Bazingo. |
Notre Dame is using its extra money to hire famous professors and give scholarships. My PhD there cost me nothing except giving up a full-time income during coursework and comprehensive exams.
The point is - a private school cannot exist anymore without a lot of extra money in endowments. WELS decided to rob the schools in order to pay for missions. Soon they will have neither.
That happens when the advice of Jesus gets turned around. The WELS leaders have been as innocent as serpents and as wise as doves.
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bruce-church (https://bruce-church.myopenid.com/) has left a new comment on your post "Notre Dame Just Raised 2 Billion Dollars":
Why pay more more money into WELS education when they had that glut of Ph.Ds?! Oh wait, they hardly had one Ph.D. My bad.