Christian Theological Seminary Offers Buyouts to Tenured Faculty

The Christian Theological Seminary, in Indiana, has announced a "sustainability plan" that involves buyouts to faculty members while looking for partnerships with other institutions and developing new financial strategies. While not detailed in the announcement, the buyouts could substantially change the nature of the institution. Some concerned students have heard rumors that essentially all faculty members are being asked to accept deals. But a spokeswoman for the seminary said that the buyout offers have been presented to 70 percent of tenured faculty members.