What did ITT in? Short-sighted thinking, critic says
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.
Higher Ed
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Group delays decision on ITT Educational’s accreditation
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.
Purdue University struggles to support Indiana winery boom
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.
HOOSIER BEACON: Herman Wells dedicated his life to IU
Wells sought to internationalize IU, strongly supporting education in foreign languages and cultures. Yet he never forgot that IU is Indiana’s University.
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.
Ellspermann hopes to ‘blow barriers out of the way’ to solve Ivy Tech challenges
The former lieutenant governor envisions a first day of classes where students meet their future employers.
Sources: Ellspermann will be next Ivy Tech president
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.
Another record-setting class for Rose-Hulman women
For the second straight year, Rose-Hulman Institute of Technology has admitted a record number of female students.
Workforce challenges a drag on aviation, aerospace industries
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.
Ballard withdraws name from Ivy Tech presidential search
Former Indianapolis Mayor Greg Ballard interviewed for the job but said he now plans to pursue other opportunities.
Pence faces tough decision over campus police records bill
Gov. Mike Pence has a government transparency dilemma on his hands after an Indiana Court of Appeals decision.
IUPUI institute focuses on sports industry, deals with ‘marquee’ partners
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.
Higher ed commission program encourages college dropouts to return
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.
Higher education officials want improvements from Ivy Tech
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.
For ITT Educational, a hard fall and a long road back
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.
Defining value: Colleges partner with Gallup to learn more about grads
Several public and private Indiana colleges are following the example set by Purdue University, which used surveys to learn how experiences in school have affected the quality of graduates’ lives today.
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.
Purdue extends Daniels’ contract with bonuses, ‘at risk’ pay boost
Purdue has extended Mitch Daniels’ contract as president through 2020, keeping his base salary at the same level but adding bonuses for years served and increasing potential pay for meeting goals.
UIndy to offer two engineering degrees in 2016
Students will choose between undergraduate degrees in industrial engineering and software engineering, specialties that are not as widely available in central Indiana.
Indiana University launching $300M research program
University officials hope the "Grand Challenges" research program will provide solutions for problems such as global water supplies, energy availability and infectious diseases.