Thanks a lot for the explanation! All this while I 've thought that LACs meant colleges for arts and humanities (That’s what my dad’s friend who sent his two kids to study in the US said. So he’s definitely wrong.)
https://www.liberalartscolleges.com/choosing-a-college/what-is-a-liberal-arts-college/
So this website says that lacs are generally cheaper than private colleges. Is that true for most of the LACs?