In an interview I shot with Eddie Gibbs a couple of years ago (no longer available online, I’m afraid), Eddie talked about the present seminary model that leads to students incurring huge debts in pursuit of their Masters Degrees. He commented that his banker, financial advisor and a real estate agent he knew were all M.Div’s who couldn’t afford to work full time at a church – they wouldn’t be able to service their seminary education debt.
Eddie was bold enough to suggest that seminaries needed to learn how to give their education away for free – like MIT and Stanford are doing. (Not that I expect to see that any time soon.) He also suggested that churches needed to be the ones sending folk to seminaries, paying for that education and expecting the seminarians to return to their sending community to work there or to be sent out from that community to plant new churches.
This is where the Disseminary makes so much sense to me.