Continue at liberal theological school?

I am in the first semester of an MA in theology program at a renowned ecumenical school situated within one of the nation's elite universities. My hope was to specialize in biblical theology and go on to do a PhD. Since mid-August I have been regularly attending a local WELS church where I am now seeking membership (I do not have a Lutheran background). The problem I now face is that my academic program is largely at odds with WELS teachings. After coming to agree with all of WELS confessions and doctrinal statements, I have become disillusioned with my graduate studies because of the pervasive theological liberalism and outright error. I am prayerfully considering dropping out as I grow more dissatisfied with my program each day. On the other hand, I am privileged to be enrolled in this institution with a full tuition scholarship and my grades are very good. What is the WELS position on members participating in non-WELS graduate theological education?

We do not have a rigid, hard-and-fast position on the subject matter of your question.  What our pastors would do with congregational members in your situation is alert them to circumstances at the educational institution where biblical fellowship principles might be compromised and to the very real danger that the errors taught in the classroom might be comprehended as truth by the WELS student.  A person in your situation needs to remain firmly grounded in God’s word and be able, with God’s strength, to withstand any ridicule and persecution that might result.

I understand your struggle, which is compounded by the financial implications involved.  Part of me wonders how much more you might enjoy and benefit from an education in the truths of God’s word, even at your own expense.

If you have not done so already, do speak with the pastor of the church where you are seeking membership.  He is in a position to discuss this at length with you.  God’s blessings to you!