World survey by the Interchurch World Movement of North America : revised preliminary statement and budget .. . of theseschools. This is their task. NEEDS THE need is two-fold: first, to provide insti-tutions capable of training men adequatelyfor a large part in the task of Christianizingthe world; and, second, to secure men of largecapacity in sufficient numbers to be trained forthe task. The need of adequate funds is basic. Withthese provided many other ills can easily becured. No accepted study has ever been madeto determine the exact assets necessary for astandard seminary, but figures bas
World survey by the Interchurch World Movement of North America : revised preliminary statement and budget .. . of theseschools. This is their task. NEEDS THE need is two-fold: first, to provide insti-tutions capable of training men adequatelyfor a large part in the task of Christianizingthe world; and, second, to secure men of largecapacity in sufficient numbers to be trained forthe task. The need of adequate funds is basic. Withthese provided many other ills can easily becured. No accepted study has ever been madeto determine the exact assets necessary for astandard seminary, but figures based on a studyof some 80 institutions suggest $600,000 as a con-servative estimate of the needed assets. AMERICAN EDUCATION: Theological Seminaries 195 Another study shows that 67 seminaries of 8leading denominations have $31,295,000, orabout half the total assets of all the institutionsin the field. If all the seminaries in America measured upto this standard the aggregate of their assetswould be over $100,000,000 instead of the SEMINARY ATTENDANCE IN RELATION TO CHURCH MEMBERSHIP AND NUMBERS OF MINISTERS. ,000 10,000,000 CHURCH MEMBERSHIP NUMBER OF MINISTERS 20,000 15,000 10,000 5,000 150,000 100,000 50,000 ^ ^^ ^ ^ SEMINARY ATTENDANCE $64,000,000 accredited to them through thereports to the United States Bureau of Educa-tion. Even this is an estimate on a pre-warbasis and does not take into account either pres-ent conditions or future expansion. Fully 50per cent, must be added to income to maintaineven the pre-war standard. Seminaries are not in a position to increaseto any great extent their income without none collect tuition fees. Their alumnido not enter money-making professions. Theirbest faculty members are eagerly sought forservice in better paying positions. One professorrecently refused an $8,000 position to remain inthe seminary at a salaiy of $2,200. Such asacrifice may be a credit to the man and a com-pliment to the institution, but it is
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