October 22, 1999
United Methodist Church Plans Debt-Relief Fund for Seminary Students
Manna from the Methodists.
Troubled by the "crushing" debt that seminary students face upon graduation, the higher-education arm of the United Methodist Church hopes to start a major fund-raising campaign to help future ministers pay off their loans.
At a meeting in early October, the United Methodist Board of Higher Education and Ministry set aside $3-million to start a debt-relief fund. When the General Conference, the governing body of the church,
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