This famous bastion of conservative Christianity, founded in 1886, is experiencing financial setbacks and controversies.
Every institution of higher learning wants its degrees to be worth something to its students. The standards needed to accredit degrees usually have some things in common. An institution needs to do something besides indoctrinate. That means students need to be exposed at least a bit to the world outside the indoctrination.
The great Catholic Universities are accredited by well know secular associations. The universities provide students with secular knowledge and skills. Plenty of Catholics are angry about this and have tried to make these universities subject to the church rules and the Bishop of the Diocese where the University happens to be located. In theory, the President of Notre-Dame University reports to his local Bishop and not to his governing board, large donors, faculty and accrediting agencies. In reality, I suspect there are winks and nods about this.
Moody Bible Institute is perhaps the best known of all far right fundamentalist colleges. Moody’s supporters and no doubt some faculty and administrators want the Institute to have but on purpose, indoctrinating students in literal interpretation of the Bible. But others in the circle disagree and there are accrediting requirements.
Moody is apparently on the ropes. It laid off 1/3 of its faculty. Moody tuition is $20,000 per year and housing another $8,000 plus.
One would think all the prayers for Moody would save it. Prayers don’t seem to cover the students’ $30,000 plus per year and the future of Moody is bleak.