After a historical audit analyzed the Princeton Theological Seminary’s role in American slavery back in 2016, the institution has agreed to pay reparations.
This decision comes after student activists started a public petition that received over 650 signatures and urged the trustees to take action. Virginia Theological Seminary is the only other theological institution to pay reparations in the United States, according to the Daily Princetonian.
The institution set aside 27.6 million of its endowment to finance the reparations. With the funding, 30 new scholarships for the descendants of slaves will be established, several building names will be changed to highlight African American leaders and a full-time director will be hired for the Center for Black Church Studies, the Daily Princetonian reported.
