30 Best Liberal Arts Colleges in the Northeast, Ranked by ROI

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There is a good reason why six of the top 10 best liberal arts colleges in the country (as ranked by U.S. News & World Report) come from the Northeast. Since well before the signing of the Declaration of Independence, the Northeast has remained a bastion of learning, and many of the best known colleges and universities in the world are located here. Many of these schools are liberal arts colleges, which unlike the larger research universities like Yale or Harvard, seek to expose students to a wide range of academic disciplines. A core curriculum at a liberal arts institution often includes classes across the humanities and social sciences.

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Top 10 Ranking Liberal Arts Colleges in the Northeast

Rank School Location
1 Bucknell University Lewisburg, PA
2 Hamilton College Clinton, NY
3 Williams College Williamstown, MA
4 Lafayette College Easton, PA
5 Colgate University Hamilton, NY
6 Union College Lincoln, NE
7 Swarthmore College Swarthmore, PA
8 College of the Holy Cross Worcester, MA
9 Amherst College Amherst, MA
10 Haverford College Haverford, PA

Ranking Methodology

To find the 30 best liberal arts colleges in the Northeast, we started by considering only those colleges in the states of Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, and Vermont. There are far more than 30 liberal arts colleges in the Northeast, so we narrowed down our list by considering factors such as:

– National rankings (40%)
– Freshmen retention rates (20%)
– Unique curriculum (30%)
– Membership in a college consortium (5%)
– Historical significance (5%)

After deciding on our 30 best liberal arts colleges in the Northeast, we used PayScale to rank each school based on its estimated 20-year net return on investment.

  1. Bucknell University
    Location

    Lewisburg, PA

    20-Year Net ROI: $541,000
    Bucknell University, located along central Pennsylvania's Susquehanna River, is a private liberal arts college consisting of a College of Arts & Sciences, College of Engineering, and School of Management. Students studying at Bucknell's College of Arts & Sciences can choose from 44 majors and a whopping 70 minors, though they also complete a well-rounded core curriculum. Unlike so many other college liberal arts programs, Bucknell University allows students of any major to participate in research programs.

  2. Hamilton College
    Location

    Clinton, NY

    20-Year Net ROI: $509,000
    Hamilton College is a private liberal arts school located in the foothills of the beautiful Adirondack Mountains. The college offers bachelor of arts degrees in more than 50 areas of concentrations, plus the choice of completing a dual-degree engineering program with Columbia University or Dartmouth College. According to U.S. News & World Report, Hamilton College is the 12th best liberal arts college in the country, while Forbes ranked it 50th in their ranking of 650 American colleges and universities.

  3. Williams College
    Location

    Williamstown, MA

    20-Year Net ROI: $504,000
    Williams College has spent 14 consecutive years in the top spot of U.S. News & World Report's rankings of the best liberal arts colleges, making it an easy addition to our own list. Students at Williams take a variety of classes across the humanities, sciences, and social sciences, and can choose from 33 majors over 24 departments. The unique curriculum is inspired by the tutorial systems as seen at Oxford and Cambridge, while the academic calendar follows the 4-1-4 schedule, with the middle "Winter Term" consisting of one intensive course, tutorial, or internship.

  4. Lafayette College
    Location

    Easton, PA

    20-Year Net ROI: $502,000
    Located about 70 miles west of New York City in the beautiful Lehigh Valley is Lafayette College, one of the best liberal arts colleges in the Northeast. Indeed, Lafayette has a strong reputation for excellence, and publications such as Forbes, U.S. News & World Report, PayScale, Kiplinger, and Business Insider have all included it among their rankings of the best colleges. Students at Lafayette College can choose from more than 50 fields in which to major, and the most popular majors include the fields of social sciences, biology, English, and psychology.

  5. Colgate University
    Location

    Hamilton, NY

    20-Year Net ROI: $498,000
    Colgate University, a private liberal arts college located in Hamilton, New York, offers students the opportunity to earn a Bachelor of Arts degree in any of 55 different undergraduate concentrations. Colgate is consistently ranked among the best schools in the nation by such publications as U.S. News & World Report, The Princeton Review, Payscale, CollegeNet, and The Journal of Blacks in Higher Education, among many others. Colgate was also named as one of Newsweek's 30 Hidden Ivies.

  6. Union College
    Location

    Lincoln, NE

    20-Year Net ROI: $453,000
    Union College, located in Schenectady, New York, has a long history of excellence. Founded in 1795, it remained an all-male school for 175 years before becoming co-ed, and was one of the very first colleges to establish fraternity organizations. Students at Union College take a wide variety of courses in the arts, sciences, literature, and foreign language, and can choose majors across 21 academic departments. Despite its solid emphasis on the liberal arts, Union also encourages its undergraduate students to pursue courses in various engineering disciplines.

