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Emerson looks to snap up small Vermont college
By adamg on Wed, 11/06/2019 - 4:17pm
Emerson College announced today it is looking to buy Marlboro College, in Marlboro, VT. In exchange for roughly $40 million in an endowment fund and the sale of land, Emerson would rename its current generically named liberal arts and interdisciplinary studies program as the Marlboro Institute for Liberal Arts and Interdisciplinary Studies at Emerson College. Marlboro students could then finish their studies in Boston - and their professors would be given slots at Emerson.
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It's true. The Halls of Academe do business differently
“One way to understand this transaction is to think of an individual making a $40 million gift to endow an existing college program. For Emerson, the gift will permanently fund Emerson’s Institute for Liberal Arts and Interdisciplinary Studies program,” Pelton (Emerson President) said. “For Marlboro, their legacy will live on, their students will benefit from enhanced educational programs, and their tenured and tenure-track faculty will continue to teach in an environment that supports intellectual creativity, innovation, and experiential learning.”
The gift will endow Emerson’s liberal arts and interdisciplinary studies program, which will be renamed the Marlboro Institute for Liberal Arts and Interdisciplinary Studies at Emerson College. Under the plan, Marlboro students will complete their degrees and Marlboro tenured and tenure-track faculty will continue to teach at Emerson. Marlboro will close its Vermont campus at the end of the 2019-2020 academic year.
As a Marlboro alum, i can say
As a Marlboro alum, i can say that this turn of events was a shock and disappointment.