Closures and Mergers: Page 2

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    Vladimir Vladimirov via Getty Images
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    Column // Merger Watch

    How can college leaders navigate mergers and closures in 2025?

    A consolidation expert urges officials to face the facts, explore their strategic options and be willing to accept external help. 

    By Ricardo Azziz • Feb. 20, 2025
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    Ben Unglesbee/Higher Ed Dive
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    University of the Arts unloads 2 buildings for $10.3M in auctions

    The nonprofit Curtis Institute of Music beat out a local real estate developer and Temple University for one of the shuttered arts college’s iconic buildings.

    By • Jan. 16, 2025
  • University of the Arts sign on campus in brass lettering.
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    Ben Unglesbee/Higher Ed Dive
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    Pennsylvania AG argues Temple should win bid for UArts building

    Attorney General Michelle Henry said Temple University's bid should take priority over a $6.5 million offer from a Philadelphia real estate developer.

    By • Jan. 15, 2025
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    Ben Unglesbee/Higher Ed Dive
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    University of the Arts lands $8.3M in bids for 2 buildings

    A Philadelphia real estate player and area theater nonprofit are among the first buyers to step up for the closed arts college’s iconic properties.

    By • Jan. 10, 2025
  • A mural reading "Ursuline College" surrounded by painted people.
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    The image by SilentMatt Psychedelic is licensed under CC BY-SA 4.0
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    Gannon University and Ursuline College announce official merger deal

    The nonprofit institutions will combine to form "the largest Catholic system of higher education along Lake Erie" by December 2026.

    By • Jan. 3, 2025
  • View of red brick Keystone College building in the evening
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    Courtesy of Keystone College
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    Keystone College staves off accreditation loss for now

    The financially troubled Pennsylvania nonprofit will retain its status as its accreditor hears its appeal.

    By • Jan. 2, 2025
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    Dusan Stankovic / Getty Images via Getty Images
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    Column // Merger Watch

    Declining K-12 enrollment spells trouble for higher education’s future

    Given demographic trends, the sector will likely become more competitive and experience more closures, one consolidation expert argues. 

    By Ricardo Azziz • Dec. 19, 2024
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    The image by Joe Mabel is licensed under CC BY 3.0
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    Seattle University plans to acquire arts college

    Cornish College of the Arts, in Washington, would retain its campus and be renamed under the Catholic university's banner, the institutions announced.

    By • Dec. 6, 2024
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    EvgeniiAnd/Getty Images Plus via Getty Images
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    College closures could increase sharply in the face of the demographic cliff

    A new model for predicting financial failures from the Philadelphia Fed aimed to produce the most accurate forecasting to date of at-risk colleges.

    By • Dec. 5, 2024
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    Courtesy of Keystone College
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    Keystone College could lose accreditation after MSCHE vote

    Middle States Commission on Higher Education found that the Pennsylvania institution failed to show it can sustain itself.

    By • Nov. 27, 2024
  • The Norton Campus Center at Birmingham-Southern College
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    The image by Jwrandolph is licensed under CC BY-SA 3.0
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    Birmingham-Southern College campus sale falls through

    Miles College asked to extend a purchase agreement for the property, but trustees of the shuttered college said they must sell the campus quickly. 

    By • Nov. 27, 2024
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    The image by SAUFalconsWiki is licensed under CC BY 4.0
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    Saint Augustine’s University cuts its workforce in half to shore up finances

    The North Carolina institution is on probation with its accreditor as it tries to stabilize its operations.

    By • Nov. 25, 2024
  • California Maritime Academy sign under a model sail.
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    The image by Bill Williams is licensed under CC BY 2.0
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    Cal Maritime and Cal Poly set to merge

    A new report from California State University leaders said the nautical college faces a "dire, binary choice": Partner with another university, or close.

    By • Nov. 22, 2024
  • A snow covered landscape, with a sign at the far right of the frame advertising for Webster University.
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    The image by Webster University is licensed under CC BY-SA 3.0
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    Webster University to close its military campuses

    A decade ago, the nonprofit based in Missouri had over 40 locations on bases. Now, it is shuttering its last nine.

    By • Nov. 1, 2024
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    Ben Unglesbee/Higher Ed Dive
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    The fallout: A two-part look at the University of the Arts’ closure and legacy

    Higher Ed Dive traveled to Philadelphia to chronicle the lasting impact of a beloved arts education institution’s sudden demise.

    By • Oct. 14, 2024
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    The image by Morgan Riley is licensed under CC BY-SA 3.0
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    3 Virginia universities face some viability risk

    Radford University, University of Mary Washington and Virginia State University have struggled with enrollment or pricing challenges, or both. 

    By • Oct. 10, 2024
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    Permission granted by Temple University
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    Deep Dive

    The fallout: The University of the Arts saga lives on — will its legacy?

    Temple University and others have absorbed former UArts students. But can they replace the unique urban arts institution after its demise?

    By • Oct. 9, 2024
  • A flyer showing a headshot of a person in suit and tie and red and white text saying “He closed the University of the Arts and laid off hundreds of staff and faculty with one week notice!”
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    Ben Unglesbee/Higher Ed Dive
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    Deep Dive

    The fallout: University of the Arts haunted by unanswered questions months after sudden closure

    Students and employees were left in the lurch after the nearly 150-year-old institution shuttered with just a week's notice.

    By • Oct. 8, 2024
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    LaylaBird via Getty Images
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    Column

    To understand the future of higher education, look to the past of healthcare

    A college consolidation expert breaks down similarities between the two sectors — and what institutions can learn from them.

    By Ricardo Azziz • Oct. 1, 2024
  • The Harbert Building at Birmingham-Southern College
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    The image by Jwrandolph is licensed under CC BY-SA 3.0
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    Miles College to buy shuttered Birmingham-Southern’s campus

    Just miles apart, both institutions struggled with declining enrollment in recent years. But Birmingham-Southern couldn’t rebound financially.

    By • Sept. 26, 2024
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    dszc via Getty Images
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    Arizona State to add tuition surcharge, close 1 campus after state funding cuts

    With a $24 million reduction in public funds, the Arizona university warned of impacts to students.

    By • Sept. 24, 2024
  • A mural reading "Ursuline College" surrounded by painted people.
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    The image by SilentMatt Psychedelic is licensed under CC BY-SA 4.0
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    Gannon University and Ursuline College eye a combination

    The two private Catholic institutions signed a letter of intent that would bring the Ohio-based Ursuline under the umbrella of Gannon, in Pennsylvania.

    By • Sept. 17, 2024
  • University of the Arts sign on campus in brass lettering.
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    Ben Unglesbee/Higher Ed Dive
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    University of the Arts files for bankruptcy

    The Philadelphia institution’s Chapter 7 comes after it abruptly closed this summer and its merger talks with Temple University fell through.

    By • Sept. 16, 2024
  • Front view of a brick hall of Knoxville College.
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    The image by Brian Stansberry, CC BY 3.0 <https://creativecommons.org/licenses/by/3.0>, via Wikimedia Commons is licensed under CC BY 3.0
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    Knoxville College takes a step toward accreditation nearly 30 years in the making

    The historically Black institution, which lost accreditation in 1997, filed an application with Transnational Association of Christian Colleges and Schools.

    By • Aug. 30, 2024
  • University of the Arts sign on campus in brass lettering.
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    Ben Unglesbee/Higher Ed Dive
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    University of the Arts faces full repayment demand from bondholders

    A bank notified the university just two weeks after its closure that the full amount was due. Meanwhile, employees are seeking lost wages.

    By • Aug. 29, 2024