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Small Private US College Slashes Tuition by $17K Annually

 By The New York Times

Sept. 12, 2018

A private liberal arts college with campuses in New Mexico and Maryland announced Wednesday a $17,000 reduction in its annual tuition, acknowledging that steady price increases in pursuit of prestige drove away many qualified students from families of moderate or modest economic means.

Tuition for the coming academic year will drop from more than $52,000 to $35,000 at St. John's College, which has about 800 students in Santa Fe and Annapolis who study the formative texts of Western civilization — from Euclid to Jane Austen — in small classroom settings with average of seven students per faculty member. The Santa Fe campus also offers graduate studies in the traditions of China, India and Japan.

College President Mark Roosevelt described the price decrease as recognition that most students do not pay the full price for tuition, and said the school was determined to become more affordable and accessible through need-based scholarships underwritten by philanthropic donations.

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