St. John's College shows a tuition reset can work

Image:  St. John’s College leaders took a counterintuitive but calculated risk three years ago when they decided to slash the cost of tuition and turn to donors to help replace the lost revenue. Some observers considered the move reckless; others dismissed it as a public relations stunt. But today, St. John’s is one step closer to meeting the $300 million fundraising goal it set in 2018. The college announced earlier this month that it had banked another $50 million from donors and...