Samuel Odle, a former hospital executive who was elected to the IPS board in 2012, served on ITT’s board of directors since 2006. The for-profit higher education company closed in September in the wake of federal sanctions.
University officials on Friday lauded President Mitch Daniels for his performance, approving 96 percent of his incentive pay after a review of his efforts during the past year.
The question that dragged down ITT Educational Services—whether its expensive diplomas were leaving students awash in debt while failing to properly prepare them for gainful employment—will continue to hang over other players in the for-profit education industry.
The company will begin the process of liquidating, which will include selling off its Carmel headquarters and other real estate.
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.
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.
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.
The Purdue Wine Group Team has fewer resources to take care of the larger and growing industry because of a decline in the amount of funding the program is receiving from a state excise tax.
Wells sought to internationalize IU, strongly supporting education in foreign languages and cultures. Yet he never forgot that IU is Indiana’s University.
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.
The former lieutenant governor envisions a first day of classes where students meet their future employers.
Ivy Tech’s board of trustees is expected to vote Wednesday afternoon to approve former Indiana Lt. Gov. Sue Ellspermann’s appointment, according to sources close to the decision-making process.
For the second straight year, Rose-Hulman Institute of Technology has admitted a record number of female students.
A surge of people retiring from the fields has created a talent shortage, and recruiting and training enough workers remain vexing challenges for companies, according to executives at an IBJ event Thursday.
Former Indianapolis Mayor Greg Ballard interviewed for the job but said he now plans to pursue other opportunities.
Gov. Mike Pence has a government transparency dilemma on his hands after an Indiana Court of Appeals decision.
The Sports Innovation Institute, a first-of-its-kind, interdisciplinary program, will work to elevate the status of Indianapolis as a hub for innovation and as a sports capital, organizers say.
More than 750,000 Indiana residents have attended some college but quit before completing their degrees. Now, state higher education officials are working with schools to make it easier for those Hoosiers to finish their degrees.
The Commission for Higher Education ordered Ivy Tech to review its academic programs by March 1 and either discontinue or improve those that have low enrollment and graduation rates.
ITT lawyers are zeroing in on cleaning up the legal quagmire—and they’re starting to have success. Without admitting liability, ITT in November reached agreements to settle securities lawsuits in Indiana and New York for a total of $29.5 million, with $25 million to be paid from the company’s insurance coverage.
