Closures and Mergers: Page 6

  • A Cardinal Stritch University facility.
    Image attribution tooltip
    The image by Corey Coyle is licensed under CC BY 3.0
    Image attribution tooltip

    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 • Aug. 2, 2023
  • A close-up sign of Alderson Broaddus University.
    Image attribution tooltip
    Retrieved from Alderson Broaddus University on July 14, 2023
    Image attribution tooltip

    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 • Aug. 1, 2023
  • An image of the Alabama State Capitol.
    Image attribution tooltip
    DenisTangneyJr/iStock via Getty Images
    Image attribution tooltip
    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
  • Lower Manhattan cityscape, with Chinatown in foreground and Wall Street in the background.
    Image attribution tooltip
    FilippoBacci via Getty Images
    Image attribution tooltip

    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 • July 18, 2023
  • An aerial view of a warm-weather college campus with an outdoor pool and a baseball field.
    Image attribution tooltip

    GNU Free Documentation License

    Image attribution tooltip

    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 • July 12, 2023
  • An aerial view of a college campus, with a mix of beige buildings and green open spaces
    Image attribution tooltip
    The image by Michael Shade is licensed under CC BY 1.0
    Image attribution tooltip

    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 • July 7, 2023
  • Aerial shot of Madison, Wisconsin.
    Image attribution tooltip
    halbergman via Getty Images
    Image attribution tooltip

    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 • July 6, 2023
  • Lower Manhattan cityscape, with Chinatown in foreground and Wall Street in the background.
    Image attribution tooltip
    FilippoBacci via Getty Images
    Image attribution tooltip

    Alliance University to close in August

    The struggling Christian institution made the decision after MSCHE pulled its accreditation following years of poor finances.

    By • July 5, 2023
  • Aerial shot of Madison, Wisconsin.
    Image attribution tooltip
    halbergman via Getty Images
    Image attribution tooltip

    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 • June 26, 2023
  • A set of closed gray doors
    Image attribution tooltip
    VisualArtStudio via Getty Images
    Image attribution tooltip

    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 • June 23, 2023
  • Miguel Cardona
    Image attribution tooltip
    Chip Somodevilla via Getty Images
    Image attribution tooltip
    Column // Merger Watch

    New federal policy injects delay and uncertainty into merger process

    The Education Department’s new guidance could make mergers take longer, argues Ricardo Azziz, principal at a higher ed consultancy. 

    By Ricardo Azziz • June 23, 2023