Higher Ed Dive – Latest News
Nonprofit colleges are facing closures due to declining enrollment and financial distress. College leaders are considering mergers or acquisitions for guidance. Mark La Branche and Mablene Krueger, who led their institutions through consolidation, discuss the right time for a merger, finding the right partner, and preserving institutional legacy. They emphasize the need for a strong communication plan and compassion for employees during the transition. They also highlight the importance of knowing the institution’s value proposition and preserving the college’s legacy post-merger….