Charlesbank Capital Partners and Partners Group say the purchase—reportedly for $1.5 billion—ensures the educational-products company “has the capital structure, resources, and financial flexibility” to further expand.
Democrats released the numbers Friday, saying they are evidence that the voucher program supported by Republicans is stealing money from public schools.
The school board reversed course and dumped a contract with a national teacher program, as angry board members accused each other of playing politics.
The special meeting sends signals that the board could back out of the $750,000 program, which apparently was launched in IPS before the board formally approved it last week.
IPS board members met this week to prepare a lobbying strategy for the Indiana General Assembly’s session that begins in January. Chief among their goals: reining in the state takeover process.
Indiana Gov. Mike Pence said Tuesday he still won’t apply for up to $80 million in preschool funding – despite an extended federal deadline and calls from several education officials.
Challengers to incumbents are collecting the largest checks. Big contributors range from the Indy Chamber political action committee to executives with Facebook and LinkedIn.
The State Board of Education voted Wednesday to delay approving letter grades for public schools because members said they were unsure about the underlying data.
For the second time in three years, Indianapolis’s Christel House Academy South charter school received a higher grade than the state’s scoring formula initially said it should.
Indiana House Republicans say they will work in 2015 to boost money for public schools and rewrite the formula that distributes those dollars to try to reduce the gap between the state’s highest and lowest funded districts.
The $1 billion budget approved by the City-County Council Monday night included a last-minute amendment that could put $1.7 million toward the mayor’s plan to cut crime and expand access to preschool.
Indianapolis Public Schools board candidate Ramon Batts says he regrets representing work from three national advocacy organizations as his own in his responses to a Chalkbeat Indiana survey.
Indianapolis Public Schools next year could consider bringing a free public boarding school—one of just a few in the country—to the city.
Indiana education leaders inched closer Wednesday to approving a new system for grading the state's schools, nearly a year after a secret overhaul of the school-grading formula by then-Schools Superintendent Tony Bennett was revealed.
Four urban Indiana counties selected for a state-funded preschool pilot program will launch it in early 2015, officials said Wednesday during a day of meetings among state and local officials and educators.
Under the pact approved by the school board Tuesday, teachers who were rated “effective” last fall can earn a $1,500 one-time bonus.
City-County Council President Maggie Lewis and Vice President John Barth said children could be served next year by the state’s much smaller pilot program, which will reach nearly 800 economically disadvantaged four-year-olds in Marion County.
Preliminary data from the Indiana Department of Education shows 29,437 Indiana children applied for vouchers this year.
A major barrier was the fact that different local unions represent the teachers in different districts, and those union contracts didn’t match up in a variety of ways.
The Indianapolis City-County Council’s finance committee voted to table funding for Mayor Greg Ballard’s $50 million preschool expansion plan and quickly adjourned a three-hour meeting Tuesday night despite protests.
