I have the opposite advice from bjcheung: Avoid it unless you can realistically see future work options, even part-time options.
Residential seminaries overseas actually post job offers from time to time. In the United States, you may have a hard time with finding any real offer in the field. The competition for those rare openings is fierce, and many PhD applicants come from top universities. I wouldn't count on online seminary options. It's extremely difficult to join residential Bible college and seminary faculties in the United States. The options for online seminary gigs are infinitesimally small. Keep in mind that many seminaries (Fuller Theological Seminary, Moody Bible Institute, etc.) are known as affirmative action employers. Your employment also depends on your ethnicity, so that factor must realistically be taken into consideration. Are you non-white? If not, you have an even smaller chance of getting that long-term faculty position after your PhD. Unless you receive a full scholarship or find a much cheaper program, I don't believe that it makes sense to go into possible debt over a fictional online seminary teaching gig. These online seminaries are often struggling financially, so this may not even provide a part-time salary. Personally, I would wait for a cheaper online doctorate option, or try finding a teaching position with a Master's degree. If you can't get a part-time position with a Master's, I wouldn't bank on a future career with an added doctorate.
Go for a PhD if you can get a full scholarship, or want to explore global teaching positions after financing the program on your own. Otherwise, I would avoid it.
Here's how the situation really looks ("Liberty University cuts divinity faculty"):
https://www.insidehighered.com/news/2019...ty-faculty
Residential seminaries overseas actually post job offers from time to time. In the United States, you may have a hard time with finding any real offer in the field. The competition for those rare openings is fierce, and many PhD applicants come from top universities. I wouldn't count on online seminary options. It's extremely difficult to join residential Bible college and seminary faculties in the United States. The options for online seminary gigs are infinitesimally small. Keep in mind that many seminaries (Fuller Theological Seminary, Moody Bible Institute, etc.) are known as affirmative action employers. Your employment also depends on your ethnicity, so that factor must realistically be taken into consideration. Are you non-white? If not, you have an even smaller chance of getting that long-term faculty position after your PhD. Unless you receive a full scholarship or find a much cheaper program, I don't believe that it makes sense to go into possible debt over a fictional online seminary teaching gig. These online seminaries are often struggling financially, so this may not even provide a part-time salary. Personally, I would wait for a cheaper online doctorate option, or try finding a teaching position with a Master's degree. If you can't get a part-time position with a Master's, I wouldn't bank on a future career with an added doctorate.
Go for a PhD if you can get a full scholarship, or want to explore global teaching positions after financing the program on your own. Otherwise, I would avoid it.
Here's how the situation really looks ("Liberty University cuts divinity faculty"):
https://www.insidehighered.com/news/2019...ty-faculty