Navigating Higher Education Mergers with President David Schejbal, Excelsior University

What’s new

David Schejbal, president of Excelsior University, discusses the challenges of higher education mergers and acquisitions in today’s turbulent landscape.

Key insights

• Mergers are rising: Due to declining enrollments and the end of COVID-related financial aid, many institutions are struggling, with mergers offering a lifeline.
• Regulatory roadblocks: The process to merge two institutions is lengthy, complex, and often uncertain—taking up to two years for approval from state and federal authorities.
• Student impacts: Mergers can benefit students by expanding academic opportunities and ensuring they complete their degrees, but if unsuccessful, school closures harm students, taxpayers, and communities alike.

Why it matters

The landscape of higher education is rapidly shifting, with more closures than ever before. Institutions must adapt to survive, and regulatory innovations are needed to help streamline mergers.

The bigger picture

Schejbal likens higher ed’s current state to healthcare consolidation in past decades, suggesting that, like hospitals, many smaller schools will either close or join larger networks.

What’s next

The Presidents Forum will continue to elevate this conversation, advocating for more collaboration between institutions and regulators to protect students and the future of higher education.