Wednesday, June 27, 2007
Each prep school pastor candidate costs over $100,000
Using rough numbers, WELS prep schools graduate about 10 (MLS) and 20 (LPS) pastor candidates per year. Each prep school subsidy is about $2,000,000 per year (according to 2007 Convention materials). Therefore, prep school subsidies compute to about $200,000 per year (MLS) and $100,000 per year (LPS) for each prep school graduate who enters MLC pastor track.