|CTSFW Continues Work to Address Issue of Educational Debt|
For Immediate Release
May 8, 2015
FORT WAYNE, IND. (CTSFW)—Concordia Theological Seminary (CTSFW), Fort Wayne, Indiana, continues efforts to address the growing challenge of educational debt among seminary students. In July 2012, CTSFW was awarded a three year grant from Lilly Endowment Inc. to study and promote awareness about this issue. In January 2013, CTSFW began its work under the theme “Improving the Economic Well-being of Future Servants of Jesus Christ.” CTSFW has surveyed students, alumni, donors and congregation leaders to get feedback on the issue. The findings from these surveys, plus suggested action items to encourage increased support for students and teach students how to better handle educational debt, can be found here.
“We offer this report as a means for the church to begin to understand the financial challenges faced by current and future seminary students. The problem of seminary student educational debt has been building for a number of years and it is our hope that this report will begin a process to reverse this troubling trend of increasing student loan debt among our future church workers," commented the Rev. Mark Sheafer, CTSFW Lilly Grant project director. "This, of course, is not an issue that can be addressed by CTSFW alone. To realize successful solutions we propose to work jointly with those at the congregation, district and Synod levels. "
In addition to this report, CTSFW has produced and distributed a video to raise awareness throughout The Lutheran Church—Missouri Synod, provided fundraising ideas for congregations, offered giving opportunities and created informational bulletin inserts and brochures. These resources may be found at www.ctsfw.edu/SupportFutureServants.
Concordia Theological Seminary (CTSFW), Fort Wayne, Indiana, exists to form servants in Jesus Christ who teach the faithful, reach the lost and care for all. Founded in 1846, CTSFW is a seminary of The Lutheran Church—Missouri Synod (LCMS). Learn more about CTSFW at www.ctsfw.edu and the LCMS at www.lcms.org.
GJ - Our distinguished researcher, Bruce Church, published the tuition cost figures a long time ago.
The Concordia seminaries cost as much as Yale Divinity School, but their degrees are worthless outside of the system. Besides that, many District Presidents love kicking men out of the ministry, so the guys have enormous debts and no marketable skills.
Dr. Robert Preus tried to address this, and they kicked him out.
I thought you would get a kick out of this. Last time I checked, less than one-percent of the LCMS budget supports the sems. I’m sure all the pencil pushers at The Purple Palace with six-figure salaries will be more than willing to address the issue. I have actually heard of one guy being rejected from CTSFW (for immoral living) because of too much debt from his undergrad at another Concordia Institution. They created their own monster, and now they struggle to fix it.
Bruce Kintz - the boss at CPH gets $290,000 a year in salary and benefits.
The president and CEO grabs another $267,000 a year.
Paul McCain, the poorly educated, plagiarizing VP Corporate Counsel consumes another $195,000 - for doing what?
Those figures are for 2012. A little behind?
The Glory Has Departed
Bethany Lutheran Worship on