Monday, August 5, 2013

That Is a Good Question, My Debt-Ridden Student

Become a Church Growth consultant, Mr. Bull.


RagingBull72 has left a new comment on your post "LCMS Seminary Cost Scandal: Fabulous Costs To Supp...":

I'm thinking of creative ways to incur a permanent disability after having graduated from CTSFW (without an M.Div) as it is the only way to have the $64K loans I needed to complete my incomplete education forgiven (I had $2k in loans from undergrad).

Given my occupational options with a Masters in Theology (Pretzel Maker at Mall or 3rd shifter at 7-11), paying off nearly $70K at 6.8% isn't a realistic expectation within the next 25 years -- although poverty is a current reality.

Oddly enough, I recall our student body being admonished not to take out more loans than necessary (how else are we going to pay over $20K a year in tuition and mandatory insurance?!) and felt as if we were being blamed for the high level of student debt incurred at seminary.

I was happy to hear when I inquired how might I serve the Church with my degree with the answer, "That's a good question."