  7. Swarthmore College
    Location

    Swarthmore, PA

    20-Year Net ROI: $431,000
    Though founded by the Quakers, Swarthmore College is a non-religious liberal arts college located about 11 miles from Philadelphia. Still, its Quaker history does benefit current students. As part of the Quaker Consortium, those pursuing a degree at Swarthmore are able to cross-register for classes at Bryn Mawr College, Haverford College, and University of Pennsylvania. The college has a long history of excellence, and has produced a number of notable figures in the fields of law, art, science, business, and politics, to name but a few.

  8. College of the Holy Cross
    Location

    Worcester, MA

    20-Year Net ROI: $411,000
    College of the Holy Cross, located in Worcester, Massachusetts, is a private liberal arts school associated with the Jesuits. Its approximately 2,800 students can choose between 28 liberal arts-centered majors in which to pursue a Bachelor of Arts degree. Also of interest is the fact that the college is home to the nation's second largest Classics program of any liberal arts school in the country. This impressive program played a major role in the editing of the Homer Multitext Project, and is also a primary collaborator on the Perseus Project, a huge digital database of Greek antiquity.

  9. Amherst College
    Location

    Amherst, MA

    20-Year Net ROI: $396,000
    Amherst College is a top-ranked liberal arts college in Amherst, Massachusetts. Founded in 1821, it is the third oldest college in the state, and has been well-regarded for most of its history. U.S. News & World Report ranked Amherst the 2nd best liberal arts school in the country, while Forbes has named it the 12th best college or university in America. Amherst offers students 850 courses within 36 fields of study. While most of these are in the liberal arts, there are also options in the sciences and mathematics.

  10. Haverford College
    Location

    Haverford, PA

    20-Year Net ROI: $357,000
    Founded by the Quakers in 1833, Haverford College is a private liberal arts college located in a suburb of Philadelphia, Pennsylvania. Students set on receiving an education in the liberal arts will love the flexibility provided by Haverford's degree programs. Students can choose from 31 majors across the disciplines of humanities, social sciences, and natural sciences, as well as register for classes at Bryn Mawr College, Swarthmore College, or University of Pennsylvania. Finally, consider this: this top northeastern liberal arts college has produced 3 Nobel laureates, 20 Rhodes Scholars, 104 Fulbright Scholars, and 6 Pulitzer Prize recipients.

  11. Trinity College
    Location

    Hartford, CT

    20-Year Net ROI: $346,000
    Trinity College is the second oldest institute of higher education in Connecticut, and one of the best liberal arts colleges in the Northeast. This Hartford-located college offers students the choice of 38 majors and 26 minors, plus great encouragement when it comes to supplementing their liberal arts education with a study abroad experience. Currently, Trinity College is ranked the 38th best liberal arts college in the country by U.S. News & World Report.

  12. Bowdoin College
    Location

    Brunswick, ME

    20-Year Net ROI: $336,000
    Maine's Bowdoin College isn't only one of the best liberal arts colleges in the country, it's also one of the most beautiful. Besides the main campus located near Casco Bay and the Androscoggin River, Bowdoin owns 118 acres of Orr's Island, plus a 200-acre scientific field station on Kent Island in the Bay of Fundy. But despite owning such wonderful and unique scientific research facilities, Bowdoin is well known for its liberal arts curriculum. Students can choose between 33 majors and four additional minors.

  13. Middlebury College
    Location

    Middlebury, VT

    20-Year Net ROI: $324,000
    Founded in 1800, Middlebury College was the first operating institute of higher education in the state of Vermont. Today, it's one of the very best! This private liberal arts college offers its undergraduate students more than 40 departments and programs from which to choose a major. Interestingly, Middlebury operates on a unique 4-1-4 schedule of two four-course semesters in the autumn and spring, then a January "Winter Term" during which students take one intensive course, participate in a research program, or pursue an internship.

  14. Bates College
    Location

    Lewiston, ME

    20-Year Net ROI: $318,000
    Bates College, located in Lewiston, Maine has a long history of excellence in the liberal arts and sciences. Students can choose to pursue a Bachelor of Arts or Bachelor of Science in 36 departments and programs, plus 25 secondary concentrations. Uniquely, Bates also offers a Liberal Arts-Engineering Dual Degree Program in conjunction with Dartmouth College, Columbia University, and Washington University — an extremely valuable option for those who want to pursue engineering while also gaining the well roundedness of a liberal arts education.

