EAB’s Kaitlyn Maloney and Jackson Nell examine the higher education market to determine whether there is an oversupply of providers relative to the number of consumers who want a college degree. Their team has examined decades’ worth of M&A deals to highlight trends in consolidation activity, motivations among buyers and those being acquired, and types of partnerships that offer advantages over outright mergers. They also offer tips for institutions looking for partners to stave off closure or merely to fill gaps in their program portfolios.