Theological and Ministerial Studies

326
Schools
Master's
Credential Level
$64,368
National Avg Earnings

What the IPEDS & College Scorecard Data Shows for Theological and Ministerial Studies

Theological and Ministerial Studies is tracked across 326 U.S. postsecondary institutions in the College Scorecard field-of-study file, which links CIP code classifications from IPEDS to Treasury earnings records. This profile covers the master's credential level specifically, because the Department of Education reports program-level outcomes separately for associate, bachelor’s, master’s, and doctoral awards. The CIP (Classification of Instructional Programs) taxonomy lets analysts roll up specialties into broader families, which is why earnings medians across schools can be compared on a common basis.

Across all reporting institutions, the mean of school-level medians is $64,368, calculated from 100 schools with published earnings data. The earnings distribution stretches from $49,050 at the low end to $117,823 at the top, with a 25th-75th percentile band between $56,415 and $69,603 around a median of $61,789. The top-reporting institution in this program is Hebrew Union College-Jewish Institute of Religion at $117,823. These numbers reflect earnings measured roughly a year after completion, using Social Security Administration tax records linked to federal financial aid applicants.

Variation across schools matters more than a single national figure. Completers counts reported per school indicate how many graduates’ earnings feed the median, which means small programs produce more volatile numbers. Median debt at the program level, when paired with earnings, yields a debt-to-earnings ratio that is the College Scorecard’s standard affordability signal — ratios under 1.0 indicate earnings exceed cumulative debt. Use the school-by-school table to spot institutions where Theological and Ministerial Studies graduates out-earn peers at comparable cost, and to surface gainful-employment patterns that only become visible at the CIP-code level.

Liberty University accounts for 21.1% of all Theological and Ministerial Studies master's credential graduates

That concentration — well above the 5% national median for largest-entity share — means Theological and Ministerial Studies-wide averages can mask substantial variation outside the dominant entity. That school produced 1380 graduates in the most recent cohort, anchoring a meaningful slice of national supply for this field. When one entity dominates a region's footprint, its programmatic and budget decisions effectively set policy for a majority of the affected population.

Source: U.S. Department of Education College Scorecard U.S. Department of Education College Scorecard

Theological and Ministerial Studies master's credential median earnings varies 2.4× across entities

Theological and Ministerial Studies master's credential median earnings ranges from $49,050 (lowest) to $117,823 (highest), a spread of $68,773. That spread reflects typical sectoral variation between selective research institutions and broader access institutions. Earnings are measured roughly one year after completion using IRS records linked to federal aid recipients (see https://www.irs.gov/) — not all completers are captured, but the school-level medians correlate strongly with longer-term earnings trajectories.

Source: College Scorecard Field of Study file; U.S. Treasury earnings linkage College Scorecard Field of Study file; U.S. Treasury earnings linkage

Theological and Ministerial Studies master's credential median debt varies 7.3× across entities

Theological and Ministerial Studies master's credential median debt ranges from $13,910 (lowest) to $101,250 (highest), a spread of $87,340. That ratio is among the widest observed and reflects extreme cost-of-attendance variation — students at the high end accumulate substantially more debt for the same credential, often without proportionally higher post-graduation earnings. Median debt counts only those students who borrowed federal loans — students who paid out-of-pocket or received institutional grants are excluded from the borrower median, which can flatter low-debt schools.

Source: College Scorecard Field of Study file; IPEDS financial aid data College Scorecard Field of Study file; IPEDS financial aid data

Theological and Ministerial Studies debt-to-earnings ratio is 0.70 — near the typical range (US average ~1) — aligned with the typical 1:1 ratio that defines federal gainful-employment thresholds

debt-to-earnings ratio is the simplest comparative metric but it does not capture the full picture: this ratio uses federal loan principal, not all education debt — private loans, parent PLUS loans not in the borrower’s name, and institutional debt are excluded Variation between sub-units within Theological and Ministerial Studies is typically wider than the Theological and Ministerial Studies-aggregate figure suggests.

Source: College Scorecard Field of Study file College Scorecard Field of Study file

Earnings Distribution

Min
$49,050
25th %ile
$56,415
Median
$61,789
75th %ile
$69,603
Max
$117,823
$49,050 $117,823

