$27 Million for Reparations Over Slave Ties Pledged by Seminary

A New Jersey seminary has pledged to spend $27 million on scholarships and other initiatives to address its historical ties to slavery, in what appears to be the biggest effort of its kind.

The announcement, by the Princeton Theological Seminary on Friday, came about a year after an internal report detailed the findings of a two-year investigation that showed slavery’s deep roots in the school’s past.

The move put the seminary at the heart of a national discussion about what those who reaped the benefits of slavery — and the United States as a whole — owe to the descendants of slaves.

Read the article at The New York Times.