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With the high cost of tuition and a smaller pool of students, some liberal arts schools are struggling to survive, and not all of them will as our scott cohn found, many colleges are making major changes, and its this weeks cover story. At Hiram College outside cleveland, with about 1,000 students, they knew small liberal arts schools were not exactly in vogue their solution change the definition of liberal arts we looked at the curriculum, we looked at the graduation requirements, we looked at technology, we looked at the 21st century skillset and mindset that students need to demonstrate to employers reporter gone are stodgy old majors like art history and religion in are more careeroriented majors like criminal justice and sport management i think they do a really good job of preparing you for your career but also in life. Reporter hirams president says the changes, which have also included reducing the faculty by 20 , helped convince lenders to refinance 25 million in longterm debt

Hiram collegeUnited statesDan nathanJacques torresBrian sullivanScott cohnHigh costWill scott21st centuryArt historyGood jobCollege debtRating agencyRating agency moodysFinancial stressHigher education