Villanova Has Tentative Agreement to Buy Cabrini University Campus; Cabrini Will Close in 2024

Villanova University (PA) has reached a tentative agreement to buy the nearby campus of the cash-strapped Cabrini University, which will close at the end of the next academic year in June 2024, the presidents of both institutions told The Inquirer. Cabrini, a 66-year-old Catholic institution, like Villanova, had been exploring partnerships and merger possibilities, but given a deficit that had grown to more than $10 million in its approximate $45 million budget, Cabrini President Helen Drinan said closure was the path the school needed to take.