Institutions like universities are highly regarded as community anchors because they are seen as geographically immobile, unlike factories or people.
But as higher education gets squeezed, will this change?
Law schools are among those feeling the heat right now. A news report out of Tennessee reports that the Valparaiso University law school in Northwest Indiana is contemplating a move to Tennessee to become part of Middle Tennessee State University.
This is only one program, not an entire university. But it’s pretty extraordinary news.
Let’s not get carried away. Universities are still largely fixed. But this shows the extent to which survival challenges may dictate radical actions by universities, particularly for less than elite/flagship schools in weaker market communities.