  15. Colby College
    Location

    Waterville, ME

    20-Year Net ROI: $316,000
    Students from more than 60 countries have come to Colby College. The liberal arts school — which U.S. News & World Report ranks as the 12the best liberal arts college in America — offers students 54 major fields, or the opportunity to design one's own independent study program. To supplement their liberal arts education, students are encouraged to study abroad at one of more than 200 international colleges and universities and by the time of graduation, 2/3 of Colby students have done so.

  16. Gettysburg College
    Location

    Gettysburg, PA

    20-Year Net ROI: $304,000
    Located adjacent to the famous Civil War battlefield in Gettysburg, Pennsylvania is Gettysburg College, one of the best liberal arts colleges in the Northeast. Students have come from 43 states and 35 countries to pursue Gettysburg's excellent liberal arts curriculum that includes choices of majoring in things like art history, art studio, classical studies, english, French, German Studies, Religious Studies, and a range of other options. It consistently ranks among the top colleges in the country, and in 2015, was ranked by Princeton Review as one of the four top liberal arts college for placing students in strong internship programs.

  17. Franklin and Marshall College
    Location

    Lancaster, PA

    20-Year Net ROI: $272,000
    Franklin & Marshall College is a private liberal arts college in Lancaster, Pennsylvania. It has racked up a number of mentions on ranked lists of the best colleges. U.S. News & World Report named Franklin & Marshall the 37th best liberal arts college in the nation, The New York Times called it the 26th most economically diverse top college, Forbes declared it the 36th best school overall, and The Princeton Review said that Franklin & Marshall had the most accessible professors of any college.

  18. Connecticut College
    Location

    New London, CT

    20-Year Net ROI: $263,000
    Connecticut College has been ranked among the best liberal arts colleges by such publications as Forbes (81st best college) and U.S. News & World Report (45th best liberal arts college), among others. The nearly 2,000 students who call Connecticut College home are able to choose from 41 different majors, including one in which they are able to design their own course of study. As one might expect from one of the best liberal arts colleges in the Northeast, the most popular majors include English, History, Anthropology, and Art.

  19. Wesleyan University
    Location

    Middletown, CT

    20-Year Net ROI: $261,000
    Wesleyan University is a liberal arts college that places a big emphasis on both the arts and the sciences. Each semester, more than 900 classes and tutorials are offered, and students have the option of more than 45 majors from which to choose. Like a number of other schools on our list of the best liberal arts colleges in the Northeast, Wesleyan allows students to tailor their choice of major to fit their interests exactly, while more uniquely offering an independent study program that an estimated 52% of Wesleyan students undertake.

  20. Wellesley College
    Location

    Wellesley, MA

    20-Year Net ROI: $257,000
    Wellesley College is a women's liberal arts college located just west of Boston. It is consistently ranked among the best schools in the country by such publications as U.S. News & World Report (#3, Best Liberal Arts Colleges), The Princeton Review (#1, Best Professors), and Forbes (#26, Best Colleges and Universities). Wellesley women can choose to major from more than 56 fields, supplement their liberal arts education with over 150 clubs and organizations, and cross-register at such esteemed colleges as Massachusetts Institute of Technology, Brandeis, and Babson College.

  21. Barnard College
    Location

    New York, NY

    20-Year Net ROI: $238,000
    Barnard College is a prestigious liberal arts college in New York City. Since its founding in 1889, it has been one of the foremost universities for women in the United States. The school offers more than 50 Bachelor of Art degree programs as part of its liberal arts curriculum, though students wanting to receive both the top-notch liberal arts education and a Bachelor of Science degree are able to take joint classes at nearby Columbia University. The very selective Barnard consistently ranks among the top colleges in the country, liberal arts or not. U.S. News & World Report has ranked it the 29th best liberal arts college in the country, while Forbes listed it #37 on its list of the best colleges in the country.

  22. Skidmore College
    Location

    Saratoga Springs, NY

    20-Year Net ROI: $224,000
    Skidmore College is a private liberal arts college that places a big emphasis on the "arts" part of the liberal arts. The college offers bachelor of arts and bachelor of science degrees in more than 60 areas of study, and for each, only a small percentage of the required credits should be of the "non liberal arts" variety. U.S. News & World Report currently ranks Skidmore the 38th best liberal arts school in the nation, while also including it on their lists for the Best Value Schools (#53) and High School Counselor Rankings (#29).

