Despite the pandemic, Cloverdale-based educational software company Standard for Success saw solid—and somewhat surprising—growth last year, and the firm’s founders project strong double-digit growth this year.
The change could lead to $1 billion in loans being canceled for 72,000 borrowers, all of whom attended for-profit schools, the Education Department said.
Open LMS isn’t wasting any time making its mark locally and globally. London-based Learning Technologies Group launched the company in Indianapolis in March, and its already acquired two competitors and put them under the Open LMS umbrella, growing its staff.
Here are six companies and one not-for-profit organization from central Indiana that are experimenting in the ed-tech sector.
The collapse of for-profit chains Corinthian Colleges and Carmel-based ITT Technical Institutes ushered in a flood of claims that are still being resolved.
London-based Learning Technologies Group has announced Indianapolis will be the headquarters of its new learning-management subsidiary, a boost to the city’s already growing educational technology sector.
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.
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.
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.
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
Birmingham, Alabama-based Education Corp. of America said it was closing campuses in more than 70 locations in 21 states.
A few influential “serial entrepreneurs” in Indiana universities feel an itch to turn their discoveries into products and companies, over and over again.
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.
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.
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 Secretary Betsy DeVos' move to delay Obama-era regulations to help students defrauded by for-profit colleges was dealt a setback Wednesday.
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.
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.
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.
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.
