diff --git a/activerecord/lib/active_record/connection_adapters/column.rb b/activerecord/lib/active_record/connection_adapters/column.rb
index 02d546209d..61cd7ae4cc 100644
--- a/activerecord/lib/active_record/connection_adapters/column.rb
+++ b/activerecord/lib/active_record/connection_adapters/column.rb
@@ -40,6 +40,28 @@ module ActiveRecord
         Base.human_attribute_name(@name)
       end
 
+      def init_with(coder)
+        @name = coder["name"]
+        @table_name = coder["table_name"]
+        @sql_type_metadata = coder["sql_type_metadata"]
+        @null = coder["null"]
+        @default = coder["default"]
+        @default_function = coder["default_function"]
+        @collation = coder["collation"]
+        @comment = coder["comment"]
+      end
+
+      def encode_with(coder)
+        coder["name"] = @name
+        coder["table_name"] = @table_name
+        coder["sql_type_metadata"] = @sql_type_metadata
+        coder["null"] = @null
+        coder["default"] = @default
+        coder["default_function"] = @default_function
+        coder["collation"] = @collation
+        coder["comment"] = @comment
+      end
+
       def ==(other)
         other.is_a?(Column) &&
           attributes_for_hash == other.attributes_for_hash
diff --git a/activerecord/lib/active_record/connection_adapters/schema_cache.rb b/activerecord/lib/active_record/connection_adapters/schema_cache.rb
index 8219f132c3..3a319c4029 100644
--- a/activerecord/lib/active_record/connection_adapters/schema_cache.rb
+++ b/activerecord/lib/active_record/connection_adapters/schema_cache.rb
@@ -21,6 +21,22 @@ module ActiveRecord
         @data_sources = @data_sources.dup
       end
 
+      def encode_with(coder)
+        coder["columns"] = @columns
+        coder["columns_hash"] = @columns_hash
+        coder["primary_keys"] = @primary_keys
+        coder["data_sources"] = @data_sources
+        coder["version"] = ActiveRecord::Migrator.current_version
+      end
+
+      def init_with(coder)
+        @columns = coder["columns"]
+        @columns_hash = coder["columns_hash"]
+        @primary_keys = coder["primary_keys"]
+        @data_sources = coder["data_sources"]
+        @version = coder["version"]
+      end
+
       def primary_keys(table_name)
         @primary_keys[table_name] ||= data_source_exists?(table_name) ? connection.primary_key(table_name) : nil
       end
diff --git a/activerecord/lib/active_record/railtie.rb b/activerecord/lib/active_record/railtie.rb
index 7ce10df6d4..2701c5bca9 100644
--- a/activerecord/lib/active_record/railtie.rb
+++ b/activerecord/lib/active_record/railtie.rb
@@ -82,15 +82,15 @@ module ActiveRecord
       if config.active_record.delete(:use_schema_cache_dump)
         config.after_initialize do |app|
           ActiveSupport.on_load(:active_record) do
-            filename = File.join(app.config.paths["db"].first, "schema_cache.dump")
+            filename = File.join(app.config.paths["db"].first, "schema_cache.yml")
 
             if File.file?(filename)
-              cache = Marshal.load File.binread filename
+              cache = YAML.load(File.read(filename))
               if cache.version == ActiveRecord::Migrator.current_version
                 self.connection.schema_cache = cache
                 self.connection_pool.schema_cache = cache.dup
               else
-                warn "Ignoring db/schema_cache.dump because it has expired. The current schema version is #{ActiveRecord::Migrator.current_version}, but the one in the cache is #{cache.version}."
+                warn "Ignoring db/schema_cache.yml because it has expired. The current schema version is #{ActiveRecord::Migrator.current_version}, but the one in the cache is #{cache.version}."
               end
             end
           end
diff --git a/activerecord/lib/active_record/railties/databases.rake b/activerecord/lib/active_record/railties/databases.rake
index 46235ab922..25d79a6c7d 100644
--- a/activerecord/lib/active_record/railties/databases.rake
+++ b/activerecord/lib/active_record/railties/databases.rake
@@ -265,19 +265,19 @@ db_namespace = namespace :db do
     end
 
     namespace :cache do
-      desc "Creates a db/schema_cache.dump file."
+      desc "Creates a db/schema_cache.yml file."
       task dump: [:environment, :load_config] do
-        con = ActiveRecord::Base.connection
-        filename = File.join(ActiveRecord::Tasks::DatabaseTasks.db_dir, "schema_cache.dump")
+        conn = ActiveRecord::Base.connection
+        filename = File.join(ActiveRecord::Tasks::DatabaseTasks.db_dir, "schema_cache.yml")
 
