Theological and Ministerial Studies

324
Schools
Master's
Credential Level
$62,398
National Avg Earnings

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

Theological and Ministerial Studies is tracked across 324 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 $62,398, calculated from 94 schools with published earnings data. The earnings distribution stretches from $36,869 at the low end to $117,823 at the top, with a 25th-75th percentile band between $55,037 and $67,008 around a median of $60,474. The top-reporting institution in this program is Hebrew Union College-Jewish Institute of Religion at $117,823. These numbers reflect Treasury-derived wages, deferred compensation, and positive self-employment earnings four years after completion for federally aided completers who were working and not enrolled.

Variation across schools matters more than a single national figure. Completer counts and earnings cohort counts are distinct source fields, so the displayed completer count should not be assumed to be the earnings denominator. PlainCollege's debt-to-earnings ratio divides median federal debt by annual median earnings as a descriptive comparison; it is not the Department's formal gainful-employment test. Use the school-by-school table to compare reported outcomes while accounting for cohort size, suppression, program mix, and location.

Liberty University accounts for 18.7% of all Theological and Ministerial Studies master's credential graduates

That dominant concentration — well above the 5% national median for largest-entity share means Theological and Ministerial Studies-wide averages lean heavily toward Liberty University's own figures, masking real variation among the smaller entities that make up the rest of the total. That school produced 1380 graduates in the most recent cohort, anchoring a meaningful slice of national supply for this field. When one entity holds this much weight, its programmatic and budget decisions carry outsized influence over the affected population.

Source: U.S. Department of Education College Scorecard

Theological and Ministerial Studies master's credential median earnings varies 3.2× across entities

Theological and Ministerial Studies master's credential median earnings ranges from $36,869 (lowest) to $117,823 (highest), a spread of $80,954. That spread is wider than typical and predicts noticeable gaps in service quality between the highest and lowest areas. Earnings are measured four years after completion using Treasury-derived records for federally aided completers who were working and not enrolled. They are descriptive early-career outcomes, not forecasts of longer-term earnings.

Source: 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

Theological and Ministerial Studies debt-to-earnings ratio is 0.74 — 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

Earnings Distribution

Min
$36,869
25th %ile
$55,037
Median
$60,474
75th %ile
$67,008
Max
$117,823
$36,869 $117,823

Top Schools for This Program

School Name State Awards (latest year) Median Earnings (4 yrs after completion) 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 -
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 -
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 -
The Southern Baptist Theological Seminary KY 321 $67,008 -
Trinity International University-Illinois IL 97 $66,978 $42,922
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
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
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
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
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
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
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
Christian Theological Seminary IN 22 $51,859 -
Carolina University NC 10 $51,238 -
Saint Leo University FL 42 $51,193 $50,526
Hope International University CA 18 $50,745 $42,124
Samford University AL 29 $50,016 $49,054
Pacific School of Religion CA 9 $49,474 -
Starr King School for the Ministry CA 17 $49,050 -
Ashland University OH 21 $47,883 $53,598
Louisville Presbyterian Theological Seminary KY 16 $47,542 -
Chicago Theological Seminary IL 31 $47,364 $62,566
Interdenominational Theological Center GA 49 $47,138 $82,000
Mount St. Mary's University MD 38 $46,316 -
Pentecostal Theological Seminary TN 35 $43,960 -
Milligan University TN 19 $43,743 -
Trevecca Nazarene University TN 4 $40,491 $30,750
Azusa Pacific University CA 32 $36,869 $65,304
American Jewish University CA 7 $94,408 at 2 yrs -
Westminster Theological Seminary in California CA 29 $34,984 at 1 yr $42,960
Holy Apostles College and Seminary CT 67 $47,260 at 2 yrs -
Howard University DC 16 $50,856 at 2 yrs -
Southeastern University FL 94 $41,691 at 1 yr $32,666
Northwest Nazarene University ID 13 $44,384 at 2 yrs -

Earnings trajectory. For the 87 schools reporting both horizons, median earnings are 41% higher four years after completion than one year after. That is the same graduates measured twice, not two different groups, so it describes how pay develops early in the career rather than a difference between schools. A school missing from this count reports only one horizon.

Awards and earnings come from different reference periods, so they are not a count and an average of the same people. Awards is the number of credentials the school reported for the latest IPEDS year; median earnings is measured four years after completion, for a separate pooled cohort of earlier graduates. A school can therefore report zero awards in the latest year and still have earnings on record. The earnings figure is not the awards figure’s average, and the awards count is not the earnings sample size. Schools are ranked on the four-year earnings figure only, so every row is compared on the same basis.

Compare beyond the CIP family

Nationwide peers by school count & four-year earnings

Cross-field programs at the same credential level nearest Theological and Ministerial Studies on school-count breadth (324 schools) and mean four-year median earnings ($62,398). Peers exclude the same two-digit CIP family so neighborhoods are not CIP-containment siblings. School-count peers include Human Resources Management and Services, Music, Criminal Justice and Corrections. Earnings peers include Curriculum and Instruction, Dietetics and Clinical Nutrition Services, Sports, Kinesiology, and Physical Education/Fitness. Neighborhoods are forced disjoint so each axis surfaces a different set of programs.

Frequently Asked Questions

How much do Theological and Ministerial Studies graduates earn? ▼
Theological and Ministerial Studies graduates earn $62,398 on average four years after completion, across the 94 of 324 schools that report earnings for this program. Earnings range from $36,869 to $117,823 depending on the institution.
Which school's Theological and Ministerial Studies graduates earn the most? ▼
Hebrew Union College-Jewish Institute of Religion has the highest reported median earnings for Theological and Ministerial Studies graduates at $117,823, measured four years after completion in College Scorecard data. This reflects what graduates went on to earn, which depends heavily on who the school admits and which employers recruit there. It is not a figure the school pays.
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 retrieved in March 2026. The program metric displayed here represents federally aided completers who were working and not enrolled four years after credential completion, using Treasury-derived records published through the Scorecard. Completer counts and debt figures come from the same field-of-study snapshot; the Department refreshes components on schedules documented in its changelog, not one fixed annual date.

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