Notre Dame’s endowment value hits record $13.1 billion on gains
The University of Notre Dame’s endowment posted a 12.2 percent annual investment gain.
Education & Workforce Development
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Prominent hotel developer, family foundation donate $30M to Purdue for Union Club upgrade
Purdue announced the gift Saturday during an event to celebrate homecoming and the kickoff of the school’s year-long 150th anniversary celebration, which is themed “Take Giant Leaps.”
Race on for Indianapolis Public Schools to get voters to OK tax hikes
With less than two months until Election Day, the effort to pass two referendums to increase funding for Indianapolis Public Schools is gaining momentum.
Purdue plans $1.2B innovation district that could change ‘trajectory of the region’
The intent is to create an entrepreneurial ecosystem, filled with services and amenities that would make it easy for Purdue graduates and faculty to pursue their careers or start businesses in West Lafayette.
For-profit educator Harrison College going out of business
Harrison, which was founded in Marion in 1902 as Indiana Business College, said it would close all of its campuses in three states on Sunday.
Education chief loses student loan lawsuit brought by 19 states
Education Secretary Betsy DeVos' move to delay Obama-era regulations to help students defrauded by for-profit colleges was dealt a setback Wednesday.
Indiana gets $9M grant for students’ mental health needs
The five-year grant for the Indiana Department of Education was awarded through a Substance Abuse and Mental Health Services Administration program.
Purdue offers expertise that fuels growth for Indiana wineries
The state’s annual wine-grape harvest generates an economic impact of $600 million, sustains 4,000 full-time jobs, and pays $37 million in state and local taxes.
Purdue sets enrollment record on its West Lafayette campus
A burgeoning freshman class has helped lift Purdue University to an all-time high in enrollment on its main campus.
Number of students affected by ISTEP problem up to nearly 28,000
More high school students were affected by grading problems involving this year’s ISTEP test than previously estimated, the Indiana Department of Education said Monday.
Full loan relief rare for students defrauded by for-profit colleges
The Trump administration is granting only partial loan forgiveness to the vast majority of students approved for help because of fraud by for-profit colleges, according to preliminary Education Department data.
Butler named top Midwest regional university in U.S. News ranking
Purdue University finished in the top 20 among the nation’s top public schools and Indiana University’s business program fared well.
Media School at IU gets $6 million gift, plans investigative center
The university announced Thursday that the center will focus on the production and teaching of investigative journalism.
Indiana plans to seek damages over standardized test issues
Results for the Indiana Statewide Testing for Educational Progress-Plus were supposed to be publicly released Wednesday, but vendor Pearson notified the department last week about two scoring issues.
Purdue researchers develop software to make big events safer
The platform is designed to track social media posts and use that information to alert emergency responders and event organizers of problems or potential problems within a specified geographical area.
Nearly half of Marion County families struggling to get by, report says
A new report from Indiana United Ways says that the number of Indiana households that cannot afford basic needs increased 10 percent from 2010 to 2016 as expenses for families rose faster than the cost of inflation.
Franklin College lands $2M gift from former Eli Lilly executive
The money will be used to create a super endowment that will help fund future projects in perpetuity, Franklin College President Thomas Minar said.
Fraternity group votes to ban hard alcohol at houses, events
Most U.S. and Canadian fraternities have one year to ban hard alcohol under a rule adopted during the annual meeting of their Carmel-based trade association.
Marian University to launch 2-year college that will encourage part-time work
The college will aim to attract students by offering small class sizes and the opportunity to work part-time while attending school at employers who are working in partnership with Marian.
Report: Indiana tax policy has benefited wealthy as median income dropped
The Indiana Institute for Working Families’ report also found that the average Indiana worker, who makes $35,422 annually in wages, makes nearly $2,100 less than the average Midwesterner.