Thursday, February 14, 2013
"The LCMS could easily close Ft. Wayne and get along swell with St. Louis."
Better yet, close St. Louis and sell the land to Wash U. The land that Ft Wayne is on reverts to the donors if a school is not maintained on the property.
Why should any seminary maintain high value land? Shouldn't they sell it (and give the money to the poor :) ) or at least rebuild elsewhere and use the extra for an endowment?
When Dr. Robert Preus was head of the Ft Wayne seminary they had eliminated tuition. Now that they got rid of him, look what happened.
GJ - Berkeley's land (ELCA) is worth a billion bucks, with its ocean view, so the endowment will finance theological extremism forever.
Posted by Gregory Jackson at 9:45 PM