Today Marlboro College announced the sale of its 500-acre college campus in Marlboro, Vermont, to Democracy Builders Fund, Inc., in anticipation of the completion of Marlboro’s alliance with Emerson College. Democracy Builders seeks to use the campus as a staging ground for an innovative vision for higher education that dramatically improves outcomes for low-income and first generation students.
Emerson College is pleased that progress is being made toward the completion of the alliance, which the two institutions have worked hard to develop over the last several months. To that end, the Marlboro and Emerson college boards have both recently approved a provisional agreement to form the alliance.
These developments are a significant achievement for both college communities, and the schools now enter a period of due diligence that is expected to lead to a final agreement, as planned, by July 1.