The Future Economic Challenges for the Liberal Arts Colleges

• Published in: Daedalus (Cambridge, Mass.) Vol. 128; no. 1; pp. 47 - 75
• Main Authors: McPherson, Michael S., Schapiro, Morton Owen
• Format: Journal Article
• Language: English
• Published: Boston American Academy of Arts and Sciences 22.12.1999; MIT Press
• Subjects: Analysis; College students; Colleges; Colleges & universities; Competition; Economics; Education, Higher; Education, Humanistic; Evaluation; Future; Higher Education; Humanistic education; Liberal arts education; Market strategy; Private colleges; Public colleges; School enrollment; Small colleges; Standardized tests; Tuition; United States; Universities

Liberal arts colleges that have survived the vicissitudes of the higher-education marketplace over the past two decades can look forward to a number of opportunities such as higher demand for educated workforce. Challenges, however, remain a threat to their future viability.