Former Ivy Tech, ITT execs form firm
Former Ivy Tech Community College President Tom Snyder and at least four former ITT Educational Services officials have banded together to start an education-services company.
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Eleven Fifty Academy extends flagship program
The not-for-profit coding academy in Fishers is trying to meet employer needs by offering a longer coding class and then tacking on 12-week internship and 12-month apprenticeship opportunities.
Embattled businessman Eyler files for bankruptcy
The filing follows a wave of lawsuits filed against Gary Eyler in connection with the collapse of The College Network, a company he founded in 1995 that provided online test-prep materials for college entrance exams.
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.
House advances bill for offering 401(k)-style retirement plan to new teachers
The plan would be offered to teachers as an alternative to the current pension-style plan. Some fear the state eventually could try to phase out the latter.
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.
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.
New owner of local Sylvan centers moving all three
Following his recent purchases, Ken Kolbow plans to move the tutoring facilities to locations where he thinks he can attract more students.
Former ITT students seek creditor status in school’s bankruptcy case
Five former ITT Educational students filed a motion asking that they—and thousands of other students who attended the school between 2006 and 2016—be recognized as creditors as the school’s bankruptcy case moves forward.
Purdue freezes room, board rates for fifth year in a row
Campus housing costs will range from about $2,500 to $9,500 per academic year depending on what kind of facilities students choose.
USA Funds to shed role as student loan guarantor
The Fishers-based not-for-profit announced Wednesday that it will transfer ownership of two affiliates—United Student Aid Funds and Northwest Education Loan Association—to Madison, Wisconsin-based Great Lakes Higher Education Corp. on Jan. 1.
Indy charter school struggling with unexpectedly low enrollment
Ace Preparatory Academy, started by an aide to former Indiana schools superintendent Tony Bennett, is at about 22 percent of its initial expected enrollment, with just 33 students as of Oct. 19.
Feds, ‘encouraged’ by Tindley’s financial efforts, award network $1.9M grant
The Indianapolis charter network was the only Indiana charter network to win one of the grants.
UPDATE: Government severs ties with Harrison College accreditor
Hundreds of for-profit colleges could close, leaving up to 600,000 students scrambling to find other schools, after the Education Department withdrew recognition of the nation's largest accreditor of for-profit schools.
ITT Educational Services files for bankruptcy after shutdown
The Carmel-based, for-profit educator began liquidation proceedings Friday after closing 136 technical schools, leaving over 35,000 students stranded in one of the largest college shutdowns in U.S. history.
ITT Educational hires liquidator to sell off ‘all’ assets
ITT Educational Services Inc., the 70-year-old for-profit college operator that shut down its 136 technical schools last week, has hired advisers to liquidate its assets, according to one of the firms brought in to handle the sales.
ITT Educational calling it quits after lender seizes bank accounts
The Carmel-based for-profit educator, which last week shut down all 136 of its ITT Technical Institute campuses in 38 states, said it will “cease all operations” on Friday.
Former ITT Tech students launch federal debt strike
More than 100 former students of now-closed ITT Technical Institutes announced Wednesday they'll no longer make payments on their federal student loans, part of a revolt against what they call the Obama administration's negligence in policing for-profit colleges.
Republican delegation wants GI Bill benefits returned to ITT Tech students
Six of Indiana’s U.S. representatives filed legislation Tuesday to help veterans regain their GI Bill education benefits after the closure of ITT Technical Institute.
VA unable to reinstate GI Bill benefits for ITT students
Indiana Gov. Mike Pence wants the U.S. Department of Veterans Affairs to reinstate GI Benefits for students who enrolled in ITT Technical Institute, but that may not be legally possible.