The Knight Foundation will pay the set-up fees for up to 50 college newspapers to install paywall software solution Press+ which provides them with a meter on their sites through which they can collect donations and/or subscription fees from readers who want to show their support.”College newspapers in the digital age no longer need to lag behind what the news industry is doing,” said Eric Newton, senior adviser to the president at the John S. and James L. Knight Foundation. “Keeping up with the latest software – and even finding ways to invent some of their own – are things the best journalism schools and college papers now aspire to.””The student journalists running college newspapers who hope to have a career in journalism are very aware that the traditional Model is broken – advertising is simply not going to pay as much of the expense of newsrooms as it once did, especially for newspapers and magazines,” Press+ co-founder Gordon Crovitz said. “This generation needs to find new revenue streams, including new ways to collect revenues from the readers who get the most value from access.”