Closing a college with dignity (part 3) (opinion)
In part three of a three-part series, former senior leaders at Cabrini University offer advice for navigating a closure, including ideas for how neighboring institutions can help—and not hurt. After a year of many last events, Cabrini University celebrated its final commencement ceremonies last May and a “legacy” event to ceremonially close the institution and pass the legacy to Villanova University, which purchased the campus. As the emotions have tempered, and Cabrini’s president and academic leadership team have moved on to new career opportunities, we offer these lessons learned for financially struggling colleges that may be facing the possibility of closure, as well as insights for colleges in positions of financial strength on how they can help.