At a time when higher education is more expensive than ever and the value of the liberal arts has been called into question, it might seem paradoxical to argue that honors--generally offering its students' large merit scholarships and small classes--is an asset to the university. However, the prestige of a university benefits both from the high test scores and GPAs of honors students at admission and from the national scholarships or professional and graduate school acceptances awarded them upon their graduation. In addition, universities benefit financially from the high retention rate of honors students. For example, at Loyola University, the six-year graduation rate is almost 30% higher for honors students than for the general population. In this article, the author, who is the president of a Catholic, Jesuit institution, a professor in the Loyola University Honors Program (teaching biomedical ethics each year), and a Jesuit priest, shares his opinion on the value of the honors program at Loyola University.