ITT Educational calling it quits after lender seizes bank accounts
The Carmel-based for-profit educator, which last week shut down all 136 of its ITT Technical Institute campuses in 38 states, said it will “cease all operations” on Friday.
Colleges and Universities
Articles
Former ITT Tech students launch federal debt strike
More than 100 former students of now-closed ITT Technical Institutes announced Wednesday they'll no longer make payments on their federal student loans, part of a revolt against what they call the Obama administration's negligence in policing for-profit colleges.
Republican delegation wants GI Bill benefits returned to ITT Tech students
Six of Indiana’s U.S. representatives filed legislation Tuesday to help veterans regain their GI Bill education benefits after the closure of ITT Technical Institute.
Purdue University reports main campus enrollment record
Purdue's announcement comes after Indiana University reported a record mark of some 43,200 students enrolled at its Bloomington campus for the fall semester.
ITT is gone, but challenges facing for-profit schools live on
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.
What’s next for ITT students and their half-billion dollars in debt?
The closure of ITT’s 136 campuses threatens to throw some 29,000 indebted students off their educational tracks, and to saddle taxpayers with nearly a half-billion dollars in losses.
ITT Tech won’t say whether it will file for bankruptcy protection
The company will begin the process of liquidating, which will include selling off its Carmel headquarters and other real estate.
ITT Tech to cease operations, cut nearly 8,000 employees
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.
Indiana University sets new enrollment record
Elsewhere in Indiana, universities are seeing mixed results with their enrollment.
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.
Purdue and Ivy Tech launch aviation-maintenance partnership
A new partnership between the Purdue Polytechnic Institute and the Lafayette campus of Ivy Tech Community College might help fill the employment pipeline for the $100 million-plus jet engine plant that General Electric recently built in Lafayette.
Retirements, stiffer training requirements fuel pilot shortage
A University of North Dakota study predicts that annual pilot deficits will escalate over the next decade and will total 15,000 by 2026.
Butler debuts $43M dorm, prepares to demolish another
The work is all part of a long-term university plan that includes more than $130 million in new construction.
Enrollment, expectations up at Ivy Tech’s Noblesville campus
Enrollment at the newest of Ivy Tech Community College’s 32 campuses is growing, despite falling attendance at some of the college’s other locations.
UPDATE: Feds ban ITT Educational from enrolling students on federal aid
The decision is a potential death blow to Carmel-based ITT, which derives most of its revenue from federal loans and grants. Its stock was halted Thursday after shares fell 35 percent.
Burke ready to pass baton to Purdue’s new athletic director
After spending almost 25 years as the front man for Boilermaker sports, Morgan Burke is ready to step down and revel in becoming just another fan.
Indiana University freshmen set record GPA, test scores
Data from Indiana University’s enrollment office show that this year’s freshman class might not be the largest, but they could be the smartest.
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.
Ivy Tech welding program offers more than just certification
Welding, cutting, soldering and brazing are lumped together and rank high on the Hoosier Hot Jobs list.
IU lands record amount of research, philanthropy funds
Indiana University has brought in more money during the previous fiscal year than ever before—nearly $944 million.