ITT Educational Services took it on the chin in the fourth quarter as big payments stemming from a 2009 student-loan arrangement forced an $11.6 million loss. Adding to the woes is another probe by the federal government.
For-profit colleges, bruised by years of investigations and rule-making, may face additional financial pressure from a new wave of state probes by attorneys general and the U.S. Consumer Financial Protection Bureau.
The Rev. John Jenkins, the university president, called it "the most ambitious building project in the 172-year history of Notre Dame," saying more space was needed to accommodate the university's broadening research activity.
For-profit education companies are facing public criticism and regulatory scrutiny over high drop-out rates, graduates' poor job prospects and the high debt levels of its students.
Four in 10 students using vouchers never attended an Indiana public school, even though the original 2011 law that authorized the program required it.
House Bill 1349 would establish a Classroom Expense Fund, from which money would be advanced to educators across the state.
The bill would add an intern-hiring incentive to the Economic Development for a Growing Economy program, commonly known as EDGE.
The grants went to 10 organizations working to help support teacher recruitment and training in the areas of science, technology, engineering and math.
A Texas-based education organization with approval to open two Indianapolis charter schools teaches creationism and Christian-based character virtues, according to an article by Slate.com. It has prompted an expedited review of the group’s curriculum by Indianapolis and state education officials.
Project Lead the Way Inc., a not-for-profit education group that moved its headquarters from New York to Indianapolis in late 2011, plans to spend $1.7 million to expand its headquarters at The Precedent Office Park.
A bipartisan group in the Indiana House is working to give some public elementary or high school teachers $9,000 towards their student loans after three consecutive years of teaching.
Notre Dame is ending its 17-year relationship with Adidas and switching to Under Armour Inc. with a 10-year deal it calls the biggest of its kind in the history of college athletics.
A state law intended to make sure cash-strapped public school districts pay their debt could have an unintended consequence: permanently parking the yellow buses that deliver students to class.
Under the program, families earning less than 185 percent of the federal poverty level would get state aid to send their children to preschool.
For the third straight year, Sen. Jean Leising has convinced the Indiana Senate Education Committee to advance a bill that requires schools to teach cursive writing.
Senate Bill 159, authored by Sen. Luke Kenley, R-Noblesville, would allow the creation of new adult high schools and create an appropriation for the charter schools so they don’t pull their funding from K-12 funds.
IPS received 0.96 points, on a 4-point scale, based on its students’ performance in the 2012-13 school year—just shy of the full point needed to earn a D grade. Still, IPS’s score was greatly improved from the previous year.
Mitch Daniels said he plans to call on Purde trustees to extend the two-year tuition freeze for one more year as part of a push to make the university more attractive and affordable for families.
As its current deal with Adidas expires, the university is poised to sign an apparel deal with Under Armour valued at $8 million to $10 million annually.
A southern Indiana school system has reduced the number of credits required for a high school diploma for students this year, saying its higher standard put it at a disadvantage with neighboring districts.
