In 2006, Stephen Blackwood and James Atkins Pritchard began fundraising for the establishment of an institution of higher education.

[6] Among the members of its Board of Visitors are Vernon Smith, Heather Mac Donald, Harry Lewis, Ruth Wisse, Roger Kimball, and Jordan Peterson, who was appointed Chancellor in May 2022.

[11] In March 2023, a member of Ralston's Board of Visitors, Harvey Silverglate, resigned his position and stated that the college was "antithetical to the whole concept of a liberal arts institution".

[13] Ralston College's curriculum focuses on the liberal arts: after a term studying Ancient Greek and Modern Greek in Greece, the following three terms of the MA in the Humanities focus on ancient, medieval and modern literary texts and works of arts.

"[15] The college also offers two online short-courses, run in conjunction with the FutureLearn platform, on Samuel Johnson's Rasselas and Robert Frost.