-        con.schema_cache.clear!
-        con.data_sources.each { |table| con.schema_cache.add(table) }
-        open(filename, "wb") { |f| f.write(Marshal.dump(con.schema_cache)) }
+        conn.schema_cache.clear!
+        conn.data_sources.each { |table| conn.schema_cache.add(table) }
+        open(filename, "wb") { |f| f.write(YAML.dump(conn.schema_cache)) }
       end
 
-      desc "Clears a db/schema_cache.dump file."
+      desc "Clears a db/schema_cache.yml file."
       task clear: [:environment, :load_config] do
-        filename = File.join(ActiveRecord::Tasks::DatabaseTasks.db_dir, "schema_cache.dump")
+        filename = File.join(ActiveRecord::Tasks::DatabaseTasks.db_dir, "schema_cache.yml")
         rm_f filename, verbose: false
       end
     end
diff --git a/activerecord/test/assets/schema_dump_5_1.yml b/activerecord/test/assets/schema_dump_5_1.yml
new file mode 100644
index 0000000000..f37977daf2
--- /dev/null
+++ b/activerecord/test/assets/schema_dump_5_1.yml
@@ -0,0 +1,345 @@
+--- !ruby/object:ActiveRecord::ConnectionAdapters::SchemaCache
+columns:
+  posts:
+  - &1 !ruby/object:ActiveRecord::ConnectionAdapters::Column
+    name: id
+    table_name: posts
+    sql_type_metadata: !ruby/object:ActiveRecord::ConnectionAdapters::SqlTypeMetadata
+      sql_type: INTEGER
+      type: :integer
+      limit: 
+      precision: 
+      scale: 
+    'null': false
+    default: 
+    default_function: 
+    collation: 
+    comment: 
+  - &2 !ruby/object:ActiveRecord::ConnectionAdapters::Column
+    name: author_id
+    table_name: posts
+    sql_type_metadata: !ruby/object:ActiveRecord::ConnectionAdapters::SqlTypeMetadata
+      sql_type: integer
+      type: :integer
+      limit: 
+      precision: 
+      scale: 
+    'null': true
+    default: 
+    default_function: 
+    collation: 
+    comment: 
+  - &3 !ruby/object:ActiveRecord::ConnectionAdapters::Column
+    name: title
+    table_name: posts
+    sql_type_metadata: !ruby/object:ActiveRecord::ConnectionAdapters::SqlTypeMetadata
+      sql_type: varchar
+      type: :string
+      limit: 
+      precision: 
+      scale: 
+    'null': false
+    default: 
+    default_function: 
+    collation: 
+    comment: 
+  - &4 !ruby/object:ActiveRecord::ConnectionAdapters::Column
+    name: body
+    table_name: posts
+    sql_type_metadata: !ruby/object:ActiveRecord::ConnectionAdapters::SqlTypeMetadata
+      sql_type: text
+      type: :text
+      limit: 
+      precision: 
+      scale: 
+    'null': false
+    default: 
+    default_function: 
+    collation: 
+    comment: 
+  - &5 !ruby/object:ActiveRecord::ConnectionAdapters::Column
+    name: type
+    table_name: posts
+    sql_type_metadata: !ruby/object:ActiveRecord::ConnectionAdapters::SqlTypeMetadata
+      sql_type: varchar
+      type: :string
+      limit: 
+      precision: 
+      scale: 
+    'null': true
+    default: 
+    default_function: 
+    collation: 
+    comment: 
+  - &6 !ruby/object:ActiveRecord::ConnectionAdapters::Column
+    name: comments_count
+    table_name: posts
+    sql_type_metadata: !ruby/object:ActiveRecord::ConnectionAdapters::SqlTypeMetadata
+      sql_type: integer
+      type: :integer
+      limit: 
+      precision: 
+      scale: 
+    'null': true
+    default: '0'
+    default_function: 
+    collation: 
+    comment: 
+  - &7 !ruby/object:ActiveRecord::ConnectionAdapters::Column
+    name: taggings_with_delete_all_count
+    table_name: posts
+    sql_type_metadata: !ruby/object:ActiveRecord::ConnectionAdapters::SqlTypeMetadata
+      sql_type: integer
+      type: :integer
+      limit: 
+      precision: 
+      scale: 
+    'null': true
+    default: '0'
+    default_function: 
+    collation: 
+    comment: 
+  - &8 !ruby/object:ActiveRecord::ConnectionAdapters::Column
+    name: taggings_with_destroy_count
+    table_name: posts
+    sql_type_metadata: !ruby/object:ActiveRecord::ConnectionAdapters::SqlTypeMetadata
+      sql_type: integer
+      type: :integer
+      limit: 
+      precision: 
+      scale: 
+    'null': true
+    default: '0'
+    default_function: 
+    collation: 
+    comment: 
+  - &9 !ruby/object:ActiveRecord::ConnectionAdapters::Column
+    name: tags_count
+    table_name: posts
+    sql_type_metadata: !ruby/object:ActiveRecord::ConnectionAdapters::SqlTypeMetadata
+      sql_type: integer
+      type: :integer
+      limit: 
+      precision: 
+      scale: 
+    'null': true
+    default: '0'
+    default_function: 
+    collation: 
+    comment: 
+  - &10 !ruby/object:ActiveRecord::ConnectionAdapters::Column
+    name: tags_with_destroy_count
+    table_name: posts
+    sql_type_metadata: !ruby/object:ActiveRecord::ConnectionAdapters::SqlTypeMetadata
+      sql_type: integer
+      type: :integer
