Brown Mackie to close Indianapolis campus in nationwide retreat
The for-profit educator has struggled with demand at 22 of its 26 locations nationwide. The college also just emerged from deep legal trouble as the result of its recruiting practices.
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Washington Township residents weigh tax increase for schools
The district is hoping to raise $185 million for construction and $6.5 million for its general fund, which covers day-to-day expenses.
Senate report: Illegal immigration costs state $131M
The study factored in K-12 education, health care and incarceration costs. But advocates say undocumented immigrants also add to the economy by paying taxes and purchasing goods.
Schools, state trying to boost college affordability
Has Indiana made any progress in tackling student debt since students started racking it up through the Great Recession? The answer is somewhat complicated, higher education finance experts say.
Shrinking enrollment hurts ITT Educational results
Carmel-based ITT Educational Services Inc. on Friday reported a smaller quarterly profit and shrinking revenue amid dwindling student enrollment at its ITT Technical Institute campuses.
Hamilton County schools worry how voter turnout will impact referendums
Hamilton Southeastern Schools and Noblesville Schools are proposing tax-raising referendums on the ballots next week. There’s concern that hotly contested primary races will bring naysayers to the polls.
UPDATE: House panel advances contentious teacher pay bill
A House Education committee on Monday advanced a contentious proposal to give Indiana school districts authority to negotiate higher pay with individual teachers.
Tindley Schools CEO Marcus Robinson has resigned
Robinson had served at Tindley for 12 years and helped grow it from one school to six schools. But more recently, he had been under fire for using a company credit card to pay for top-tier hotels and first-class flights.
Bill would expand voucher program with mid-year school switch
Supporters say the bill would help students who have been expelled or dropped out of school get back on track, while critics contend it’s too broad.
Cash-strapped Tindley sued over staffing agency fee
Pinnacle Partners Inc. has sued the charter school operator for allegedly failing to pay its $15,000 finder’s fee for placing a staff accountant. Tindley recently missed ambitious enrollment targets, creating a cash crunch.
Purdue signs firm to examine student income-share deals
Purdue University is taking the next step toward a controversial program in which students could get financial help for school from so-called investors in exchange for some of their future earnings.
Charters awarded $40M in loans from controversial state program
Indiana’s State Board of Education on Friday said it had received requests for a total of $77M in loans from 33 charter schools, exceeding the funding approved for the $50M program.
Public colleges lift the bar on fundraising campaigns
Public U.S. colleges are growing more ambitious in the philanthropy race with multi-billion campaigns. An Indiana philanthropy expert says doing so could give lawmakers an excuse to further cut appropriations for higher education.
State lawmaker floats pension alternative for new teachers
A key state lawmaker says he plans to sponsor a bill in the next legislative session that would allow new teachers to choose a retirement program similar to a 401(k) plan instead of the traditional pension system.
Zoeller opposes robocalling by student-loan debt collectors
Indiana Attorney General Greg Zoeller is urging Indiana members of Congress to work to restore a longstanding prohibition on student loan debt collectors from using robocalls to cellphones.
Feds hit ITT Educational with more restrictions
The Obama administration on Monday placed additional restrictions on how ITT Educational Services Inc. uses federal student loans, moving the Carmel-based operator of for-profit colleges one step closer to losing access to federal funds.
Supreme Court could weigh in on student debt battle
The lawsuit asks the court to clarify 1970s-era rules that prevent borrowers from getting rid of education debt in bankruptcy, except in cases in which repaying it would constitute an “undue hardship.”
Federal suit: College prep firm insolvent, owes millions
A credit union that holds loans on thousands of prospective college students is suing an Indianapolis-based college-test-preparation company, alleging that it owes it more than $12 million.
Student-loan giant USA Funds overhauls mission
USA Funds’ business is dying. But the Fishers-based not-for-profit with nearly $600 million in annual revenue is determined to find new life helping students pay for college degrees.
Purdue seeks partner for financial aid alternative
Under the plan, a student draws from an investment pool to get money to pay for tuition and agrees to repay with a portion of the student's future income over a fixed period of time.