Tiny New York City College to Merge With Northeastern
- School will absorb assets, liabilities of Marymount Manhattan
- Deal marks latest in string of additions by Northeastern
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A small, private college on Manhattan’s Upper East Side is merging with Northeastern University, as the brutal economics of higher education unfold.
Marymount Manhattan College, a school of about 1,400 students that has struggled with dwindling enrollment, has agreed to combine with the Boston-based university, according to a joint statement from both schools. The move adds a sought-after New York presence to Northeastern’s rapidly growing footprint and would establish its 14th campus. The governing boards of both schools have signed off, though the arrangement is subject to state and federal regulatory approval.