Merger Watch: Don’t wait too long to find a merger partner. Closure does not benefit anybody.
More than half of the nearly 1,300 institutional closures of the past 50 years have occurred in the past decade — with roughly 15% of all degree-granting institutions of higher education in the U.S. closing in the last 10 years. And college and university closures do not benefit anybody.
By now we have all heard of the recent analysis by the National Student Clearinghouse Research Center, or NSCRC, in collaboration with the State Higher Education Executive Officers Association, or SHEEO, which reported that after a college closes, many of the displaced students never earn a degree. That closures detrimentally impact students should not come as a surprise.
READ THE FULL ARTICLERicardo Azziz, MD, MPH, MBA
A educator-scientist-executive with over 20 years of leadership experience in higher education, research, and healthcare, Dr. Azziz currently serves as Regents’ Professor, Augusta University; Senior Fellow, American Association of State Colleges & Universities; Visiting Scholar, Pullias Center for Higher Education, University of Southern California; and former founding CEO, Georgia Regents Health System.