Over the past year, Indianapolis-based Lumina Foundation has aggressively moved in a novel direction for a grant-making not-for-profit, funneling more of its $1.2 billion endowment into venture capital.
U.S. Secretary of Education Betsy DeVos is among several well-known names slated to appear Monday in Indianapolis at the annual summit for the American Federation of Children.
President Mitch Daniels said he didn’t think the school could keep tuition costs down as long as it has and he’s disappointed other colleges haven’t followed suit.
Indiana residents who attended schools operated by Corinthian Colleges Inc. are eligible for cancellation of federal student loans used to pay tuition, Indiana Attorney General Curtis Hill said Wednesday.
Carmel Clay Schools and Sheridan Community School Corp. on Tuesday will ask voters to approve a seven-year tax hike for operational funding, and Westfield Washington Schools will ask to cover $90 million in construction projects.
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.
The bill creates a blueprint that could be used to take over other distressed school districts in the future.
The local company considered buying its current home before hitting the drawing board and launching plans to build its own space.
Over six years, the state has spent more than a half billion dollars on vouchers. During that time, Indiana’s program has expanded, giving more students access to vouchers than in any other state—despite mixed evidence from researchers that vouchers help students achieve.
A new analysis of government data by the Consumer Federation of America found that the number of Americans in default on their student loans jumped by nearly 17 percent last year.
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.
Superintendent Lewis Ferebee said he believes the district will “absolutely” need to have a referendum for more funding to pay teachers at the current rate and potentially increase pay in the future.
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.
Navient Corp. has been sued by a U.S. regulator over allegations that the student loan giant failed to properly service private and federal loans. Navient has major operations in Indiana.
Preschool advocates want the Indiana Legislature to spend $50 million a year to expand the state’s pilot program. So far, lawmakers seem cool to that idea.
Kelli Marshall will permanently replace Marcus Robinson, who resigned earlier this year after questions about the financial state of the network and his lavish spending as CEO.
Campus housing costs will range from about $2,500 to $9,500 per academic year depending on what kind of facilities students choose.
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.
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.
Restrictions put in place over the past few years on how much school districts can collect from property taxes mean districts have to more frequently ask voters through referendums to pay more in taxes to support schools.
