The risks and rewards of institutional partnerships
Colleges are game to collaborate these days, and do so in a variety of ways: A consortium allows member colleges to expand academic offerings and increase purchasing power. The consolidation of a public-college system could lead to financial savings and a stronger student experience. And when a struggling college might otherwise fail, a well-thought-out merger can benefit both institutions. While the huge wave of college closings predicted by some experts hasn’t materialized, institutions of all sizes are feeling financial pressure. For some, joining forces offers a solution.
This collection includes some of The Chronicle’s best reads on the topic, along with advice and examples – and warnings. It also discusses public-private partnerships (P3s), in which a college and a private company develop and operate structures and services like residence halls and dining, and newer types of partnerships with the growing number of for-profit companies that now offer services directly related to the academic mission.
Section 1: Why Join Forces?
Section 2: How Partnerships Succeed
Date: November 2022
Digital file size: 10.9 MB
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