10/10/2011 09:11 am ET Updated Dec 10, 2011

Smith College Launches 'Futures Initiative' On Liberal Arts Model

If you glanced at Smith College's "Futures Initiative," you might think the college, like a number of liberal arts colleges in the current economy, was in serious financial trouble.

The report -- which outlines a series of studies the college is undertaking -- talks about reconsidering not only the financial model of the institution, but also the types of students the women's college attracts, ways it can move beyond the residential campus model, and how it goes about delivering instruction.

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