Seems like the author is mostly referring to a subset of LACs rather than all of them:
“Well-resourced and prestigious small colleges are less exposed in almost every way to the crises that higher ed faces.”
Also, not all small colleges are LACs.
Two thoughts on this. First, it is a resounding endorsement of small liberal arts colleges, particularly well resourced ones. It covers many of the reasons I favor small liberal arts colleges to large research universities for undergraduates. Second, it is consistent with what I recall being reported somewhere, that Research University professors (like professors overall) disproportionately send their own kids to liberal arts colleges for undergrad. The author seemed inclined in that direction as well.
link won’t open?? Getting an error message about archived articles???