A New Jersey seminary pledged to put $27.6 million into scholarship funds and fellowships for descendants of slaves in an effort to repent for its own ties to slavery. The Princeton Theological Seminary announced the initiative after an audit revealed that the founding members of the faculty used slave labor at some point in their lives and the seminary "benefited from the slave economy, both through investments in Southern banks in the mid-19th century and from donors who profited from slavery," according to a detailed outline of the plan released on Friday. John White, dean of students and vice president of student ... (full story)