Carmel-based ITT Educational Services Inc. announced Tuesday morning that it will permanently “discontinue academic operations” at all ITT Technical Institutes campuses. The company blamed the closure on “inappropriate and unconstitutional” federal sanctions.
Critics worry the accounts would be too unregulated and could divert even more money from public schools.
Elsewhere in Indiana, universities are seeing mixed results with their enrollment.
Under CEO Kevin Modany's stewardship over the past decade, ITT Educational Services Inc. has seen its stock market value drop from $2.9 billion to $8 million.
A new partnership between the Purdue Polytechnic Institute and the Lafayette campus of Ivy Tech Community College might help fill the employment pipeline for the $100 million-plus jet engine plant that General Electric recently built in Lafayette.
A University of North Dakota study predicts that annual pilot deficits will escalate over the next decade and will total 15,000 by 2026.
Indiana Superintendent of Public Instruction Glenda Ritz's office approved a lucrative technology contract that state government officials said should have been subject to competitive bid, awarding it to a company that later gave one of her key aides a senior job.
The work is all part of a long-term university plan that includes more than $130 million in new construction.
Jennifer McCormick, a school superintendent from Yorktown running for Indiana superintendent of public instruction, has revealed details of how she’d like to see Indiana’s testing system change.
Shares in ITT Educational Services Inc. went into a freefall Friday, one day after the U.S. Department of Education banned the company from enrolling new students who receive federal aid. Analysts said ITT isn’t likely to survive the decision.
The changes are part of a district-wide plan to separate middle school students from combined middle-high schools.
Enrollment at the newest of Ivy Tech Community College’s 32 campuses is growing, despite falling attendance at some of the college’s other locations.
The decision is a potential death blow to Carmel-based ITT, which derives most of its revenue from federal loans and grants. Its stock was halted Thursday after shares fell 35 percent.
After spending almost 25 years as the front man for Boilermaker sports, Morgan Burke is ready to step down and revel in becoming just another fan.
The 10-year sponsorship deal, approved by the Avon School Board of Trustees, names Andy Mohr as the district’s exclusive “automotive partner.”
The merger will create a group called Goodwill of Central & Southern Indiana that will cover 39 counties ranging from north-central Indiana to the Ohio River.
Data from Indiana University’s enrollment office show that this year’s freshman class might not be the largest, but they could be the smartest.
The Republicans and Democrats running for governor and state superintendent say they’ll focus their energy on kids, although they have different plans to do so.
Carmel-based for-profit college operator ITT Educational Services Inc. has received a brief reprieve from its accreditor, which has delayed making a decision that could potentially devastate the embattled company.
Indianapolis Public Schools might be losing a few high schools in the coming years, but with The Mind Trust’s support, two charter high schools could open as soon as next fall.
