Student lender Sallie Mae has reached a $60 million settlement with the Justice Department to resolve allegations that it charged members of the military excessive interest rates on their student loans, the federal government announced Tuesday.
Indiana Department of Education officials said Tuesday that they expected to hear about concerns with the state's No Child Left Behind waiver last fall, but federal monitors delayed releasing the report until last month without explanation.
Net income growth among nine big credit unions serving the metro area moderated in 2013 after record earnings for the industry locally and largely across the nation in 2012.
Federal monitors found trouble with outreach to low-performing schools and with teacher evaluations. They also raised concerns over the state's decision to exit national Common Core standards.
The hope is to convert up to half of the Navy and Marine Corps' energy to alternative sources such as biofuels by 2020 using energy conservation, renewable-energy generation and new technologies.
Purdue officials say summer semester enrollment is running about 11 percent ahead of last year, including a 16-percent jump among undergraduate students.
Indiana residents are having a change of heart as struggling school districts come to them with requests for more money.
U.S. Education Secretary Arne Duncan asked Indiana officials to provide his staff regular updates on how the state plans to address concerns with its No Child Left Behind waiver ahead of a June 30 deadline.
When Tom Hanley couldn’t get large charitable foundations to support a wellness program he developed for central Indiana youth, he switched gears and adopted a fee-for-service model underwritten largely by sponsorships.
But in an interview with IBJ, ITT Educational Services CEO Kevin Modany asserted that for-profit colleges are a good deal, that they produce better results than community colleges, and that they are critical for the state and nation to close the skills gap among workers.
Debasish "Deba" Dutta will take over as the university's next provost on July 1. He replaces Tim Sands as Purdue's top academic administrator.
Three cash-strapped Indianapolis-area school districts received voter approval Tuesday for property-tax hikes.
More than 20,000 credentials will be awarded to students at 14 Indiana sites this week and next. It's the first time the number of graduates passed the 20,000 mark.
IndyGo is updating its past studies on the feasibility of serving IPS high schools. A past study found that IPS spent $1,520 per student a year on transportation, while a city bus pass costs $330.
Indiana's efforts to set its own educational course could be in danger if the state fails to correct issues with the implementation of its No Child Left Behind waiver, the U.S. Department of Education said.
Purdue University received 6,500 donations ranging from $10 to more than $1 million each during its inaugural Day of Giving.
The envisioned 26-acre, $200-million-or-more complex would bridge IU’s School of Medicine with the city’s life sciences firms, including those at the nascent 16 Tech, a business park.
Purdue University President Mitch Daniels said his trip to a conference in Georgia attended by several Republican presidential hopefuls was a chance to promote the school and meet potential donors.
Fort Wayne Community Schools announced it has dropped the online version of the ISTEP following issues with a practice run last week, and Wayne Township schools in Indianapolis is also trading computer testing for traditional paper tests.
One of the first states to adopt Common Core standards became the first state to formally abandon the national benchmarks.
