I hadn't thought about it in a long time, but I recall that their college is regularly at the very top of the rankings of the best colleges for liberal arts degrees, at least among those in the southern states. They have a rather high nominal tuition but it doesn't really matter as every single student is given a work scholarship that covers it entirely. The kind of work can vary greatly, but it includes farm labor and crafts like whittling furniture or blowing glass. It is a small school with high academic standards and a very strong socioeconomic (not race based) affirmative action program. (My sister considered applying there, but did not bother once she discovered that most of their openings are reserved for poor students. Our family income at the time was high enough that the chance of her being accepted was extremely slim, and she had already been accepted at her top choice college anyway.)
The school was involved in one of those landmark cases where the supreme court made a terrible decision. This private college had been founded on explicitly egalitarian principles, as a place where people of all races (and also both genders, iirc) could study together. I think a majority of the first students were former slaves, who proved to be quite intelligent and went on to do lots of good things. The Kentucky legislature did not like this, and so passed a law requiring all institutions of learning be racially segregated. The school fought to have this unjust law overturned as unconstitutional. I think they actually won at a lower court, but state appealed to the Supreme Court, had the decision reversed, and forced them to expel all of their black students. (I think they actually transferred them all to a new black college they founded nearby, but that school shut down a long time ago.) Eventually the bad law was overturned, but the school has still remained overwhelmingly white.