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Hi ChiSquare,
I hope someone of greater intelligence than me answers your question, because I have been wondering the same thing. Having made the circuit to a few LACs in the middle Atlantic states, I am not seeing a difference, other than affordability. It does not have the prestige factor of some, but like the other poster said - you would have a difficult time knowing you were at a public college when you walked the campus. And they do stress its ability to attract people from varied socio-economic backgrounds and they have succeeded in achieving that.
We have actually found some of the facilities at St. Mary's to be superior to some of the private LACs we have toured. At half or less than half the price of many, it is difficult to top, unless you are in love with a certain LAC for specific reasons - if it had a specific unique offering or program your student could not get elsewhere. Or, if you wanted a very recognizable name.
The location of St. Mary's is probably a love it or hate it thing as well.
I had a friend whose daughter would not get out of the car because she perceived it as remote. My child went into it with that picture in her mind, but left knowing she could probably be very happy there. It seemed like a happy place to us.
I think I might have to ask that question of some of its close competitors as we make decisions.
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