Tag Archives: Emerson College

Marlboro “merger” shows just how bad things are in higher ed

Nice little place you got here. Shame if something happened to it.

Marlboro College has announced an “alliance” with Boston-based Emerson College, which basically involves Marlboro paying $40 million for the right to be chewed up and swallowed.

Such a deal.

The southern Vermont school has been searching for a partner, and this agreement shows just how desperate the search had become. Marlboro is signing over its $30 million endowment and its $10 million real estate portfolio to Emerson which, I guess, means that Marlboro’s market value was negative $40 million? Yikes.

Here’s a little whipped cream on that sundae: Marlboro says it’s shutting down after the current academic year — but this “merger” won’t be finalized until next July!

After the college shuts down.

So, what’s Plan B? We all set ourselves on fire?

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