Rice Applauds Princeton Theological Seminary for $25M Reparations Set-Aside

Senator Ronald Rice says that he will not vote on a NJ state budget that doesn't include $140 million in cost savings gained through a marijuana decriminalization and expungement law that eliminates unjust judicial and correctional practices targeting poor, minority and urban residents.

Senator Ronald L. Rice (D-28) today praised the Princeton Theological Seminary for setting aside $25 million to pay reparations for its historical ties to slavery.

“I commend the fearlessness, humility, honesty, and compassion of the Theological Seminary in its quest to right past wrongs and achieve generational change in our society,” said Rice.

This from the Daily Princetonian:

On Oct. 18, Princeton Theological Seminary announced its plans to finance reparations, making it the second theological institution in the nation, after Virginia Theological Seminary in Alexandria, Va., to do so. 

The decision, unanimously approved by the Seminary’s trustees, comes as an official response to a historical audit, commissioned in 2016, which examined the Seminary’s historical participation in the institutions of American slavery. 

Since the report was commissioned, Princeton Theological Seminary has witnessed significant student activism, particularly by the Seminary’s Association of Black Seminarians (ABS), whose members have called for the Seminary to approve and disburse reparations.

 

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