Marlboro College, a liberal arts school in southern Vermont with fewer than 200 students, is looking to fold into a larger institution after years of declining enrollment and mounting financial troubles. 

College officials announced potential plans Wednesday to transfer Marlboro’s academic programs to Emerson College, a private institution in Boston, by the start of the fall 2020 semester. Marlboro’s campus is expected to close at the end of the 2019-20 academic year, according to a statement from Emerson emailed to Education Dive. 

Marlboro had been exploring whether it could continue to operate on its own. But a “calamitous” drop in tuition revenue — from $7 million in 2012 to $2 million in 2018 — made that impossible, Kevin Quigley, Marlboro’s president, told Education Dive in

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