The recession has forced seminaries to undertake cost-cutting measures that affect people, projects and their own best-laid plans for sustainability. “The current economic environment has magnified any weaknesses present in seminaries,” according to Daniel Aleshire, executive director of the Association of Theological Schools.
The president of Colgate Rochester Crozer Divinity School in Rochester, New York, plans to retire next year from the American Baptist–related seminary amid signs that the school’s downsizing may help it regain financial stability.
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