The new town is called "ScoLarKow" and it's just for -.- studying. Two new skills called: Intelligence and Instinct can now be trained, if you've got 10k Intelligence you can do the science trainings, that's like "herblore". You'll be able to make potions, anti poisons and cures in exchange for a little energy. If you have 5k Intelligence and 5k Instinct, you'll be able to do the survival course. You'll be able to hide from everyone and to see everyone on the map.
It will take 1 year to complete one of these 2 trainings, good luck ;)