The twenty-five theological colleges of the Church of England entered the 1960s in buoyant mood. Rooms were full, finances were steadily improving, expansion seemed inevitable. For four years in succession, from 1961 to 1964, ordinations exceeded six hundred a year, for the first time since before the First World War, and the peak was expected to rise still higher. In a famously misleading report, the sociologist Leslie Paul predicted that at a ‘conservative estimate’ there would be more than eight hundred ordinations a year by the 1970s. In fact, the opposite occurred. The boom was followed by bust, and the early 1970s saw ordinations dip below four hundred. The dramatic plunge in the number of candidates offering themselves for Anglican ministry devastated the theological colleges. Many began running at a loss and faced imminent bankruptcy. In desperation the central Church authorities set about closing or merging colleges, but even their ruthless cutbacks could not keep pace with the fall in ordinands.