Either the Bible is God's word or it is not. Too many institutions start of with the premise that it is the product of fallible men. Many relegate the first 11 chapters of Genesis to the realm of myth.As soon as you proclaim that theological degrees are good as long as it comes from a Bible believing institution you seem to be implying that there are such degree granting institutions that are not "God believing", and that raises the question of, how do you distinguish? Do only Conservative-Evangelical ones meet this criteria or do more middle of the road or even liberal ones also eligible. What about a Conservative-Evangelical school that embraces academic honesty, that is sound arguments over doctrinal purity?
Among academics there are many currently unanswerable questions about what the Bible means in places, so which institutions are teaching the "proper" understandings of these, or is merely recognizing that these problems exist sufficient.
And given the widespread recognition of the existence of such problems, must we stay with traditional approaches or would an approach that eliminates these issues, but at a cost of redirecting and redefining how we express our faith be an improvement?
The problem is not God's word. It is that the Bible is a spiritual book for spiritual people. For example, many doubted that the account of the destruction of Jericho is accurate. The it was discovered and exactly as the Bible describes it. Then they had to find a natural explanation for the collapse of the walls.
The account states that Israel marched around Jericho for a week. I don't know how many men there were, but I know something about marching. When crossing a bridge constructed of stone, such as is common in England, the marchers had to "break step". So they waled across. Many stamping feet was enough to cause the bridge to collapse. It is not impossible for the shock from the armed men to undermine the walls such that they collapsed. If it was an earthquake, as some suggest, that's astounding for it's perfect timing.
If we do not understand something that does not make it untrue. Adam and Eve were real people, so much so that Jesus is called the "last Adam".
Faith is in effect spiritual eyesight. We see the physical with the physical eye, the mind also has understanding which is the mind's eye, and the spirit of man has the eye of faith. Reading the Bible from an intellectual point of view leads to doubt and unbelief.