Anonymous has left a new comment on your post "Foundation Grant Allows For Needed Installation":
Andover Seminary near Boston and Colgate seminary combining due to decreased enrollment and their endowment fund down to a paltry $40 million between the two schools. Ironically, they use the same euphemism that Seabury Seminary did last year when they downsized--that they are merely finding a "new model" viable for delivering seminary education in today's world. In other words they are flat broke and would go bust within a year if they didn't do something drastic.
Anonymous has left a new comment on your post "Foundation Grant Allows For Needed Installation":
Andover Seminary near Boston and Colgate seminary combining due to decreased enrollment and their endowment fund down to a paltry $40 million between the two schools. Ironically, they use the same euphemism that Seabury Seminary did last year when they downsized--that they are merely finding a "new model" viable for delivering seminary education in today's world. In other words they are flat broke and would go bust within a year if they didn't do something drastic.
http://www.crcds.edu Colgate Rochester Crozer Divinity School
http://www.ants.edu/news/detail/andover-newton-opens-talks-with-colgate-rochester-crozer-divinity-school
"...this joint venture may usher in a new model for graduate theological education."
"If a partnership is established, the schools would have a combined endowment of approximately $40 million and an enrollment of 450 students. Andover Newton and CRCDS are both accredited by the Association of Theological Schools."
/ Colgate Rochester Crozer Divinity School
http://www.ants.edu/news/detail/andover-newton-opens-talks-with-colgate-rochester-crozer-divinity-school
"...this joint venture may usher in a new model for graduate theological education."
"If a partnership is established, the schools would have a combined endowment of approximately $40 million and an enrollment of 450 students. Andover Newton and CRCDS are both accredited by the Association of Theological Schools."
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GJ - The mergers and cooperative ventures are too numerous to summarize, so I will let Wikipedia do it: "Colgate Rochester Crozer Divinity School is a theological college of Baptist origins. The present day school, which sits on the top of a hill in the beautiful setting of Highland Park in Rochester, New York is a product of several mergers.
The school is liberal and ecumenical in theology, with Baptists, United Methodists, Presbyterians and members of other denominations on its faculty and in its student body. Degrees can be obtained in cooperaration with Bexley Hall, an Episcopal Church seminary, which shared its facilities and administration from 1968 to 1998 (and continued at the campus under a separated administration until 2004), and St. Bernard's School of Theology and Ministry, a Roman Catholic theological school which shared its facilities from 1981 until 2003, and since has moved to a nearby site.
It is a small school with seven full-time faculty and 14 part-time faculty, and slightly more than 100 full-time students. The current director is Eugene C. Bay, who was previously the head pastor at Bryn Mawr Presbyterian Church.
The school is also home to the graduate studies Physical Therapy program for Ithaca College. It contains the Center for Foot and Ankle Research and a movement analysis lab." Wikipedia
My source is being too kind about Andover, which is also a merged school:
"Andover Newton is a product of a merger between two schools of theology in 1965: Andover Theological Seminary and Newton Theological Institute. Andover Newton takes the earlier founding date of the Andover Theological seminary for its founding year." Wikipedia
Andover split from Harvard, but they tried to reconcile. They have cooperated over the years.
Yale University is another split from Harvard.
Normally these mergers are called two cripples sharing the same cane, but this is a herd of cripples hoping and praying they can survive the financial death panel - sharing the same cane - endowment funds.
Another factor is the overhead for all those beautiful stone and brick buildings when people favor online education. Today I talked with a used car dealer who wants to take college and law school under an accelerated program, the first part online.
