LSTC News Release
LSTC's President Reflects on McCormick Theological Seminary's Decision
Posted Jun 3, 2009
Following the May 13-14, 2009 meeting of the Board of Trustees of McCormick Theological Seminary and its decision to pursue an “orderly disengagement” from the real estate portion of its relationship with LSTC, President James Kenneth Echols said, “LSTC will always give thanks for the partnership of the two schools in the ministry of theological education that began in 1975. The seminary also regrets the strained financial circumstances that have led McCormick to make its decision."
LSTC’s Special Finance Task Force, appointed by the Board of Directors in November 2008, is currently assessing the impact of McCormick’s orderly disengagement which will take place as early as June 2010. The Task Force is developing plans that include potential building reconfiguration and new campus partners and working in other areas to strengthen the seminary.
Simultaneously, the seminary is implementing its new strategic plan that will guide LSTC into a bright future. The plan includes having the faculty review the institution’s degree and non-degree offerings to ensure that LSTC remains on the cutting edge of what the church needs to form gifted LSTC students to be faithful and effective missional leaders proclaiming Jesus Christ in the 21st century. President Echols noted that, “LSTC is uniquely positioned and strategically located to form the next generation of leaders, and LSTC is committed to doing just that. For in a great city, a great Christian tradition deserves a great seminary!”
Assistant to the President
Director of Communications
The Lutheran School of Theology at Chicago forms visionary leaders to bear witness to the good news of Jesus Christ. Its approximately 290 students come from all parts of the United States and from around the world to study in the masters level and advanced studies programs. Graduates become pastors, other church leaders, and university and seminary professors. LSTC is a seminary of the Evangelical Lutheran Church in America and a member of the Association of Chicago Theological Schools, allowing students to cross-register among the 12 member seminaries and drawing on a wealth of ecumenical resources. LSTC enjoys a number of cooperative arrangements with the University of Chicago.