+      limit: 
+      precision: 
+      scale: 
+    'null': true
+    default: '0'
+    default_function: 
+    collation: 
+    comment: 
+  - &11 !ruby/object:ActiveRecord::ConnectionAdapters::Column
+    name: tags_with_nullify_count
+    table_name: posts
+    sql_type_metadata: !ruby/object:ActiveRecord::ConnectionAdapters::SqlTypeMetadata
+      sql_type: integer
+      type: :integer
+      limit: 
+      precision: 
+      scale: 
+    'null': true
+    default: '0'
+    default_function: 
+    collation: 
+    comment: 
+columns_hash:
+  posts:
+    id: *1
+    author_id: *2
+    title: *3
+    body: *4
+    type: *5
+    comments_count: *6
+    taggings_with_delete_all_count: *7
+    taggings_with_destroy_count: *8
+    tags_count: *9
+    tags_with_destroy_count: *10
+    tags_with_nullify_count: *11
+primary_keys:
+  posts: id
+data_sources:
+  ar_internal_metadata: true
+  table_with_autoincrement: true
+  accounts: true
+  admin_accounts: true
+  admin_users: true
+  aircraft: true
+  articles: true
+  articles_magazines: true
+  articles_tags: true
+  audit_logs: true
+  authors: true
+  author_addresses: true
+  author_favorites: true
+  auto_id_tests: true
+  binaries: true
+  birds: true
+  books: true
+  booleans: true
+  bulbs: true
+  CamelCase: true
+  cars: true
+  carriers: true
+  categories: true
+  categories_posts: true
+  categorizations: true
+  citations: true
+  clubs: true
+  collections: true
+  colnametests: true
+  columns: true
+  comments: true
+  companies: true
+  content: true
+  content_positions: true
+  vegetables: true
+  computers: true
+  computers_developers: true
+  contracts: true
+  customers: true
+  customer_carriers: true
+  dashboards: true
+  developers: true
+  developers_projects: true
+  dog_lovers: true
+  dogs: true
+  doubloons: true
+  edges: true
+  engines: true
+  entrants: true
+  essays: true
+  events: true
+  eyes: true
+  funny_jokes: true
+  cold_jokes: true
+  friendships: true
+  goofy_string_id: true
+  having: true
+  guids: true
+  guitars: true
+  inept_wizards: true
+  integer_limits: true
+  invoices: true
+  iris: true
+  items: true
+  jobs: true
+  jobs_pool: true
+  keyboards: true
+  legacy_things: true
+  lessons: true
+  lessons_students: true
+  students: true
+  lint_models: true
+  line_items: true
+  lions: true
+  lock_without_defaults: true
+  lock_without_defaults_cust: true
+  magazines: true
+  mateys: true
+  members: true
+  member_details: true
+  member_friends: true
+  memberships: true
+  member_types: true
+  mentors: true
+  minivans: true
+  minimalistics: true
+  mixed_case_monkeys: true
+  mixins: true
+  movies: true
+  notifications: true
+  numeric_data: true
+  orders: true
+  organizations: true
+  owners: true
+  paint_colors: true
+  paint_textures: true
+  parrots: true
+  parrots_pirates: true
+  parrots_treasures: true
+  people: true
+  peoples_treasures: true
+  personal_legacy_things: true
+  pets: true
+  pets_treasures: true
+  pirates: true
+  posts: true
+  serialized_posts: true
+  images: true
+  price_estimates: true
+  products: true
+  product_types: true
+  projects: true
+  randomly_named_table1: true
+  randomly_named_table2: true
+  randomly_named_table3: true
+  ratings: true
+  readers: true
+  references: true
+  shape_expressions: true
+  ships: true
+  ship_parts: true
+  prisoners: true
+  shop_accounts: true
+  speedometers: true
+  sponsors: true
+  string_key_objects: true
+  subscribers: true
+  subscriptions: true
+  tags: true
+  taggings: true
+  tasks: true
+  topics: true
+  toys: true
+  traffic_lights: true
+  treasures: true
+  tuning_pegs: true
+  tyres: true
+  variants: true
+  vertices: true
+  warehouse-things: true
+  circles: true
+  squares: true
+  triangles: true
+  non_poly_ones: true
+  non_poly_twos: true
+  men: true
+  faces: true
+  interests: true
+  zines: true
+  wheels: true
+  countries: true
+  treaties: true
+  countries_treaties: true
+  liquid: true
+  molecules: true
+  electrons: true
+  weirds: true
+  nodes: true
+  trees: true
+  hotels: true
+  departments: true
+  cake_designers: true
+  drink_designers: true
+  chefs: true
+  recipes: true
+  records: true
+  overloaded_types: true
+  users: true
+  test_with_keyword_column_name: true
+  fk_test_has_pk: true
+  fk_test_has_fk: true
+version: 0
diff --git a/activerecord/test/cases/connection_adapters/schema_cache_test.rb b/activerecord/test/cases/connection_adapters/schema_cache_test.rb
index d4459603af..1b4f80fc67 100644
--- a/activerecord/test/cases/connection_adapters/schema_cache_test.rb
+++ b/activerecord/test/cases/connection_adapters/schema_cache_test.rb
@@ -12,6 +12,33 @@ module ActiveRecord
         assert_equal "id", @cache.primary_keys("posts")
       end
 
