Police in St. Louis say a part-time student entered the Stevens Institute of Business & Arts this afternoon and promptly shot a longtime administrator in the chest before turning the handgun on himself.

The victim, in his 40s, is said to be one of the college's financial advisors.

St. Louis Police Chief Sam Dotson would not release the name of the suspect, but said he was a 21-year-old male who had been a student at the school off and on for the past four years.

"The victim and the shooter were familiar with each other," Dotson told reporters. "They knew each other. This did not appear to be random. It appeared to be targeted."

The two were rushed to a nearby hospital, where they are undergoing surgery.

Siba, which offers degrees in a variety of areas including business administration, tourism, fashion, and interior design, currently has about 180 students. Today was the school's first day of classes, and some 40 to 50 people were in the building at the time.

Meanwhile, President Obama and Vice President Biden were expected to unveil their list of gun control proposals tomorrow morning, according to White House spokesman Jay Carney.

"There are specific legislative actions that he will continue to call on Congress to take, including the assault weapons ban, including a measure to ban high-capacity magazine clips, including an effort to close the very big loopholes in the background check system in our country," Carney said at today's press briefing.

A few of the measures, which were spurred by last month's shooting at Sandy Hook Elementary, may be enacted through executive action without congressional approval, Carney added.

The move has angered some on the right, including Fox News, whose use of an assassination-evoking graphic was rendered quadruply boneheaded beneath a breaking news banner reporting on yet another school shooting.

UPDATE: A shooting at Hazard Community & Technical College in Hazard, Kentucky this evening has reportedly left two dead and one person critically injured.

Two suspects are said to be in police custody.

[photo via AP, screengrab via Wonkette]