When Congress overwhelmingly approved a measure last month to relieve spiraling student debt, churches probably didn’t realize the problem hits closer to home than expected””many pastors are leaving seminary and divinity school with tens of thousands of dollars in loans.
“It’s becoming a huge issue,” said Bill Wilson, president of the Center for Congregational Health. “I’ve heard of totals approaching $60,000. I had one resident who showed up with $40,000 between school and credit cards.”