College Consolidation is Real: Lack of State and Federal Funding

Future US higher ed consolidation has well been predicted by the Association many years ago.  Currently we learned that the consolidation not only has occurred in among private colleges, but also within the state-owned higher learning organizations.  WI and CT have moved forward to consolidating its higher ed into one single-roof management.  Needless to say that all that are happening right now, are the results of their (colleges’ ) past policies.  With the new administration plan to reduce federal funding, financial challenges facing colleges will increase even more difficult in the near future where spending is uncontrollable, and source of revenues are getting limited, then surely the Adam Smith’s invisible hand will work to correct the inefficiency in the system.

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