International Business College closing Fort Wayne campus
School officials said they plan to invest in renovations and staffing at the only other International Business College campus, in Indianapolis. They said that campus is growing.
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Q&A: McDonnell builds pathway for computer science education
Codelicious currently has 14 schools as customers, but founder Christine McDonnell is confident that will grow dramatically as the trend toward requiring computer science education expands.
Carmel-based Orbis Education to be acquired for $362.5M by public company
Orbis was founded in 2003 by Daniel Briggs, who now serves as the company’s chief growth officer. The firm markets and manages health care programs for academic institutions and health care systems.
Former ITT Tech students get $600M in debt relief from bankruptcy judge
A federal bankruptcy judge in Indianapolis has given final approval to a $600 million settlement that will affect about 750,000 former students of ITT Technical Institute
For-profit college chain closes schools, including local Brightwood College
Birmingham, Alabama-based Education Corp. of America said it was closing campuses in more than 70 locations in 21 states.
University researchers make discoveries count as entrepreneurs
A few influential “serial entrepreneurs” in Indiana universities feel an itch to turn their discoveries into products and companies, over and over again.
Perceivant’s digital course work finds following at 14 colleges
Leaders at locally based Perceivant hope to move to the head of the class with a platform they say offers a unique blend of customization and two-way communication between students and their instructors.
Marian University to partner with Saint Joseph’s on new two-year college
The college will open adjacent to the Marian campus in Indianapolis, but the institutions will study whether it makes sense to expand to other areas of the state. One location that will be studied is Saint Joseph’s closed campus in Rensselaer.
For-profit educator Harrison College going out of business
Harrison, which was founded in Marion in 1902 as Indiana Business College, said it would close all of its campuses in three states on Sunday.
Education chief loses student loan lawsuit brought by 19 states
Education Secretary Betsy DeVos' move to delay Obama-era regulations to help students defrauded by for-profit colleges was dealt a setback Wednesday.
Full loan relief rare for students defrauded by for-profit colleges
The Trump administration is granting only partial loan forgiveness to the vast majority of students approved for help because of fraud by for-profit colleges, according to preliminary Education Department data.
For-profit colleges have more support, but complaints persist
Education Department documents show that students filed nearly 24,000 federal fraud complaints between President Donald Trump's Jan. 20, 2017, inauguration and April 30 this year, almost entirely against for-profit colleges.
Watchdog says Education Department stonewalling student loan suit
The Consumer Financial Protection Bureau is suing Navient Solutions, but says the Education Department is impeding the lawsuit. Navient has hundreds of employees in the Indianapolis area.
Bankruptcy trustee files $250M suit against ITT Tech’s former CEO, directors
The lawsuit alleges that ITT Educational’s bankruptcy and the closure of its 130-school chain could have been avoided or minimized if the board of directors had fulfilled its duties instead of focusing on keeping former CEO Kevin Modany happy.
Local ed-tech firm acquired by industry goliath, to keep local presence
VeriCite Inc., a Fishers-based maker of plagiarism-detection software, is being acquired by Turnitin, a Silicon Valley-based leader in the plagiarism-detection industry. Turnitin officials said they will maintain and grow its local presence.
Lawsuit claims for-profit school with Indy campus defrauded government
A former National American University official alleges that the South Dakota-based for-profit college system defrauded the federal government out of millions through student loans, according to a federal lawsuit.
Butler closes on purchase of seminary buildings, 40 acres of land
Butler University’s College of Education plans to move into the main Christian Theological Seminary building in the 2018-2019 academic year.
Firm that makes plagiarism-detection software gets boost from Indy entrepreneur
Ray Henderson, who operates the boutique advisory firm Lessons Learned Ventures LLC, said he has joined the board of VeriCite as chairman with plans to “build the business in Indiana.”
ITT failure a calamity, but former execs say not fraud
The SEC broadly charges that two former ITT Educational Services executives concealed from investors the “extraordinary failure” of two off-balance-sheet student loan programs ITT helped set up in 2009 after the financial crisis shut down the market for traditional private education loans.
Education Department might only partly forgive some student loans
The Department of Education is considering only partially forgiving federal loans for students defrauded by for-profit colleges, according to department officials, abandoning the Obama administration's policy of erasing that debt.