Closures and Mergers
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Column // Merger Watch
Labor Department’s overtime proposal should spur more colleges to consider a merger
The proposed rule, which would raise the threshold for overtime pay eligibility to around $55,000, could financially stress many higher education institutions.
By Ricardo Azziz • Updated 18 hours ago -
The College of Saint Rose will close at the end of the academic year
The Roman Catholic institution in New York said it suffered from years of declining enrollment and pandemic-induced financial turbulence.
By Laura Spitalniak • Dec. 1, 2023 -
The image by Another Believer is licensed under CC BY-SA 4.0
Jessup University to acquire fellow Christian college Multnomah University
Multnomah said it has faced declining enrollment and financial challenges, making it impossible to operate independently.
By Laura Spitalniak • Nov. 9, 2023 -
The image by Jwrandolph is licensed under CC BY-SA 3.0
A timeline of Birmingham-Southern College’s bid to stay open
Birmingham’s city council approved a $5 million loan to the struggling college — a lifeline the president says could help it stay open in fall 2024.
By Natalie Schwartz • Updated Nov. 13, 2023 -
Notre Dame of Maryland University to acquire graduate health college
The Roman Catholic institution will take over the Maryland University of Integrative Health early next year.
By Laura Spitalniak • Oct. 30, 2023 -
Column // Merger Watch
College officials considering mergers need to have sufficient resources
Expenses can range from merging information technology departments to updating signage — and they materialize before any gains do.
By Ricardo Azziz • Oct. 27, 2023 -
The image by Jwrandolph is licensed under CC BY-SA 3.0
Judge dismisses Birmingham-Southern’s lawsuit over denied $30M state loan
The college wanted a court order forcing the state treasurer to issue the funding, saying it would likely close without emergency relief.
By Natalie Schwartz • Updated Oct. 25, 2023 -
Lincoln Christian University to close in May
The Illinois institution plans to transfer its seminary school to Ozark Christian College, just over 400 miles away in Missouri.
By Laura Spitalniak • Oct. 12, 2023 -
Column // Merger Watch
What qualities do college leaders need to lead major institutional restructuring?
While traits like courage may be more innate, other key skills can be learned, writes Ricardo Azziz, an expert in corporate restructuring in higher education
By Ricardo Azziz • Sept. 29, 2023 -
Art Institutes to close all remaining colleges
The abrupt announcement brings an end to a career college chain that has struggled financially over the past decade.
By Natalie Schwartz • Sept. 25, 2023 -
Retrieved from Highsmith, Carol M..
Alderson Broaddus files for bankruptcy in preparation for closure
The university also surrendered its accreditation with the Higher Learning Commission last week.
By Laura Spitalniak • Sept. 1, 2023 -
Cox College to close and transition operations to new healthcare education alliance
The private Missouri nonprofit is shuttering sometime after the spring 2025 term and folding into an alliance with other colleges and a public school system.
By Natalie Schwartz • Sept. 1, 2023 -
Retrieved from Hodges University on August 28, 2023
Hodges University to close by August 2024
The small, private nonprofit college in Florida attributed the decision to recent enrollment challenges and financial difficulties.
By Jeremy Bauer-Wolf • Aug. 28, 2023 -
Column // Merger Watch
Are faith-based colleges in trouble? It depends.
Recent closures of religiously affiliated colleges have raised alarm, but these institutions can be under vastly different enrollment and financial pressures.
By Ricardo Azziz • Aug. 14, 2023 -
How many college closures are on the horizon?
More institutions may shut down as operating expenses increase and demographics shift, higher ed experts say.
By Natalie Schwartz • Aug. 9, 2023 -
Cardinal Stritch University campus purchased for $24M
The Ramirez Family Foundation, which promotes Christian education, bought the property after the institution closed in May.
By Jeremy Bauer-Wolf • Aug. 2, 2023 -
Retrieved from Alderson Broaddus University on July 14, 2023
Alderson Broaddus University loses state operating approval, portending closure
Financial and leadership issues have plagued the Baptist-affiliated institution in West Virginia for months.
By Jeremy Bauer-Wolf • Aug. 1, 2023 -
Column // Merger Watch
Is government support for distressed colleges a good thing?
Alabama lawmakers bailed out Birmingham-Southern College. Ricardo Azziz, principal at a higher ed consultancy, explores whether this type of move is wise.
By Ricardo Azziz • July 19, 2023 -
New York’s King’s College cancels fall classes — but remains open for now
The financially struggling Christian institution also lost its accreditation, but is appealing the decision.
By Jeremy Bauer-Wolf • July 18, 2023 -
Johnson University will close its Florida campus next June
The Christian institution said it faced years-long operating deficits and enrollment competition from two-year and public colleges.
By Laura Spitalniak • July 12, 2023 -
Calvin University to acquire Compass College of Film & Media
The Christian institutions, both in Michigan, will finalize their merger in fall 2023, pending approval from regulators.
By Laura Spitalniak • July 7, 2023 -
Wisconsin governor vetoes plan to combine university system campus, technical college
Gov. Evers shot down the proposal Wednesday, saying it unfairly singled out the colleges and overstepped the legislature’s purview.
By Laura Spitalniak • July 6, 2023 -
Alliance University to close in August
The struggling Christian institution made the decision after MSCHE pulled its accrediation following years of poor finances.
By Laura Spitalniak • July 5, 2023 -
Wisconsin budget proposal would consolidate UW-Milwaukee branch campus with technical college
The university’s Washington County campus would combine with nearby Moraine Park Technical College if the budget proposal passed.
By Natalie Schwartz • June 26, 2023 -
For-profit Hussian College abruptly shuts down
The institution, which has not publicized the closure, has campuses in four states, as well as online programs.
By Jeremy Bauer-Wolf • June 23, 2023