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New higher-ed chief takes aim at dropout rates

Teresa Lubbers became Indiana commissioner for higher education on July 7 after serving 17 years as a Republican state
senator from Indianapolis. She says every Hoosier needs some college-level training. Lubbers got a running start on her new
job, having served as chairwoman of the senate education committee
for years. She also worked frequently at the commission’s downtown offices during May and June—after her predecessor
had
left but before the Legislature returned for a special session to pass a budget. Her new staff dubbed her SenComm.

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State unveils $31M tuition-funding program

Gov. Mitch Daniels failed to get the legislature to bite on his plan to lease out the Hoosier
Lottery in order to pay for two-year college scholarships. So he’s now he’s using $31 million in federal stimulus funds
to create a similar program for about 9,000 Hoosiers.

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KINDELSPERGER: Historical advantages of endowments dive with market

Life has changed in higher education and changed very rapidly. The value of most endowments, just like our portfolios and
401(k)s, has plummeted. Today, institutions with the strongest bottom lines are likely to be those with strong management
and business plans that work in today’s economy.

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IU to offer degree in fund raising

Most fund-raisers stumble into the profession, but within a decade the field could be populated by recent college graduates
who hold degrees in philanthropic studies.The Center on Philanthropy at Indiana University soon will roll out a bachelor’s
degree that would be among the first of its kind. If all goes as planned, IUPUI would begin marketing the degree, granted
by the School of Liberal Arts, for the fall of 2010.

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Insurers not attracting young people

Two-thirds of college-age Americans say health insurance is as important as salary when looking at jobs. Yet just as many have made no plans to obtain health insurance once they graduate from school this month.

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Business school outgrows Indiana

With enrollment surging in vocational schools around the country, Indiana Business College has launched an expansion into
Ohio and likely into other states as well. The Indianapolis-based for-profit school also is changing its name.

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Papa’s college funds hit the skids

When I read the year-end statements from the 529 College Saving Plans I had established for the benefit of my grandchildren, I felt lower than a snake’s belly.

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College costs must be controlled

Colleges must control costs so that students, particularly those from low-income families, can afford higher education without
going into tremendous debt.

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Central Indiana colleges on alert to slow spending

Most colleges and universities in central
Indiana are being especially frugal because the value of their university endowments has plunged along with the market,donations
may decrease, and enrollment may decline, due to lack of student loan availability.

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Martin professor’s ouster sparks student protests

Martin University students upset over the firing of a popular professor are staging protests over the direction the school has taken under new President Algeania Freeman. Freeman in January replaced the Rev. Boniface Hardin, a Benedictine monk who founded the inner-city school 30 years ago. She since has roiled many faculty members and students by letting go employees-many times without reason, they contend-as part of a strategy to cut costs. IBJ reported their concerns in July. But the Oct. 20…

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