NACUA 2021 Virtual Conference

Miyoko Sato will be a panelist on "The Great Contraction: Managing Financial Distress with Strategic Partnerships, Mergers, and Institutional and Program Closures" at NACUA's 2021 Virtual Conference. 

This interactive session will explore the pressures causing institutions financial distress, including overbearing student debt, shrinking demographics, reduced government aid, COVID economics, and facility arms races. Panelists will discuss the following topics:

• Identify some of the main considerations for institutions to consider when determining the strategy for managing financial distress: is a closure, merger, consolidation, or strategic partnership right for your institution?
• What should institutions expect in the process of merging or closing? Creating a plan forward: mapping out a timeline and identifying the key benchmarks in a successful sustainability plan
• Receive guidance and share experiences on what it takes to assess viability and plan and implement a new business model which thinks outside the box and considers teach-outs, expediency, creditor negotiations, joint ventures, combinations, mergers, wind downs, smaller more successful footprints, or even repurposing assets