Sunday, November 28, 2010

Seminary Swindle Information - While DPs Keep the Loot Marked "For Missions"



bruce-church (https://bruce-church.myopenid.com/) has left a new comment on your post "Someone Thanked Ichabod - Really Bruce Church - Fo...":

Additional pages on the seminary swindle:

Fake Pastoral Shortage in the LCMS:
http://ichabodthegloryhasdeparted.blogspot.com/2008/08/fake-pastoral-shortage-in-lcms.html

Honey, I Shrunk the Stats:
http://ichabodthegloryhasdeparted.blogspot.com/2008/08/honey-i-shrunk-stats.html

Lutheran Pastors Getting Swindled:
http://ichabodthegloryhasdeparted.blogspot.com/2010/06/lutheran-pastors-getting-swindled.html

Avoid the Seminary Swindle:
http://ichabodthegloryhasdeparted.blogspot.com/2010/06/avoid-seminary-swindle.html

Warning to Bethany, MLC, and WLC: Another One Bites the Dust:
http://ichabodthegloryhasdeparted.blogspot.com/2010/03/warning-to-bethany-mlc-and-wlc-another.html

Coming Soon - More Information on the Bogus Lutheran Clergy Shortage:
http://ichabodthegloryhasdeparted.blogspot.com/2008/08/coming-soon-more-information-on-bogus.html

This page:
http://ichabodthegloryhasdeparted.blogspot.com/2010/11/someone-thanked-ichabod-really-bruce.html

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GJ - Someone sent a thankyou note, and that led to this set of links, thanks to Bruce Church again.

Missouri Lutherans - you are paying for ankle-deep carpeting, walnut desks, and Cuban stogies for the DPs. Meanwhile, the students are expected to pay a fortune, enslaving their wives, hoping perhaps they might get a call and pay down their government loans before they die.

Think twice before borrowing to go to seminary. The degree is useless apart from serving in the denomination. They will take all your money and say, "Sorry, no call for you. We heard you threw spit-wads in third grade at St. Ferdy's Lutheran School."

1 comment:

bruce-church said...

If the synod is mainly meant to train future pastors and missionaries, and fund missionaries, then any activity that is not about that drains off resources. The main leak in the Leak Pipeline is at the district level. There are 35 or so districts in the LCMS, each with its staff and programs.

The pipeline from the offering plate to the synod HQ and seminaries is so leaky that now only half the students in the seminaries are going for a Master of Divinity, and the rest for a non-academic degree. Half are saying that taking out hefty students loans is way too risky a pursuit to obtain such a low paying job, especially when so many are washed out of the program for trivial reasons, and especially when the federal govt charges a 6.8% interest rate on student loans. Note: You can't find quotes of lower interest rates during the repayment period, but not many qualify for those:

http://www.direct.ed.gov/RepayCalc/dlentry1.html

The interest rate for new subsidized and unsubsidized loans first disbursed on or after July 1, 2006, is a fixed 6.80%,