Economics & Pastoral Leadership Project Moves into Phase Two!

Written by Kristina Alvarado
August 17, 2015

Congratulations to the staff, faculty, and volunteers that make the school?s Economics & Pastoral Leadership Project possible. We?re excited to announce that this important endeavor has now completed the first phase of its work toward the end of student debt.

Since the project?s launch in the fall of 2014, the school has been hard at work gathering research from students, alumni, staff, and pastors in the community?gathering quantitative and qualitative data around educational debt. That research phase was intricate and required the collaboration of all of the school?s internal and external supporters. For students in theological education going into ministerial work, financial worries can be a real burden and the implications of educational debt can be far-reaching. The school?s Economics & Pastoral Leadership Project was designed as a part of a national initiative funded by the Lilly Foundation, Inc., to get a better understanding of the student debt burden in seminaries in particular, to ultimately provide practical, concrete resources for students to be equipped for personal and professional financial planning.?

In the spring of 2015, the project invited students to a special dinner where they discussed the issue of seminary debt with one another, Dean Markuly, and Thanh-Thuong Chuche?an alum of the school and also staff program manager of project. It was an evening of rich discussion and sharing of resources. Thanks to all of the pastoral leaders who participated in phase one of the project by completing online surveys throughout the fall of 2014 and winter of 2015. Congratulations are also due to Pastor Paul Anderson, winner of the free IPad drawing!

As the second phase of the project begins now in the fall, the school?s Curriculum Development Team aligned specifically with the project, and the Financial Literacy & Management in Ministry Council have been collaborating with Seattle University?s Albers School of Business and Economics to develop a curriculum for students to learn more about financial literacy. The school expects to announce the launch of the curriculum in 2016. Stay tuned for more updates as the work progresses!

Many thanks to all who have been hard at work bringing the project into this next phase.?

Click here for more information about the Economics & Pastoral Leadership Project.