Princeton Theological Seminary (PTSem), officially The Theological Seminary of the Presbyterian Church, is a private school of theology in Princeton, New Jersey. Founded in 1812 under the auspices of Archibald Alexander, the General Assembly of the Presbyterian Church (USA), and the College of New Jersey (now Princeton University), it is the second-oldest seminary in the United States. It is also the largest of ten seminaries associated with the Presbyterian Church. Princeton Seminary has long been influential in theological studies, with many leading biblical scholars, theologians, and clergy among its faculty and alumni. In addition, it operates one of the largest theological libraries in the world and maintains a number of special collections, including the Karl Barth Research Collection in the Center for Barth Studies. The seminary also manages an endowment of $1.13 billion, making it the third-wealthiest institution of higher learning in the state of New Jersey—after Princeton University and Rutgers University. In the 1980s, Princeton Seminary enrolled about 900 students but today, the Seminary enrolls approximately 333 students. While around 26 percent of them are candidates for ministry specifically in the Presbyterian Church, the majority are completing such candidature in other denominations, pursuing careers in academia across a number of different disciplines, or receiving training for other, non-theological fields altogether. Seminarians hold academic reciprocity with Princeton University as well as the Westminster Choir College of Rider University, New Brunswick Theological Seminary, Jewish Theological Seminary, and the School of Social Work at Rutgers University. The institution also has an ongoing relationship with the Center of Theological Inquiry. History The plan to establish a theological seminary in Princeton was in the interests of advancing and extending the theological curriculum. The educational intention was to go beyond the liberal arts course by setting up a postgraduate, professional school in theology. The plan met with enthusiastic approval on the part of authorities at the College of New Jersey, later to become Princeton University, for they were coming to see that specialized training in theology required more attention than they could give. The General Assembly of the Presbyterian Church established The Theological Seminary at Princeton, New Jersey in 1812, with the support of the directors of the nearby College of New Jersey (now Princeton University), as the second graduate theological school in the United States. The Seminary remains an institution of the Presbyterian Church (USA), being the largest of the ten theological seminaries affiliated