One traditional undergraduate university to close

One traditional undergraduate university to close

Wow.

Bryan Alexander

Benedictine University SpringfieldBenedictine University of Springfield will close its undergraduate program next year.  To start off that sad process, it’s laying off 75 of its 100 full-time staff.

Why is that BU ending?  Because of money, of course, but in an unusual way.  They can’t afford to keep up with the non-academic, student life demands of today’s undergraduate marketplace:

“We would need to have an athletic facility, a student center, and we would need to grow out residence hall population,” [Michael Bromberg, president] said. “We would need to spend a minimum of $40 million, and we have no reason to believe that would make us more competitive than we are today.”

That’s the traditional undergraduate market, for learners aged 18-22.  Adult learners are whom BUS will continue to serve, presumably because they don’t need sports, a student center, and forms.

To return to some of this blog’s usual themes, today’s story brings…

View original post 24 more words

Are campus mergers rising?

Are campus mergers rising?

Thoughts from Bryan Alexander on Campus Mergers. It tracks with my post from this morning on eCampus Weekly, Consortial change – it takes more than missionaries.

Bryan Alexander

How can colleges and universities cope with today’s financial and enrollment challenges? Perhaps by merging.  Former university president Susan Resneck Pierce offers a sobering and thoughtful list of institutions currently exploring mergers.

Pierce also provides good advice for leaders thinking about linking up with other campuses.

I’d call this another datapoint for the peak higher education theory.  Note how many of the proposed merger schools face the same pressures: finance, enrollment, local demographics.  Combining institutions to realize efficiencies and/or complement each other’s strengths can be a wise move.

(via Roger Schonfeld)

View original post