No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Saturday, February 28, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home College

Lessons from a college merger on higher education’s next chapter

by TheAdviserMagazine
5 months ago
in College
Reading Time: 5 mins read
A A
Lessons from a college merger on higher education’s next chapter
Share on FacebookShare on TwitterShare on LInkedIn



Listen to the article
5 min

This audio is auto-generated. Please let us know if you have feedback.

Jill Murray is the president and chief innovation officer of Lackawanna College, a private nonprofit institution whose main campus is located in Scranton, Pennsylvania.

Earlier this summer, as graduates across the country walked onstage, shook hands and received their diplomas, speakers from all walks of life stood before them and shared messages of hope, inspiration and guidance. They spoke of overcoming obstacles, leaning into change and finding the path to fulfillment. They painted broad pictures of how the Class of 2025 can embark on their next chapter with meaning and purpose. 

In hearing these commencement speeches, it became clear to me that the higher education industry could use one of its own.

Like our graduates who have been transformed by their time in college, higher ed is undergoing its own transformation. From regulatory complexities to financial pressures and enrollment challenges, higher ed must turn a new chapter to meet the needs of students and communities today. 

While those hurdles might feel insurmountable, colleges can look beyond their traditional ways of operating to succeed in this new environment. Through partnership and collaboration with other institutions rooted in a shared mission to make education accessible, we can best serve our students, communities and society at large.

Headshot

Jill Murray, president and chief innovation officer of Lackawanna College

Permission granted by Nick Puleo on behalf of Lackawanna College and Todd Hiller Photography

 

As president of Lackawanna College, I’ve witnessed this firsthand. On June 30, our merger with Peirce College of Philadelphia was approved by the Middle States Commission on Higher Education, nearly a year after we first announced our intent to join forces. 

As we enter the first phase of our integration, I find myself reflecting on valuable lessons about the power of collaboration that can help other leaders in higher ed as they embark on the next chapter for their institutions. For colleges and universities across the country, the message of my would-be commencement speech is simple — we all need to grow with purpose. Here’s how.

1. Make mission matter

Merger and acquisition activity in higher ed has soared in the last few years — a nearly threefold increase between 2001-2005 and 2016-2020, according to a 2023 McKinsey & Co analysis. Strategic partnerships allow likeminded institutions to combine resources and better meet the needs of today’s students, who increasingly want more flexibility. That can mean everything from in-person and virtual offerings to certifications, microcredentials and accelerated master’s programs.

The keyword here is “likeminded.” For a merger to succeed, it’s critical that the parties are aligned on mission and values. 

From the start, Lackawanna and Peirce knew that we held the same core belief in the transformative value of education. We shared a deep commitment to providing accessible, affordable, high-quality education to help individuals transform their lives. When you approach something as significant as a merger with such foundational agreement and common ground, you can know that the ultimate goal — to better serve students and the workforce — will remain the driving force of the partnership.

2. Evolve with intention

We tend to view growth as a good thing. But without a strategic intent or plan, growth can quickly balloon out of control or not occur at all. For higher ed institutions, growth areas should focus on what current and prospective students — and the community — need. 

Partnerships should be driven by a desire to combine strengths and expand opportunities, not just grow numbers. When we embarked on our partnership with Peirce, we did not do so with the goal of becoming the largest open-enrollment, private, nonprofit institution in the Commonwealth of Pennsylvania at the undergraduate level. 

Our goal was to offer our students a more expansive breadth of innovative learning experiences that would provide greater flexibility and career preparedness. By combining our offerings, we now have a comprehensive and robust academic offering, ranging from certificates to graduate programs, for students of all ages and backgrounds. This growth is meaningful for our students and our communities.

3. Embrace innovation

Higher ed has entered a new era — one in which prospective students are reevaluating the value of a college degree. Only 1 in 4 U.S. adults “say it’s extremely or very important to have a four-year college degree in order to get a well-paying job in today’s economy,” according to a 2023 Pew Research Center survey. Students of all ages and backgrounds are looking for new educational avenues that are affordable, accessible, and will give them the skills they need to advance in their careers.

Higher ed institutions remain a critical resource, but we must be willing to be disruptive, embrace innovation and explore new models if we want to continue to serve new generations of students. 

The key to this is proactivity. Lackawanna and Peirce didn’t join forces out of necessity. We joined forces because we knew it was the best way to give our students and our communities access to affordable, high-quality education in a variety of modalities and academic pathways. Together, we can better serve their needs today and tomorrow.

The future is bright

Like any good commencement speech, I’d close by assuring the audience that the future of higher education is bright. We are in the unique position of being the ones to shape it, so long as we aren’t afraid of disrupting the status quo.  



Source link

Tags: ChapterCollegeEducationshigherLessonsmerger
ShareTweetShare
Previous Post

Nearly Half of Workers Admit to Revenge Quitting. Here’s Why.

