The deal offerings preferential treatment in exchange for capping tuition rates, restricting international enrollment and ending DEI programs, among other concessions.
Michael Schill resigned from Northwestern University last week, concluding a turbulent three-year tenure marred by political pressure and campus protests.
Notre Dame de Namur's 96.5-acre sale mirrors a strategic pivot among small private colleges that have downsized, specialized and digitized in recent years.
More than a dozen colleges and universities have announced budget cuts, staff layoffs and tuition increases in June and midway through July to cope with rising budget deficits.