An article in Christianity Today came out yesterday declaring many seminaries in a financial bind. We should commit to praying for these flag-ship schools, that they might continue to carry on the message of Jesus Christ. For the year of 2008:
†Gordon-Conwell Theological Seminary: Lost $600,000 in endowment income
†Southern Baptist Theological Seminary: Lost 1 million in endowment income; will need to make cuts and lay offs.
†Trinity Evangelical School did not suffer as much, but enrollment is down much further than usual.
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