Butler may buy Christian Theological Seminary property in bid to expand campus
The agreement would allow Christian Theological Seminary to receive a 100-year lease to remain on its 40-acre campus.
Education Finance
Articles
Lumina kicks venture capital arm into high gear
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.
DeVos expected to reveal school choice plan at local event
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.
How long can Purdue’s tuition freeze last?
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.
More than 2,000 in Indiana eligible for student loan cancellation
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.
Three Hamilton County school districts asking voters to OK referendums
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, 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.
Indiana House passes Gary, Muncie schools takeover bill
The bill creates a blueprint that could be used to take over other distressed school districts in the future.
Art education fundraising firm crafting $4M office at Fort Ben site
The local company considered buying its current home before hitting the drawing board and launching plans to build its own space.
Wise investment? Voucher system’s effectiveness tough to judge
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.
Student loan defaults on the increase, study finds
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.
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.
IPS likely to ask taxpayers for property-tax increase
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.
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.
Consumer agency accuses Navient of ‘systematically’ cheating borrowers
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 urge ‘aggressive’ action from lukewarm lawmakers
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.
Tindley Schools network taps former principal for CEO job
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.
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.