College sports programs, eager for cash, tap into beer
Fifty U.S. colleges now report selling alcoholic beverages at their sporting events—up from 21 in 2011. Purdue University is the latest to jump into the fray.
Fifty U.S. colleges now report selling alcoholic beverages at their sporting events—up from 21 in 2011. Purdue University is the latest to jump into the fray.
Purdue’s Board of Trustees approved $30 million toward the project and the College of Veterinary Medicine is expected to seek $5 million in private donations.
The grant from the Indianapolis-based philanthropic giant is aimed at bolstering Indiana’s stature as a life sciences research hub.
Eli Lilly and Co. announced the “strategic research collaboration” Thursday morning, calling it the largest agreement of its kind between Purdue and a single company.
Presidents of U.S. public colleges and universities saw their earnings climb by 5.3 percent last year, with several of them topping $1 million, according to an annual survey.
The Indiana Economic Development Corp. said the Purdue-based partnership will create the nation's most advanced turbine lab for compact gas engines.
The online university would stem from Purdue’s recent acquisition of for-profit Kaplan University.
Meanwhile, the Ball State University Board of Trustees on Wednesday approved the school’s smallest tuition hike in more than 40 years.
President Mitch Daniels said he didn’t think the school could keep tuition costs down as long as it has and he’s disappointed other colleges haven’t followed suit.
The university also expects to have more than 4,000 freshmen from Indiana on campus for the first time since 2008.
The Indiana Conference of American Association of University Professors released a written statement saying it "objects strenuously" to the deal.
The arrangement announced Thursday may help Kaplan parent Graham Holdings Inc. shed the for-profit education sector’s tarnished reputation. Purdue—paying Graham only a symbolic $1—immediately enters the ranks of public universities expanding their reach with online degrees targeting older Americans.
Observers say the deal is unprecedented for a public research university and leaves unanswered questions about how others in the sector will respond.
Purdue’s acquisition of Kaplan includes 15 campuses, 32,000 students and 3,000 employees. All Kaplan University students and faculty will transition to the new university, which will use the Purdue name.
Purdue University won’t open the doors to its first high school for another five months, but its leaders are already planning for more.
Purdue and Butler universities have used toughness and experience forged in difficult times to work themselves into the Sweet 16 of this year’s NCAA men’s basketball tournament.
Imagine a future when solar cells can be sprayed or printed onto the windows of skyscrapers or atop sports utility vehicles—and at prices potentially far cheaper than today’s silicon-based panels. It’s not as far-fetched it sounds.
The university said the frozen costs have helped lead to a decrease of 30 percent in Purdue student borrowing since 2012.
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.
The boards of both universities approved plans in December for splitting up programs starting in July 2018 at what is now Indiana University-Purdue University Fort Wayne.