<p>The biggest concern I would have is finding a job. A good sized school (including Rice) draws recruiters from the major companies. At an LAC, I would be worried that a company like Exxon might not show up because the program is too small to attract their attention.</p>
<p>Of course, that can be resolved with a call to the Career Services department. Ask to get a list of starting salaries, number of job offers per student, and the employers that hired engineering students over the last 3 years.</p>