Why a University Proactively Sought a Merger

Mergers and acquisitions are usually seen as bad things in higher ed. But there’s a growing sense that many colleges could benefit by teaming up, especially as the fiscal cliff means fewer potential students. Jeff and Michael continue to dive into their fascination with M&A by talking to Walter Iwanenko Jr, the president of Gannon University in Erie, Pa., about how and why the institution sought a merger with Ursuline College near Cleveland. This episode is made with support from Ascendium Education GroupPublications Mentioned:“Two North Carolina universities announced a merger. Why some alumni are pushing back,” in USA Today. “A Midwest Merger: How Two Ohio Colleges Are Coming Together,” from Future U, season 8.Chapters3:42 - Why Mergers and Acquisitions Are Increasingly Important In HIgher Ed6:15 - What Led Gannon University to Look for a Merger?9:30 - What Gannon University Hoped For in a Partner13:01 - How Gannon University Found Ursuline College16:21 - What’s Stopping More Colleges From Seeking Mergers?21:36 - Learning From Other Mergers That Failed23:04 - What Should Change to Help More Mergers Happen?27:02 - Sponsor Break29:00 - How to Change the Perception of M&A in Higher Ed35:46 - Finding the Right Leadership38:30 - What is the Trump Administration’s Stance on Making College Mergers Easier?41:08 - Lightning RoundConnect with Michael Horn:Sign Up for the The Future of Education NewsletterWebsiteLinkedInX (Twitter)Threads  Connect with Jeff Selingo:Dream School: Finding the College That's Right for YouSign Up for the Next NewsletterWebsiteX (Twitter)ThreadsLinkedInConnect with Future U:TwitterYouTubeThreadsInstagramFacebookLinkedIn  Submit a question and if we answer it on air we'll send you Future U. swag!Sign up for Future U. emails to get special updates and behind-the-scenes content.