Though liberal education has assumed many forms in different times and places it has always been concerned with significant educational aims: cultivating intellectual and ethical judgment, helping students comprehend and communicate their views to the world and preparing them for lives of civic responsibility and leadership. Higher education institutions no longer assume that analytical capability emerges automatically as students take courses. Instead universities are designing new curricula and new teaching strategies, which could assure that such abilities as communication skills, critical thinking, understanding of social context, aesthetical sense, professional ethics, scientific interest for professional development and motivation for further education are developed in students. Lithuania, as many post soviet countries, experienced changes in its higher education system when all former specialized higher education institutions (institutes) were transformed into universities, which according to the university origin should be concerned with educating full citizens for a multicultural and diverse society in today's interdependent world. Though needs and requirements of the modern industrialized society forces higher educational institutions to focus on training high-skilled professionals more, but nevertheless universities declare that they do not limit their study programs to training or instructing students in their official documents. They claim that one of their primarily goals is to offer education oriented to the whole person rather than to mere acquisition of skills. The approach presented in the paper states that the most important and essential purpose of a university is to provide liberal education that would guarantee a person's intellectual emancipation. The primarily purpose of such education is not only practical application of the received knowledge or tangible benefit, or other quantitative values, but the knowledge itself which as such is valuable in the conditions of the knowledge society (D.Maskell, I.Robinsin 2002, G. Delanty 2002, M.Nussbaum, 2003).On the basis of scientific literature analysis and the results of the survey the paper looks for the answer to the following questions: What are the problems and possibilities of liberal education in technological universities especially former specialized higher education institutions (the case of Kaunas University of Technology)? How and to what extend declared values of liberal education manifest in technological university's study system? Do declarations in university's official papers correspond to everyday reality?The first part of the paper presents a discussion on the conservative and radical conceptions of liberal education values in higher education, the changes in this tradition conditioned by the peculiarities of the development of higher education institutions (R. Barnett, 2000). The second part of the paper presents content analysis of the documents regulating study system and identifies possibilities and problems of manifestation of liberal education values in the studies of technological universities which experience transformation. The third part gives the analysis of the results of the survey whether manifestation of declared values of liberal education corresponds to the reality.