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 Group

Episode 206 of the Future U Podcast - The Pulse of Higher Ed podcast, hosted by Jeff Selingo and Michael Horn, titled "Why a University Proactively Sought a Merger" was published on October 7, 2025 and runs 44 minutes.

October 7, 2025 ·44m · Future U Podcast - The Pulse of Higher Ed

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Summary

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 Group

Episode Description

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 Group

Publications 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.

Chapters

3:42 - Why Mergers and Acquisitions Are Increasingly Important In HIgher Ed

6:15 - What Led Gannon University to Look for a Merger?

9:30 - What Gannon University Hoped For in a Partner

13:01 - How Gannon University Found Ursuline College

16:21 - What’s Stopping More Colleges From Seeking Mergers?

21:36 - Learning From Other Mergers That Failed

23:04 - What Should Change to Help More Mergers Happen?

27:02 - Sponsor Break

29:00 - How to Change the Perception of M&A in Higher Ed

35:46 - Finding the Right Leadership

38:30 - What is the Trump Administration’s Stance on Making College Mergers Easier?

41:08 - Lightning Round

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