Two Philadelphia universities announce plans to merge; makes good business sense

Two Philadelphia universities announce plans to merge; makes good business sense

In a challenging market environment, most private companies would look at merger opportunities as a way to lower costs. In the academic world, however, this almost never happens — despite many colleges operating at deficits.

Philadelphia University and Thomas Jefferson University have announced plans to merge their schools, exhibiting good business sense.

You can read my take on National Review here, along with links to the background articles.

1 Comment
  • Joe Rafter

    December 23, 2015at3:23 pm

    I couldn’t have said it any better. The Academic community needs to be managed as a business and not a government agency. I wonder how they are dealing with the decline in enrollments? Increasing tuition and/or fees may be in play. Governments increase taxes, fees, and/or look for new sources of money. Well written!