tuition for sixth consecutive year
The university said the frozen costs have helped lead to a decrease of 30 percent in Purdue student borrowing since 2012.
Hoosier inventor’s foundation gives UIndy $5M to start engineering school
The university said the gift from the R.B. Annis Educational Foundation “will advance the university’s strategy to address Indiana’s increasing demand for skilled engineers and STEM-related professions.”
Indiana University art museum prepares for lengthy renovation
The museum is expected to close to the public for the $30 million renovation May 14. The target for reopening is the fall semester of 2019.
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.
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.