Mid-level liberal arts colleges are failing, both to remain financially solvent and uphold their institutional missions. This paper examines the higher education marketplace before exploring the current strategies these colleges utilize to combat this two-fold issue. Following a review of the literature, the analysis portion presents two novel solutions these colleges could implement to improve student accessibility and stave off financial insolvency. Additionally, this section describes how mid-level liberal arts colleges offer superior return on investment in the long run compared to public universities. Lastly, this paper concludes by reasserting the value of a liberal arts education in the workplace and motivating future research on its two proposed solutions.

First Advisor

Kate Stirling

Date of Completion

Fall 12-15-2019

Degree Type


Degree Name

Bachelor of Arts in Economics

Date of Award

Spring 5-15-2020

Included in

Economics Commons