Indiana residents who attended schools operated by Corinthian Colleges Inc. are eligible for cancellation of federal student loans used to pay tuition, Indiana Attorney General Curtis Hill said Wednesday.
Former Ivy Tech Community College President Tom Snyder and at least four former ITT Educational Services officials have banded together to start an education-services company.
The not-for-profit coding academy in Fishers is trying to meet employer needs by offering a longer coding class and then tacking on 12-week internship and 12-month apprenticeship opportunities.
The filing follows a wave of lawsuits filed against Gary Eyler in connection with the collapse of The College Network, a company he founded in 1995 that provided online test-prep materials for college entrance exams.
Tennessee-based Southeast Financial Credit Union sued Eyler and others in 2015, charging they fraudulently restructured the business to thwart creditors and owe more than $13 million on defaulted loans.
The plan would be offered to teachers as an alternative to the current pension-style plan. Some fear the state eventually could try to phase out the latter.
The bankruptcy trustee for ITT Educational Services has recruited some big hitters to help with investigating and prosecuting claims against the school’s former directors and officers.
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.
Following his recent purchases, Ken Kolbow plans to move the tutoring facilities to locations where he thinks he can attract more students.
Five former ITT Educational students filed a motion asking that they—and thousands of other students who attended the school between 2006 and 2016—be recognized as creditors as the school’s bankruptcy case moves forward.
Campus housing costs will range from about $2,500 to $9,500 per academic year depending on what kind of facilities students choose.
The Fishers-based not-for-profit announced Wednesday that it will transfer ownership of two affiliates—United Student Aid Funds and Northwest Education Loan Association—to Madison, Wisconsin-based Great Lakes Higher Education Corp. on Jan. 1.
Ace Preparatory Academy, started by an aide to former Indiana schools superintendent Tony Bennett, is at about 22 percent of its initial expected enrollment, with just 33 students as of Oct. 19.
The Indianapolis charter network was the only Indiana charter network to win one of the grants.
Hundreds of for-profit colleges could close, leaving up to 600,000 students scrambling to find other schools, after the Education Department withdrew recognition of the nation's largest accreditor of for-profit schools.
The Carmel-based, for-profit educator began liquidation proceedings Friday after closing 136 technical schools, leaving over 35,000 students stranded in one of the largest college shutdowns in U.S. history.
ITT Educational Services Inc., the 70-year-old for-profit college operator that shut down its 136 technical schools last week, has hired advisers to liquidate its assets, according to one of the firms brought in to handle the sales.
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.
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.
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.
