Presidents believe the business models for elite private colleges, elite private liberal arts colleges and public
flagship universities are viable over the next 10 years. They are less likely to think the business model for
community colleges is viable, and relatively few think for-profit institutions and other private nonprofit
institutions have viable business models.
• Nearly all presidents believe that additional colleges will merge or close this year, with 30 percent predicting that
between one and five colleges will close, 40 percent between 6 and 10, and 29 percent more than 10.
• Thirteen percent of presidents say they could see their own college closing or merging in the next five years.
That is higher than the 9 percent of chief business officers who answered that way in an Inside Higher Ed survey