Big Take Podcast

Facing Huge Challenges, One College Tries to Be Too Big to Fail

Under increasing pressures, some smaller colleges are looking at mergers and acquisitions to stay afloat.

Students walk on the Northeastern University campus in Boston.

Photographer: Maddie Meyer/Getty Images
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Skyrocketing tuition costs, COVID and fewer high school graduates have been straining the survival of smaller American colleges, leading many to shut down. Now, some are joining a surprising new path: mergers and acquisitions.