Financial Crisis
After 140 Years, Alliance University Will CloseFormerly Nyack College, the school was in bad financial shape for several years. The loss of accreditation earlier this week forced a reckoning.
Southwestern Seminary Blames $140M Deficit on OverspendingOver 20 years and two presidencies, the school went millions beyond its budget while enrollment continued to decline.
Can the United States Be ‘Forgiven Our Debts’?Even if the debt ceiling resolves, we should consider future generations.
18 Christian Colleges Closed Since the Start of COVID-19Enrollment numbers, financial challenges, and the pandemic spelled the end.
Alliance University’s Financial Woes Threaten AccreditationThe school formerly known as Nyack College has had money troubles for years. But school leadership is optimistic with rising enrollment.
The King’s College Shutters Classes, But Says It Is Not ClosingThe New York City school is beginning layoffs of staff and faculty. It was in a financial crisis and lost its accreditation.
Willow Creek Cuts Staff Budget by $6.5 MillionDuring the pandemic, just a couple years after Bill Hybels’s resignation, attendance at the Chicago-area megachurch fell by half.
How Seminary Downsizing Cuts into CommunitySelling a residential campus comes at the cost of embodied fellowship.
Facing Financial Challenges, TEDS Cuts Faculty PositionsThe number of full-time students at the evangelical seminary has dropped 44 percent in 20 years.
Where the Wartime Stock Market Is, There Your Heart Will Be AlsoPutin’s war on Ukraine has thrown the world into economic crisis. How should Christians lament the financial fallout?
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