FAIRFAX, Va., March 25 -- George Mason University issued the following news release:

Colleges and universities face significant demographic, financial, technological, and political changes that affect enrollment, tuition and financial aid, athletics programs, and career outcomes. The institutions that will succeed in the future are the ones today transforming their operational models and establishing robust alliances across sectors.

That was the prevailing sentiment March 17 when higher education leaders from across the country convened at Fuse at Mason Square for the inaugural P3*EDU MAP Summit. (P3 is short for public-private partnerships, and MAP stands for mergers, affiliations, and partnerships.)

"Depending on how you count them, we...