This short (10 minute) video shares the strategies Luther Seminary has taken to foster an institutional culture of responsible stewardship. It is a case study of one school’s response to theological student indebtedness and is most appropriately used with theological school administrators, faculty and governing boards.
As a case study, it raises important questions: What are the ingredients of a debt-reduction plan? How are these communicated throughout the institution? Who needs to be involved in such a program to make it effective? How might another school adopt or adapt particular aspect of this initiative?
Resources and Tools
Accompanying this video, are Resources and Tools that highlight what various schools are using for financial planning and debt management with their students. Feel free to use any of these resources at your school. Download Resources and Tools materials in either a PDF or Powerpoint.
Student Loans and Seminary Costs: How to keep from mortgaging your future. This 30 minute video introduces five recent seminary graduates, some of the financial challenges they faced and decisions they made. Two experienced seminary administrators also offer advice on how to manage finances while in school.
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Related Contents: Finance and Student Debt, Research and Religion-old