The purchase of AC Grayling’s elite alternative provider raises a number of questions for English higher education.
On Tuesday, the New College of the Humanities announced that it was to merge with Northeastern University in the United States. The merger, or acquisition to be more accurate, will go through in a month’s time, subject to approval from UK regulators.
Details have yet to emerge of the financial package, which will see the US university, a private, not-for-profit institution, buy out the shareholders of Tertiary Education Services, the parent company of NCHum. The college will also now become a not-for-profit entity known as NCH at Northeastern.