On Thursday, the seminary's board of trustees declared an imminent financial crisis, a required step in order to end the employment of tenured faculty. The seminary's budget is projected to run a $500,000 shortfall for the current fiscal year. Annual expenditures are projected to run $2.9 million. Seabury-Western also carries a $3.5 million debt.
When I was a seminarian at Nashotah House Seminary, we used to play Seabury-Western in a football match, which we called the "Lavabo Bowl".
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