Theological and Ministerial Studies graduates from Memphis Theological Seminary earn $26,353 median salary — below the national average for this program.
Theological and Ministerial Studies at Memphis Theological Seminary
Memphis, Tennessee • Doctoral
What the IPEDS & College Scorecard Data Shows for Theological and Ministerial Studies at Memphis Theological Seminary
This page combines two federal data products: IPEDS institutional characteristics for Memphis Theological Seminary and the College Scorecard field-of-study (FOS) file for Theological and Ministerial Studies at the doctoral credential level. The FOS file is keyed by CIP (Classification of Instructional Programs) code, which means earnings and debt figures here reflect only graduates of this specific program — not the school as a whole. IPEDS reports 12 completers in the most recent cohort for this program at Memphis Theological Seminary, the denominator behind the median earnings figure.
Median graduate earnings of $26,353 represent Treasury-verified wages approximately one year after program completion, drawn from Social Security Administration records linked to federal financial aid applicants. Compared to the national mean of $67,068 across all institutions offering Theological and Ministerial Studies, graduates here earn below the national average for this program. Across all programs at Memphis Theological Seminary, the mean median-earnings figure is $35,882, providing internal context for whether this specific field out-earns other options at the same institution.
Debt signals complete the ROI picture. Median federal debt is not separately reported for this program at this school.. Program-level debt and earnings come from the Department of Education’s College Scorecard FOS release, updated annually.
Earnings Comparison
Program Details
Debt & ROI
Theological and Ministerial Studies at Other Schools
| School | Median Earnings | Median Debt |
|---|---|---|
| Duke University | $97,542 | $25,583 |
| Southeastern Baptist Theological Seminary | $95,347 | — |
| Boston University | $91,158 | — |
| Evangel University | $85,123 | — |
| University of Chicago | $83,657 | — |
| Midwestern Baptist Theological Seminary | $80,599 | — |
| The Southern Baptist Theological Seminary | $77,507 | — |
| Fuller Theological Seminary | $72,361 | — |
| Trinity International University-Illinois | $69,406 | — |
| Boston College | $69,338 | — |
Other Programs at Memphis Theological Seminary
| Program | Median Earnings | Median Debt |
|---|---|---|
| Theological and Ministerial Studies | $41,565 | — |
| Pastoral Counseling and Specialized Ministries | $39,729 | — |
| Theological and Ministerial Studies (current) | $26,353 | — |
Other Schools with Theological and Ministerial Studies
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About the Data
Data from the U.S. Department of Education College Scorecard Field of Study file. Earnings are median earnings for graduates after completion, drawn from U.S. Treasury tax records linked to federal financial aid applicants. Institutional characteristics come from IPEDS. Debt figures represent the median cumulative federal loan debt at graduation.
Debt-to-earnings ratio compares cumulative debt to annual earnings. A ratio below 1.0 indicates that annual earnings exceed total debt, generally considered favorable. Estimated monthly payments assume a standard 10-year repayment plan.
Read our methodology — how this data is sourced, computed, and verified.