Next Post

Gold, silver hit fresh highs on Fed easing, Navratri boost; yellow metal up Rs 1,300/10 gm, silver jumps Rs 2,800/kg

Related Posts

edit post
Building Institutional Culture Beyond the Guidebooks

Building Institutional Culture Beyond the Guidebooks

by TheAdviserMagazine
February 27, 2026
0

bluestork/Shutterstock As a campus leader, your role is to have a clear vision and plan to instill the culture you...

edit post
Teamwork in Learning Is Passé: How Guided Independence Builds Deep Learning – Faculty Focus

Teamwork in Learning Is Passé: How Guided Independence Builds Deep Learning – Faculty Focus

by TheAdviserMagazine
February 26, 2026
0

I will never forget the expression of bewilderment and abject fear on my undergraduate researcher’s face when I said “Can you create a mathematical model of worms...

edit post
Japan hits internationalisation target eight years early

Japan hits internationalisation target eight years early

by TheAdviserMagazine
February 26, 2026
0

New data from Japan’s Immigration Services Agency shows international student numbers reached 435,000 in June 2025, growing by 8% on the previous...

edit post
Practical Approaches to Leadership, Decision-Making, and Well-Being in Higher Ed

Practical Approaches to Leadership, Decision-Making, and Well-Being in Higher Ed

by TheAdviserMagazine
February 25, 2026
0

  by Kelly A. Cherwin Cagkan Sayin/Shutterstock At the recent American Association of Colleges and Universities (AAC&U) Annual Meeting, several...

edit post
From Time-Saver to Teaching Transformer: Harnessing AI’s Pedagogical Power – Faculty Focus

From Time-Saver to Teaching Transformer: Harnessing AI’s Pedagogical Power – Faculty Focus

by TheAdviserMagazine
February 24, 2026
0

It’s Sunday night. You’re prepping for three different courses tomorrow, you have 50 discussion posts waiting for feedback, and you just remembered you need...

edit post
DOJ sues University of California over antisemitism allegations in latest salvo

DOJ sues University of California over antisemitism allegations in latest salvo

by TheAdviserMagazine
February 24, 2026
0

The U.S. Department of Justice’s Civil Rights Division sued the University of California system on Tuesday over allegations that its...

Next Post
edit post
Gold, silver hit fresh highs on Fed easing, Navratri boost; yellow metal up Rs 1,300/10 gm, silver jumps Rs 2,800/kg

Gold, silver hit fresh highs on Fed easing, Navratri boost; yellow metal up Rs 1,300/10 gm, silver jumps Rs 2,800/kg

edit post
Tariff war clouds global growth as US faces legal and economic crossroads

Tariff war clouds global growth as US faces legal and economic crossroads

  • Trending
  • Comments
  • Latest
edit post
Foreclosure Starts are Up 19%—These Counties are Seeing the Highest Distress

Foreclosure Starts are Up 19%—These Counties are Seeing the Highest Distress

February 24, 2026
edit post
Medicare Fraud In California – 2.5% Of The Population Accounts For 18% Of NATIONWIDE Healthcare Spending

Medicare Fraud In California – 2.5% Of The Population Accounts For 18% Of NATIONWIDE Healthcare Spending

February 3, 2026
edit post
North Carolina Updates How Wills Can Be Stored

North Carolina Updates How Wills Can Be Stored

February 10, 2026
edit post
Gasoline-starved California is turning to fuel from the Bahamas

Gasoline-starved California is turning to fuel from the Bahamas

February 15, 2026
edit post
Where Is My 2025 Oregon State Tax Refund

Where Is My 2025 Oregon State Tax Refund

February 13, 2026
edit post
7 States Reporting a Surge in Norovirus Cases

7 States Reporting a Surge in Norovirus Cases

February 22, 2026
edit post
The Multipolar Collapse And The Illusion Of AI With Martin Armstrong

The Multipolar Collapse And The Illusion Of AI With Martin Armstrong

0
edit post
Quicken Business & Personal Review

Quicken Business & Personal Review

0
edit post
Hyperliquid (HYPE) Eyes Native Token Issuance With Latest Upgrade Plan

Hyperliquid (HYPE) Eyes Native Token Issuance With Latest Upgrade Plan

0
edit post
Betting giant Flutter forecasts 2026 profit far below estimates on US challenges

Betting giant Flutter forecasts 2026 profit far below estimates on US challenges

0
edit post
Why some of us feel relief when plans get canceled, and it has nothing to do with being antisocial. It’s the first time all week our nervous system isn’t bracing for something.

Why some of us feel relief when plans get canceled, and it has nothing to do with being antisocial. It’s the first time all week our nervous system isn’t bracing for something.

0
edit post
Could Your Family Survive a ,000 Deductible?

Could Your Family Survive a $31,000 Deductible?

0
edit post
The Multipolar Collapse And The Illusion Of AI With Martin Armstrong

The Multipolar Collapse And The Illusion Of AI With Martin Armstrong

February 28, 2026
edit post
Hyperliquid (HYPE) Eyes Native Token Issuance With Latest Upgrade Plan

Hyperliquid (HYPE) Eyes Native Token Issuance With Latest Upgrade Plan

February 28, 2026
edit post
Why some of us feel relief when plans get canceled, and it has nothing to do with being antisocial. It’s the first time all week our nervous system isn’t bracing for something.

Why some of us feel relief when plans get canceled, and it has nothing to do with being antisocial. It’s the first time all week our nervous system isn’t bracing for something.

February 27, 2026
edit post
Fidelity Discusses Bitcoin Moving From Short-Term Trade to Long-Term Macro Portfolio Asset

Fidelity Discusses Bitcoin Moving From Short-Term Trade to Long-Term Macro Portfolio Asset

February 27, 2026
edit post
The Growing Trend and What’s Behind It

The Growing Trend and What’s Behind It

February 27, 2026
edit post
OpenAI is negotiating with the U.S. government, Sam Altman tells staff

OpenAI is negotiating with the U.S. government, Sam Altman tells staff

February 27, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • The Multipolar Collapse And The Illusion Of AI With Martin Armstrong
  • Hyperliquid (HYPE) Eyes Native Token Issuance With Latest Upgrade Plan
  • Why some of us feel relief when plans get canceled, and it has nothing to do with being antisocial. It’s the first time all week our nervous system isn’t bracing for something.
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.