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UPDATE: SEC hits ITT Educational, execs with fraud charges

ITT Educational CEO Kevin Modany and Chief Financial Officer Daniel Fitzpatrick allegedly “engineered a campaign of deception and half-truths” to hide from investors the extent of losses ITT was suffering from student loan programs, the SEC said Tuesday morning.

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Diabetes drug metformin show promise in cancer

Researchers at Purdue University, the Indiana University School of Medicine and the University of Wisconsin discovered a combination of two currently available drugs significantly slowed the growth of late-stage prostate cancer tumors in mice.

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Indiana University psych student reinvents surveys

Josh de Leeuw, a graduate student in the Indiana University College of Arts and Sciences’ Department of Psychological and Brain Sciences in Bloomington, has created jsPsych, an open-source software platform that employs a common Web technology to conduct psychology experiments over the Internet.

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K-12 schools prepare for funding boosts, cuts in new budget

As Indiana’s fast-growing suburban districts breathe a sigh of relief with more funding on the way, many urban and rural districts are bracing for drastic cuts under the state’s new budget and experts say there might not be a middle ground between the two.

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