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Date Posted: Sun, August 30 2020, 4:45:13
Author: Go_Griffs
Subject: Future of Canisius...mergers?

Saw this article in the NY Times recently:

https://www.nytimes.com/2020/08/11/upshot/university-of-arizona-ashford-zovio-online-college.html

and was reminded of when Georgia Southern merged with Armstrong State: https://collegead.com/the-end-is-a-new-beginning-the-georgia-southern-and-armstrong-state-athletics-merger/

What if the path to success for CC is to merge with other local private schools (Daemen and Medaille) that are also feeling the financial impact of COVID-19 and a general decline in enrollment - thus increasing the overall footprint and offerings of the schools while growing the academic and athletic talent pool. Acquiring a for-profit online only school in order to further grow Canisius' online offerings and infrastructure could help with enrollment numbers without draining on-campus resources.

Just an idea. Going from 2,000 to 6,000 students and a larger footprint can't hurt.

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Replies:

[> Re: Future of Canisius...mergers? -- Interesting thought, Sun, August 30 2020, 8:25:14

If the schools did this they would have an endowment of $183 million. The school also needs to have a common / long term vision. All 3 schools have been focused on the short term vs. long term. I was hoping that President Hurley’s You Tube video was a bit more focused on what CC would do to get on track and become more of a regional institution. St. Peter pray for us.

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[> Re: Future of Canisius...mergers? -- Interesting idea., Sun, August 30 2020, 11:42:25

Heard a few years back that we had considered buying Trocaire.

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[> [> Re: Future of Canisius...mergers? -- Go_Griffs, Mon, August 31 2020, 2:23:49

Trocaire does offer a ton of online classes. If Canisius absorbed or merged with Daemen, Medaille, and d'Youville as well - that would make for a total of around $150-170 million with an estimated 10K students - which would hopefully make for a larger alumni base in the long term and a nice donation infusion in the future. They would all have to get on the same page with program offerings, graduate degrees, etc. Would probably allow for Canisius to finally make that name change from college to university as well.

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[> [> [> Re: Future of Canisius...mergers? -- We need a President & BOR who could pull this off., Mon, August 31 2020, 10:20:33

For me the more radical ideas the better, so that the school thinks besides the obvious.

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[> [> [> Re: Future of Canisius...mergers? -- BfloGriff, Mon, August 31 2020, 11:30:10

As I recall there was once some talk about Canisius merging with Medaille and it didn't go any where because the admissions criteria of the schools were not the same, i.e., Canisius had higher standards and was more selective.

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[> [> [> [> Re: Future of Canisius...mergers? -- Go_Griffs, Mon, August 31 2020, 15:32:10

In order to survive, there must be compromise. If CC can expand its size and offerings, it might be able to come out of this pandemic in an OK spot as the private school alternative in Buffalo.

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[> [> [> [> [> Re: Future of Canisius...mergers? -- BfloGriff, Tue, September 01 2020, 6:51:15

Well, it looks like they're already tinkering with the academic issue.

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[> [> [> [> [> [> Re: Future of Canisius...mergers? -- Go_Griffs, Wed, September 02 2020, 6:32:03

Yes, perhaps streamlining the programs and focusing on professional and vocational studies is part of a larger merger strategy. If our enrollment jumps to 9K across the city, might be easier to build a real nice culture and atmosphere at basketball games too.

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