Two days after Saint Leo University and Marymount California University called off plans to merge, the latter institution announced Friday that it would close in August. “Like other small, tuition-dependent schools, MCU has struggled financially in recent years in the face of declining enrollment, rising costs and a pandemic, which university leaders acknowledged put them in a position of not having the resources needed to support the institution’s operational expenses,” a news release from the university said.
https://www.insidehighered.com/news/2022/04/23/marymount-california-will-close-after-failed-merger