Top Schools for This Program

School Name State Completers Median Earnings Median Debt
Hebrew Union College-Jewish Institute of Religion NY 30 $117,823 $101,250
The King's University TX 43 $100,714 $41,000
Concordia Seminary MO 63 $97,155 $13,910
Lenoir-Rhyne University NC 9 $95,302
Church Divinity School of the Pacific CA 15 $94,644
American Jewish University CA 7 $94,408
Episcopal Theological Seminary of the Southwest TX 22 $84,654
Lancaster Theological Seminary PA 17 $81,551 $61,500
Luther Seminary MN 122 $81,169 $41,000
The Master's University and Seminary CA 64 $81,084 $24,402
Concordia Theological Seminary IN 35 $80,818 $33,254
United Lutheran Seminary PA 37 $75,543
Nazarene Theological Seminary MO 34 $74,925
Lutheran School of Theology at Chicago IL 15 $74,576
Faith International University WA 15 $73,387
Gordon-Conwell Theological Seminary MA 155 $73,273 $40,000
Southeastern Baptist Theological Seminary NC 274 $71,527
Union Theological Seminary in the City of New York NY 64 $71,072 $60,020
Yale University CT 115 $70,736 $39,785
Northeastern Seminary NY 28 $70,305 $41,000
Indiana Wesleyan University-Marion IN $69,914 $42,191
Indiana Wesleyan University-National & Global IN 12 $69,914 $42,191
Moody Bible Institute IL 83 $69,835 $25,442
Sacred Heart Major Seminary MI 16 $69,654
Dallas Theological Seminary TX 224 $69,603 $26,509
Midwestern Baptist Theological Seminary MO 216 $68,891 $27,450
The Catholic University of America DC 41 $68,008
Capital University OH 0 $67,660
The Southern Baptist Theological Seminary KY 321 $67,008
Trinity International University-Illinois IL 97 $66,978 $42,922
Nashotah House WI 20 $66,821
Fuller Theological Seminary CA 227 $66,602 $44,656
Methodist Theological School in Ohio OH 15 $66,137
Wheaton College IL 26 $66,104
University of Dubuque IA 24 $66,039
Meadville Theological School of Lombard College IL 11 $65,954 $60,500
Hardin-Simmons University TX 10 $65,147
Boston College MA 75 $64,786 $30,860
Luther Rice College & Seminary GA 76 $64,377 $41,000
Lipscomb University TN 18 $64,190
Princeton Theological Seminary NJ 92 $63,783 $31,935
Emory University GA 111 $63,450 $58,657
New Brunswick Theological Seminary NJ 12 $62,869 $64,000
Austin Presbyterian Theological Seminary TX 32 $62,778
Wake Forest University NC 20 $62,158 $59,016
George Fox University OR 37 $62,123 $35,240
Biola University CA 78 $62,024 $34,327
Denver Seminary CO 45 $61,916 $39,208
Cornerstone University MI 15 $61,838
Harvard University MA 126 $61,789 $25,632
Western Seminary OR 122 $61,070 $16,100
Campbellsville University KY 0 $61,020
Regent University VA 66 $60,973 $58,925
Payne Theological Seminary OH 21 $60,748 $54,236
Saint Joseph's College of Maine ME 35 $60,474
Wartburg Theological Seminary IA 47 $60,439 $21,119
University of Northwestern-St Paul MN 10 $60,095 $24,443
Saint Paul School of Theology KS 27 $59,911
The Seattle School of Theology & Psychology WA 3 $59,845
Eden Theological Seminary MO 19 $59,788 $37,510
Asbury Theological Seminary KY 204 $59,725 $39,774
Texas Christian University TX $59,368 $72,411
Brite Divinity School TX 30 $59,368 $72,411
Houston Christian University TX 49 $59,295 $41,000
Eastern University PA 55 $59,040 $53,614
Hood Theological Seminary NC 14 $59,012 $60,530
Mercer University GA 23 $58,680 $71,061
University of Notre Dame IN 64 $58,621
Duke University NC 129 $58,405 $53,550
Baylor University TX 59 $58,391 $40,158
Vanderbilt University TN 50 $58,149 $43,343
Garrett-Evangelical Theological Seminary IL 21 $57,987 $41,000
Covenant Theological Seminary MO 70 $57,772 $25,000
Liberty University VA 1,380 $56,700 $34,166
Pontifical College Josephinum OH 5 $56,415
Seattle Pacific University WA 19 $55,836
Southern Methodist University TX 76 $55,347 $66,844
Westminster Theological Seminary PA 62 $55,338 $31,632
Phillips Theological Seminary OK 9 $55,338
Campbell University NC 17 $55,216 $41,000
Franciscan University of Steubenville OH 81 $55,071 $35,552
United Theological Seminary of the Twin Cities MN 25 $55,037 $44,825
Saint Charles Borromeo Seminary-Overbrook PA 43 $54,644
Hellenic College-Holy Cross Greek Orthodox School of Theology MA 21 $54,403 $23,157
Bethel University MN 48 $54,390 $54,666
University of Chicago IL 48 $53,796 $62,708
Columbia Theological Seminary GA 53 $53,161 $37,354
Nelson University TX 13 $53,150 $51,686
Lee University TN 22 $52,697
Ohio Christian University OH 46 $52,631 $22,288
Saint Johns University MN 13 $52,289
Christian Theological Seminary IN 22 $51,859
Carolina University NC 10 $51,238
Saint Leo University FL 42 $51,193 $50,526
Howard University DC 16 $50,856
Hope International University CA 18 $50,745 $42,124
Samford University AL 29 $50,016 $49,054
Saint Meinrad School of Theology IN 48 $49,683
Pacific School of Religion CA 9 $49,474
Starr King School for the Ministry CA 17 $49,050

Frequently Asked Questions

How much do Theological and Ministerial Studies graduates earn?
Theological and Ministerial Studies graduates earn $64,368 on average across 326 schools. Earnings range from $49,050 to $117,823 depending on the institution.
Which school pays the most for Theological and Ministerial Studies?
Hebrew Union College-Jewish Institute of Religion has the highest reported median earnings for Theological and Ministerial Studies graduates at $117,823, based on College Scorecard data.
What credential do you get in Theological and Ministerial Studies?
Theological and Ministerial Studies programs typically award a Master's credential. Earnings vary by school and credential level.

About This Data

Earnings data comes from the U.S. Department of Education College Scorecard Field of Study file. Median earnings represent graduates who received federal financial aid, drawn from U.S. Treasury tax records linked to federal student aid applicants. Completers count and debt figures reflect program-level data reported through IPEDS. Data is updated annually.

Earnings data sourced from IRS records via the U.S. Treasury–Department of Education matching protocol used by the College Scorecard.