The seminar Meadville-Lombard in Chicago, which traditionally has provided theological education and pastoral ministry applicants Unitarian-Universalist has announced it is selling its campus in Chicago, including all buildings and facilities.
also announced it is talking to the seminar Andover-Newton, Massachusetts, with a view to possible collaboration or integration of both institutions.
According to the board of the seminar, the sale of the Chicago campus of the school will provide greater financial flexibility with a view to possible collaboration with other seminars, fund the launch of a new school and will overcome the difficulties of keeping existing facilities.
The current economic crisis, along with the ever-increasing costs higher education, is forcing many U.S. seminaries to look for ways of cooperation to enable them to share costs. According to the Reverend. Dr. Daniel O. Aleshire, executive director of the Association of Theological Schools (ATS), "This recession has severely affected the seminars because many of their budgets are based on donations."
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