Merger Plan Collapses for Virginia Intermont
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Virginia Intermont College announced Tuesday that its planned merger with Webber International University would not go through. The two institutions "have reached the joint and difficult conclusion that we do not have a viable model for merger in July. This deeply saddens the administration and the boards of each school, as we have very high regard for one another and we both strongly believe in Webber’s goal of uniting small colleges in order to preserve their identities," the statement said. Virginia Intermont has been struggling financially and hoped that linking up with a larger, business oriented university like Webber would allow the liberal arts program in Virginia to survive. Tuesday's statement said that the university would finish the semester and offer a summer session that ends June 27. But the statement did not indicate how the college plans to operate after that.
The Washington Post noted that Virginia Intermont's enrollment in the fall was 378, a 35 percent decline since 2010.