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4 Facts About Seminary Debt

Student Debt
Being called into vocational ministry and going to seminary to prepare for that call can be a wonderful blessing. I have fond memories of my time in seminary. Yet there is another side to the coin - the cost of seminary and the mountain of debt that a student can incur to finish seminary. If you are a student considering seminary (or know someone who is) here are 4 important facts to be aware of.

1. A majority of seminary students will take on debt
2. Seminary students already bring lots of debt with them from the undergraduate education
3. There is a lot of regret with seminary grads in regard to their debt and what they didn't know
4. Ministry jobs don't pay enough to adequately repay that debt

None of these facts alone should dissuade you from going to seminary, but you should at least be aware of the financial issues and count the cost (literally!)





(ht: Seminary Scholarships)

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