  23. Dickinson College
    Location

    Carlisle, PA

    20-Year Net ROI: $203,000
    Founded in 1773, Dickinson College was a grammar school before it was chartered into a college in 1783, only six days after the signing of the Treaty of Paris. This makes Dickinson the very first college to be founded after the official formation of the United States. Today, Dickinson is a top-ranked liberal arts school according to nearly every college-ranking publication. The college's innovative and unique curriculum offers students more than 40 disciplinary and interdisciplinary majors, or the opportunity to spend two (of five total) years studying engineering at Columbia University, Case Western Reserve University, or Rensselaer Polytechnic Institute.

  24. Vassar College
    Location

    Poughkeepsie, NY

    20-Year Net ROI: $181,000
    Founded in 1861, Vassar was the first college in America to grant degrees to women. Today, this co-educational school is one of the best liberal arts colleges in not just the Northeast, but the country. Students can choose from more than 50 major options, though like so many of the top-ranked liberal arts colleges, Vassar also offers a flexible curriculum in which students can experience a wide breadth of studies and knowledge. Vassar is currently tied as the 12th best liberal arts college in the country on U.S. News & World Reports annual ranking.

  25. Mount Holyoke College
    Location

    South Hadley, MA

    20-Year Net ROI: $132,000
    Students at Mount Holyoke College have tons of options for pursuing their liberal arts education. The college offers 50 different majors, plus the option to design one's own. Regardless of major, a healthy portion of the required 128 credits must come from classes outside of the major department and in the divisions of the humanities, science, mathematics, and social sciences — a combination that ultimately provides a well-rounded curriculum to every student. Because Mount Holyoke is part of the Five College Consortium, students may also enroll in classes at Amherst College, Smith College, Hampshire College, and University of Massachusetts Amherst.

  26. Bryn Mawr College
    Location

    Bryn Mawr, PA

    20-Year Net ROI: $118,000
    Like Barnard College described above, Bryn Mawr College in Pennsylvania is an all-women's liberal arts school. The college offers an incredible 331 bachelor's degree programs, most of which are in the liberal arts, but the core curriculum includes a well-rounded list of requirements that include social sciences, natural sciences (with lab skills), humanities, and a complete year of a foreign language.

  27. Smith College
    Location

    Northampton, MA

    20-Year Net ROI: $101,000
    Smith College in Northampton, Massachusetts is an all-women's liberal arts school. Students have a wide range of course and major options, and because Smith is a member of both the Five Colleges consortium and the Seven Sisters, students can cross-register at a number of top-ranked institutions. Currently, Smith is tied for 12th on U.S. News & World Report's list of the best National Liberal Arts Colleges.

  28. Bard College
    Location

    Annandale-On-Hudson, NY

    20-Year Net ROI: $77,400
    New York's Bard College is a selective private college and one of the best liberal arts colleges in the Northwest. Besides its highly regarded liberal arts program, Bard is comprised of a conservatory, plus eight graduate programs. Undergraduate students can choose from a long list of Bachelor of Arts or Bachelor of Science degrees in over 40 majors and 12 interdisciplinary concentrations. Bard consistently ranks among the top schools in the nation on lists compiled by U.S. News & World Report, Princeton Review, Forbes, and Newsweek.

  29. Hampshire College
    Location

    Amherst, MA

    20 Year Net ROI: $1,900
    Hampshire College is a private liberal arts school in Amherst, Massachusetts. Like its neighbor, Amherst College (also on our list of the best liberal arts colleges in the Northeast), Hampshire is a member of the Five Colleges, and therefore students can cross-enroll in classes at Amherst, Mount Holyoke, Smith, and University of Massachusetts Amherst. Hampshire has a unique curriculum that focuses on building portfolios and "grading" not with letter grades, but with narrative evaluations. This method may be different from so many others, but it must be doing something right as a whopping 56% of Hampshire grads go on to achieve at least one graduate degree.

  30. St Andrew's University
    Location

    Laurinburg, NC

    20-Year Net ROI: Data Unavailable
    St. John's College, a liberal arts school Annapolis, Maryland, is perhaps one of the most unique schools of its kind. The college places a huge focus on the Great Books of the Western Civilizations, and students read and discuss the world's greatest books in chronological order (the first book is Homer's Iliad and Odyssey, while the last is Virginia Woolf's To the Lighthouse). This unique curriculum traces its origins to King William's School, and is one of the last programs in the country to offer such a literal liberal arts education. Indeed, St. John's College offers only one major and that is a bachelor's degree in the Liberal Arts.

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