Cash-Strapped Universities Turn to Corporate-Style Consolidation | TIME.com

Workers at Augusta State University in Georgia are spending the summer putting up new signs, redesigning the school’s website, and carting furniture and files among offices. There are new T-shirts in the bookstore, new logos on the business cards, a new fight song and alma mater–even a new name, for the first time, on the degrees of students who graduated in May.

What was known as Augusta State when those students arrived as freshmen has been combined with the neighboring Georgia Health Sciences University to form Georgia Regents University. It’s a kind of corporate-style consolidation that is becoming increasingly common not only for public institutions, but also for nonprofit, private ones that can pool their resources for marketing, fundraising, purchasing and information technology in a time of falling budgets.

via Cash-Strapped Universities Turn to Corporate-Style Consolidation | TIME.com.