College endowments suffer ‘lost decade’
Officials overseeing endowments at some of Indiana’s colleges and universities have cut back on spending, or are considering doing so, after struggling to grow their funds over the past decade.
Colleges and Universities
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Many public universities now using private planes
At Ohio State University, football coach Urban Meyer and members of his family took 11 personal trips last school year at a cost to the university of $120,000. Purdue University flew an alumnus from Rhode Island for $15,000.
Purdue considering new names for Fort Wayne campus
The boards of both universities approved plans in December for splitting up programs starting in July 2018 at what is now Indiana University-Purdue University Fort Wayne.
Purdue University tackles cheating, academic dishonesty
Students say cheating and academic dishonesty have become commonplace at the school.
Purdue Polytechnic project hits snag on city’s east side
The planned high school for STEM studies announced with fanfare last year that it would move into the P.R. Mallory factory site, but leaders encountered a financial hurdle and now are keeping their options open.
Ball State decides against giving up TV station frequency
The decision comes after the university had considered giving up the WIPB-TV frequency in a Federal Communications Commission auction aimed at freeing up bandwidth for mobile devices.
St. Joseph’s College alumni try to save their alma mater
Alumni say they knew little about the college’s dire financial standing before the board of trustees decided Feb. 3 to close for at least the 2017-18 school year.
Saint Joseph’s College says financial woes led to suspension of operations
The Catholic institution in Rensselaer had been operating on an annual deficit of $4 million to $5 million year after year and has exhausted all its credit.
Former higher ed chief Stan Jones dies
Jones was a behind-the-scenes architect of Gov. Frank O’Bannon’s efforts to create a community college system.
NCAA to pay $208M settlement in antitrust case
The Indianapolis-based NCAA has agreed to pay $208.7 million to settle a federal class-action lawsuit filed by former college athletes who claimed the value of their scholarships was illegally capped.
Daniels calls Trump’s immigration order ‘bad idea,’ urges him to revoke it
The Purdue University president said in a written statement that "if the idea is to strengthen the protection of Americans against terrorism, there are many far better ways to achieve it.”
Will Butler’s basketball success lead bigger schools to recruit its coach?
Four of Butler’s last five coaches have moved on to bigger, better-paying programs.
Ball State fills yearlong vacancy in president’s office
Ball State University’s trustees hired Geoffrey S. Mearns as president Tuesday, a year after the school’s previous leader resigned without explanation. He expects to take the new job by August.
Bankruptcy trustee appears poised to sue former ITT brass
Deborah Caruso has launched a no-holds-barred inquiry into the defunct company's business practices and is seeking documents and depositions from the accounting firms that audited its books.
Holcomb seeks $2 million per year to provide free training for high-demand jobs
The plan to skill up Indiana’s adult workforce could help prepare the state to fill an estimated 1 million jobs by 2025, most of which will be openings created by the impending retirements of baby boomers.
New scholarship for teaching garners interest from students
The $7,500 annual scholarship will cover about one-third of costs at a public college in Indiana beginning in the 2017-2018 academic year. The median cost in a public college in Indiana is $21,000 per year.
Ed-tech startup raises $1.25M from investors, including Simon family members
This is the second capital raise for ClearScholar, which runs an app for college students that aims to be a primary digital destination for school information.
Butler team plane loses pressure, scaring team, staff
The charter plane was flying from LaGuardia Airport to Indianapolis after Thursday’s 76-73 loss to St. John’s.
IUPUI awarded $1.5M to help manufacturers find energy savings
The school’s program already has recommended $11 million in savings for more than 75 companies since 2011.
Email reveals rifts between ex-Ball State chief, board chair
A Muncie newspaper has obtained an email revealing tension between former Ball State University President Paul Ferguson and the school’s governing board chairman before the president’s sudden exit.