+      def test_yaml_dump_and_load
+        @cache.columns("posts")
+        @cache.columns_hash("posts")
+        @cache.data_sources("posts")
+        @cache.primary_keys("posts")
+
+        new_cache = YAML.load(YAML.dump(@cache))
+        assert_no_queries do
+          assert_equal 11, new_cache.columns("posts").size
+          assert_equal 11, new_cache.columns_hash("posts").size
+          assert new_cache.data_sources("posts")
+          assert_equal "id", new_cache.primary_keys("posts")
+        end
+      end
+
+      def test_yaml_loads_5_1_dump
+        body = File.open(schema_dump_path).read
+        cache = YAML.load(body)
+
+        assert_no_queries do
+          assert_equal 11, cache.columns("posts").size
+          assert_equal 11, cache.columns_hash("posts").size
+          assert cache.data_sources("posts")
+          assert_equal "id", cache.primary_keys("posts")
+        end
+      end
+
       def test_primary_key_for_non_existent_table
         assert_nil @cache.primary_keys("omgponies")
       end
@@ -45,10 +72,12 @@ module ActiveRecord
 
         @cache = Marshal.load(Marshal.dump(@cache))
 
-        assert_equal 11, @cache.columns("posts").size
-        assert_equal 11, @cache.columns_hash("posts").size
-        assert @cache.data_sources("posts")
-        assert_equal "id", @cache.primary_keys("posts")
+        assert_no_queries do
+          assert_equal 11, @cache.columns("posts").size
+          assert_equal 11, @cache.columns_hash("posts").size
+          assert @cache.data_sources("posts")
+          assert_equal "id", @cache.primary_keys("posts")
+        end
       end
 
       def test_table_methods_deprecation
@@ -56,6 +85,12 @@ module ActiveRecord
         assert_deprecated { assert @cache.tables("posts") }
         assert_deprecated { @cache.clear_table_cache!("posts") }
       end
+
+      private
+
+        def schema_dump_path
+          "test/assets/schema_dump_5_1.yml"
+        end
     end
   end
 end
diff --git a/railties/test/application/rake_test.rb b/railties/test/application/rake_test.rb
index cd09270df1..d80a45a83f 100644
--- a/railties/test/application/rake_test.rb
+++ b/railties/test/application/rake_test.rb
@@ -387,14 +387,14 @@ module ApplicationTests
          bin/rails generate model product name:string;
          bin/rails db:migrate db:schema:cache:dump`
       end
-      assert File.exist?(File.join(app_path, "db", "schema_cache.dump"))
+      assert File.exist?(File.join(app_path, "db", "schema_cache.yml"))
     end
 
     def test_rake_clear_schema_cache
       Dir.chdir(app_path) do
         `bin/rails db:schema:cache:dump db:schema:cache:clear`
       end
-      assert !File.exist?(File.join(app_path, "db", "schema_cache.dump"))
+      assert !File.exist?(File.join(app_path, "db", "schema_cache.yml"))
     end
 
     def test_copy_templates