Coaches for the Economic Equilibrium in Theological Schools project gathered recently to share observations and best practices for schools facing enrollment declines and other factors that throw their finances out of balance.
Economic Equilibrium and Theological Schools
A significant number of ATS schools are experiencing substantive and enduring financial stress that threatens their ability to attain their respective missions. ATS will seek to identify underlying issues that result in chronic financial stress, patterns of institutional responses that could ameliorate the impact of this stress while schools are seeking remedy, and patterns of institutional effort that could provide for healthier financial futures for these schools. In collaboration with the Auburn Center for the Study of Theological Education and In Trust, the Association will redevelop the Strategic Information Report to strengthen its usefulness by the schools in the areas of governance, administration, and institutional planning and assessment. ATS will also develop instructional guides to enhance the usefulness of the Institutional Peer Profile Report and the Strategic Information Report.