[caption id="attachment_46367" align="alignleft" width="150" caption="Half of graduates from liberal arts colleges were satisfied with the quality of their education."][/caption]

David Anderson knows that parents today are skeptical about the liberal arts. That they worry about their children graduating in a tough economy with a degree that doesn't spell out that first job. That they're weighing a hefty price tag against the possibility of unemployment.

So, in a quick talk to a ballroom full of high school juniors and their families, the president of St. Olaf College made the opposite argument. "If St....

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