| Notes |
Seth Andrew, who founded a network of more than 20 charter schools spread across the country, has been on a strange sort of mission over the past couple of years: to purchase a bucolic yet dying New England college campus and repurpose it as a new sort of educational institution.
After fleeting flirtations with Green Mountain College and Southern Vermont College, which both closed last year, Andrew met his match in the economically troubled Marlboro College in Vermont, which is expected to merge with Boston’s Emerson College later this year.
While Emerson will likely absorb the school’s remaining endowment, some tenured and tenure-track faculty, and many of the students, Andrew will claim the 500-acre campus and its buildings. The purchase-and-sale agreement was signed early this week, according to Dick Saudek, chair of Marlboro’s board of trustees. Both sides declined to release the purchase price before the deal is finalized. |