Wednesday, July 20, 2022

Broke Colleges Resort to Mergers for Survival in the U.S.

The excessive government paternalism measures in response to the fairly harmless SARS-CoV-2/Covid-19 pandemic probably also contributed to financial troubles of colleges.

"95 college mergers in the past four years, compared with 78 over the prior 18 years, according to the consulting group EY Parthenon. Stronger schools are gobbling up ones suffering from declining enrollment and money problems."

Broke Colleges Resort to Mergers for Survival - WSJ Takeovers increase as a shakeup in higher education leaves schools in trouble. Northeastern does a deal for struggling Mills.

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