Northeastern University plans to merge with Marymount Manhattan College, adding a NYC campus and exemplifying larger universities absorbing smaller colleges.

Northeastern University is set to merge with Marymount Manhattan College, a small NYC school with dwindling enrollment. The merger, subject to state and federal regulatory approval, adds a NYC presence to Northeastern's growing network and establishes its 14th campus. The deal exemplifies a growing divergence in America's higher education system, with larger universities absorbing smaller colleges.