For-profit college operators such as Carmel-based ITT Educational Services Inc.would lose a financial incentive to enroll soldiers and veterans under U.S. Senate and House bills aimed at curbing what sponsors call aggressive marketing of subpar programs.
The Carmel-based operator of for-profit colleges earned $76 million in the quarter compared with $97.5 million in the same quarter of 2010. Revenue fell 10 percent.
A proposal that would make thousands of current private school students eligible for Indiana's school voucher program has been endorsed by a state legislative committee, although cost concerns might block its chances of advancing this year.
For-profit colleges like Carmel-based ITT Educational Services would be forced to rely less on federal money under a bill aimed at curbing the marketing of degrees to soldiers and veterans.
Top officials from Indiana University and its Kelley School of Business are set to make a “major” announcement Wednesday afternoon likely involving a gift from the Lilly Endowment.
The legislation would require large athletic programs to cover all sports-related medical expenses incurred by athletes. In addition, the legislation would require colleges to continue providing financial aid to students whose athletic scholarships are revoked despite being in in good standing.
Private schools that saw enrollment swell this year because of Indiana's sweeping school voucher program fear they could see some of those gains erased next year as parents paying their own way instead enroll their children in public school so they can qualify for a voucher the following year.
An Indianapolis judge says he'll decide within 30 days whether Indiana's sweeping new school voucher law violates the state's constitution.
Nearly 4,000 students who formerly attended public schools are receiving tax money to help pay the cost of private school under Indiana's school voucher program, which is believed to be the nation's largest, officials say.
Ball State University said Tuesday it will offer $500 scholarships to students on track to graduate within four years and take other steps that could save some students as much as $10,000 over the course of their college careers.
Indiana’s nearly 300 school superintendents are receiving more compensation than reported in their contracts, with extra payments for benefits such as health insurance counting toward their overall salaries for pension purposes, a newspaper’s investigation has found.
The Franklin Township board voted 3-2 Monday night to fight a parent lawsuit aimed at forcing the district to restore free school bus service.
A memo that sparked concern among Indiana's school districts by saying they would begin losing funding this month under the state's new private school voucher law was sent "prematurely" a state education official says.
Indiana's new school voucher law has prompted some parents to pull their children out of private schools and put them in public schools for a year so that they can become eligible for the state-funded program.
Indiana University will cut tuition for undergraduates enrolled in summer classes to make college more affordable and decrease the amount of time needed to earn a degree, President Michael McRobbie said Monday.
Indiana University President Michael McRobbie last month predicted that IU eventually will get less than 10 percent of its revenue from the state. If public schools get nine out of 10 dollars from somewhere other than public coffers, will they still be public?
Education Management Corp., which operates two schools in Indianapolis, has asked a judge to throw out a Department of Justice lawsuit that claims it used improper sales tactics to lure unqualified students and the billions of dollars in financial aid they bring.
Indiana's two largest school districts both say they've seen small enrollment drops, with No. 2 Fort Wayne Community Schools inching closer in size to No. 1 Indianapolis Public Schools.
The national two-year default rate rose to 8.8 percent last year, from 7 percent in fiscal 2008, according to the Department of Education. Driving the increase was an especially sharp increase among students who borrow from the government to attend for-profit colleges.
Education reformers dramatically outspent opponents on lobbying, advertising and grass-roots campaigning during the past legislative session.
