Marymount California will shut after failed merger

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Two days after Saint Leo College and Marymount California College referred to as off plans to merge, the latter establishment announced Friday that it could shut in August.

“Like different small, tuition-dependent colleges, MCU has struggled financially in recent times within the face of declining enrollment, rising prices and a pandemic, which college leaders acknowledged put them able of not having the sources wanted to assist the establishment’s operational bills,” a information launch from the college stated.

“That is an especially unhappy day for Marymount and for the legacy and traditions misplaced, each for our campus neighborhood and the native Palos Verdes space we’ve got referred to as residence for greater than 50 years,” the discharge quoted Brian Marcotte, the college’s president, as saying.

Marymount California was based by the Non secular of the Sacred Coronary heart of Mary order within the late Sixties as a two-year establishment and started an aggressive push to turn out to be a four-year establishment with graduate applications in 2010.

Marymount California has seen its enrollment fall by greater than half since 2014–15, and it has burned through campus leaders.

Final summer season it introduced that it could merge into Saint Leo, one other Roman Catholic establishment positioned a continent away, in Florida.

However in December, Saint Leo’s accreditor, the Southern Affiliation of Schools and Faculties Fee on Schools, rejected its initial plan for the merger. That led the 2 events this week to formally call off the merger.

“The events didn’t obtain regulatory approval as anticipated in December 2021 and, confronted with an prolonged timeline for consummation of the transaction, in the end determined it was in one of the best pursuits of each universities to half methods amicably,” an announcement from Saint Leo stated.

The closure announcement got here late Friday after a vote by Marymount California’s board.

“This choice was not made calmly,” Marcotte stated. “However we felt probably the most compassionate factor to do was to present everybody time to make plans. Our focus now can be to assist our college students, school and employees.”

Marymount California is the second small unbiased establishment to announce its closure this spring. Final month, Lincoln School in Illinois said it would close in mid-Might, citing the influence of COVID-19 and a cyberattack that thwarted its admissions course of as faculty officers hoped to rebound.

The ultimate weeks of an educational yr are sometimes a time when bulletins like these emerge, because the enrollment image for the next fall turns into clear and the numbers do not assist the deliberate bills.

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Our names are Fareedah and Kamilah Amoo. We are seven and five year’s old sisters and live in Ontario, Canada, with our parents and little brother, Awad. We love writing stories, painting on canva, coding, reading books, and enjoying arts and crafts. Our goal is to motivate every child worldwide to read more books.

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