
I’m about to begin seminary in the fall and it’s not cheap. Between Jade and I we have student debt that equals the price of a nice house. To make matters worse we didn’t actually pick professions that are known for over paying. Teachers and Preachers aren’t the richest Americnas that’s for sure. Bishop Will Willimon addressed this issue recently on his blog.
http://willimon.blogspot.com/2009/03/educational-indebtedness-of-new-pastors.html
The bottom line is that most mainline ministers graduate with the same amount of education as lawyers and some in the medical field, also having the same amount of loans. The good news for the lawyers and doctors is that they will make substantial salaries (probably double mine) after graduation and shouldn’t have as much trouble paying off their lonans.
