Campus Consolidation: America’s Higher-Ed Footprint Changes Amid Challenging Times — from fierceeducation.com by Alison Diana
Excerpt:
Beset upon by students unable to afford tuition, the ongoing pandemic, competition between schools, and even some individual’s questioning of a degree’s value, college consolidation continues to reshape the secondary education landscape, and faculty careers in the process.
More than 90 nonprofit universities and colleges shut their doors or announced their intentions to close between January 2016 and February 2020, one industry estimate recorded. And more than 230 institutions, almost 10% of 2,300-plus researched over eight years, could close or merge, given the stressors they face, according to recently published book, The College Stress Test: Tracking Institutional Futures Across a Crowded Market.
In addition, 10% were deemed likely to close and 30% more were expected to struggle, according to Susan Baldridge, a professor at Middlebury College, who co-authored the book with Robert Zemsky, higher education division chair at the University of Pennsylvania, and Susan S. Shaman.