Colleges across the U.S. have resorted to mergers in order to stay open due to many of them failing in the current environment. Factors such as the financial strain created by the COVID-19 pandemic, overall falling enrollment partly caused by the falling value of a college degree in the eyes of the public, and understaffing issues at educational institutions have led to many colleges failing. However, while many colleges close, others opt to merge with other schools through either a local, cross-country, international, or online merger to preserve their legacy and continue supporting students.
Public colleges and universities as well as small private schools that aren’t too prestigious and non-profit schools are looking to be the most at risk of closure and would therefore benefit the most from a merger. Most deals so far have involved same-state schools with less than 5,000 students while about 43% of closing or merging institutions between 2016 and 2021 were Christian-affiliated schools. Nonetheless, many are concerned a merger would mean these schools would lose their unique identity, voice, and support they provide to minority students.
It’s time for colleges to adapt to the times in order to remain open, and this could mean considering a merger.
For paid/sponsored articles, FintechMode neither endorses nor takes responsibility for the accuracy, timeliness, quality, and content of said articles. The statements, views and opinions expressed in paid/sponsored articles are solely those of the content provider and readers are reminded that Cryptocurrency products are unregulated in most locations and can be highly risky. Do your own research and consult relevant financial experts before making any investment decisions. FintechMode will not be held accountable, either directly or indirectly, for any harm or loss that may stem from or be linked to the usage or reliance on any information, goods, or services mentioned on this page. If you have any concerns, please email [email protected] or refer to our Terms & Conditions