Some Indianapolis charters see financial position weaken
Mayor’s report shows smaller cash reserves for many schools, but one charter operator blames late government payments.
Education Finance
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COPPER: Misunderstandings put Indiana school funding in a bind
State government overreacted in its attempts to reign in construction costs, and should seek middle ground
Purdue to slice benefits for staff, techology costs
University will cut employee benefits, retirement contributions and information technology services to partially close a $67
million budget deficit for the West Lafayette campus
Bill to hold back some 3rd-graders has steep cost
Indiana Senate Education Committee votes 8-3 to advance the bill, which now moves to the Senate Appropriation Committee.
School foundations step up to pay for programs as funding dries up
The Washington Township Schools Foundation on the north side is among those that wants to raise money
for buildings and other high-cost needs.
Facing lower state funding, IU cuts spending by $177M
The university said Wednesday it will see about $1 billion in savings over the next decade as a result of the continuing university-wide
cost-containment effort.
Daniels: Education funding cuts needed to stay in black
Gov. Mitch Daniels said Tuesday he will cut state spending on public schools by at least $300 million given a new revenue
forecast.
Obama reforms not necessarily dire for Sallie Mae in Indiana
The plan to nationalize the federal student loan program threatens to force Sallie Mae
to hack its network of 26 offices down to five. Yet the company’s Indiana operations have several advantages that could
help weather the cuts.
College building boom puts Indiana in tough situation
The state has approved more than $1 billion in university projects in the last 18 months.
Purdue plans ahead for possible $70M shortfall
Purdue has already cut positions and withheld pay increases. Now the school is starting to plan for long-term ways to operate
in a slumping economy.
Voters OK Hamilton Southeastern school-funding tax hike
Voters in the Hamilton Southeastern school district on Tuesday overwhelmingly approved a bump to their property taxes to provide
the growing system an extra $5.5 million in funding each year for the next seven years.
Indiana voters trending against schools in tax votes
Indiana voters seem willing to pay more in property taxes to help school districts cover operating costs. The results of last
week’s referendums, however, continue the trend against supporting plans for bigger, better schools during tough economic
times.
Education cuts could be coming, state schools chief says
Indiana’s school chief warned school superintendents Thursday that declining state revenues could force cuts in public education
spending, education officials said.
Beech Grove school referendum passes, two others fail
Voters in Beech Grove on Tuesday endorsed a tax increase to keep school buses operating, while other education-related measures in two Marion County townships failed.
State colleges waiving application fees this week
Indiana high school seniors who apply for admission this week to 38 colleges and universities in the state won’t have to
pay admission application fees.
House bill puts state student-loan jobs in danger
The U.S. House of Representatives is nearing a vote to push private lenders out of the federal college loan business—a
move that could cost Indiana hundreds of jobs.
Purdue to increase financial aid, give fee rebates
Purdue University says it will increase financial aid to certain students to offset this year’s tuition increase.
IU offering in-state tuition grants in wake of criticism
Indiana University will be offering grants to in-state students starting next year to help lessen the impact of tuition increases.
Sallie Mae rallies over jobs in Fishers
Sallie Mae CEO Al Lord visited the company’s Fishers office this morning in his latest effort to get the word out that his
business and his employees’ jobs are threatened by a government proposal.
HICKS: As classes begin, students have fresh opportunity
Classes start this week at Ball State University, and other colleges and universities across the country. For many, it is
a bittersweet moment, as parents say goodbye to their now young adults, handing them over to professors and scarily youthful
resident hall assistants for safekeeping.