Quest for new rocket fuel leads scientists to kitchen
At Purdue University, the quest for a new missile and spacecraft fuel has
brought together an oil-and-vinegar mix of rocket scientists and food scientists.
Colleges and Universities
Articles
529 Plans remain solid vehicle
Indiana’s CollegeChoice 529 Plans offer a number of great investment options to save for children’s college costs.
Papa’s college funds hit the skids
When I read the year-end statements from the 529 College Saving Plans I had established for the benefit of my grandchildren, I felt lower than a snake’s belly.
NASA contracts soaring
NASA begins to award more grants to Indiana firms and universities.
College costs must be controlled
Colleges must control costs so that students, particularly those from low-income families, can afford higher education without
going into tremendous debt.
Universities need to rein in tuition
Unfortunately, there’s a major stumbling block to education beyond high school — too many people in the state simply
can’t afford it.
Central Indiana colleges on alert to slow spending
Most colleges and universities in central
Indiana are being especially frugal because the value of their university endowments has plunged along with the market,donations
may decrease, and enrollment may decline, due to lack of student loan availability.
Greenfield trying to grow post-secondary presence to aid economic development
If certain people in Hancock County have their way, one of the fastest-growing new industries here could be adult education.
Almost half of Martin U.’s trustees resign
Seven Martin University trustees have resigned this year, and at least two say President Algeania Freeman’s methods were a factor.
Martin professor’s ouster sparks student protests
Martin University students upset over the firing of a popular professor are staging protests over the direction the school has taken under new President Algeania Freeman. Freeman in January replaced the Rev. Boniface Hardin, a Benedictine monk who founded the inner-city school 30 years ago. She since has roiled many faculty members and students by letting go employees-many times without reason, they contend-as part of a strategy to cut costs. IBJ reported their concerns in July. But the Oct. 20…
Tough economy touching all industries, but some are hurting more than others
Stock markets are falling, jobs are disappearing, and the outlook for the economy seems grim. Banks, real estate developers,
retailers and manufacturers are taking the worst hits, but all types of businesses in central Indiana are hurting. From health
care to technology, education to philanthropy, every industry is trying to take the setbacks in stride.
IUPUI faces tough decisions over aging sports facilities
From 1979 to 1982, IUPUI inherited three world-class athletic facilities that have since hosted Olympic trials and world-record performances by top-flight amateur and professional athletes. But that inheritance has turned into a financial albatross around the university’s neck. It’s grappling with how to pay for their upkeep and the improvements necessary to keep the facilities–and the city–in the hunt for high-profile sporting events.
Divisive U of I business school dean departs
Six current and former University of Indianapolis professors who in late 2006 alleged business school dean Mitch Shapiro
violated hiring practices and created a hostile work environment got what they wanted last month.
New Martin University president draws ire
In less than four months, new Martin University President Algeania Freeman said, she hit her two main objectives for the state’s
only predominantly black university: cut costs and increase fund raising. But her whirlwind of activity
has not come without controversy.
Candidates surface for IU’s athletic director job
Well-known names are bubbling to the top as speculation heats up about who will replace embattled Indiana University Athletic
Director Rick Greenspan and how much money the job will command. Greenspan announced June 26 that he’ll step down at the end
of the year. The decision came after the NCAA added to the list of charges facing IU’s men’s basketball program over rules
violations under former Coach Kelvin Sampson.
Ivy Tech ex-president repays $20,000 following audit of expenses
Retired Ivy Tech Community College President Gerald Lamkin has repaid nearly $20,000 after a review of the college foundation’s
expense-reimbursement policy uncovered bills that had been paid for him without proper documentation. College and foundation
officials call the accounting lapse and Lamkin’s inability to produce receipts for all the submitted expenses an “innocent
oversight” and have implemented a revised policy with tighter controls.
IU follows Purdue lead, overhauls business-development strategy
Indiana University President Michael McRobbie calls it “Innovate Indiana.” His ambition is to corral all of IU’s strengths
under one new branded initiative to boost the Hoosier economy. Purdue University already has leveraged a similar strategy,
promoted with “Go BusinessMakers!” billboards, to national acclaim.
College endowments growing, but so is tuition
Endowments at Indiana colleges and universities are soaring, due in part to impressive investment returns in recent years.
The swelling coffers here and across the nation are stoking the debate over whether universities should be using more of their
wealth to hold down tuition increases.
Sampson scandal may repel IU donors
Based on 50 conversations IU Foundation President Curt Simic had with donors the week after news broke of the potential firing
of men’s basketball coach Kelvin Sampson over alleged NCAA improprieties, the chief of Indiana University’s philanthropic
arm says he has little fear the latest athletic department controversy will affect financial support to the school.
Retiring baby boomers create openings for new grads
Students donning caps and gowns this May will find jobs aplenty, college career officers and others say. Some industries–like
health care, accounting, engineering, computer science and sales–are more flush with jobs than others. But students receiving
liberal arts degrees also are in high demand because of their well-rounded education.