Theological and Ministerial Studies graduates from Shaw University earn $31,305 median salary — below the national average for this program. Median debt: $82,000.

Theological and Ministerial Studies at Shaw University

Raleigh, North Carolina • Master's

Median Earnings
$31,305
Graduates earn below the national average for this program

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

This page combines two federal data products: IPEDS institutional characteristics for Shaw University and the College Scorecard field-of-study (FOS) file for Theological and Ministerial Studies at the master's 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 19 completers in the most recent cohort for this program at Shaw University, the denominator behind the median earnings figure.

Median graduate earnings of $31,305 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 $58,579 across all institutions offering Theological and Ministerial Studies, graduates here earn below the national average for this program. Across all programs at Shaw University, the mean median-earnings figure is $37,840, providing internal context for whether this specific field out-earns other options at the same institution.

Debt signals complete the ROI picture. The median cumulative federal loan debt for Theological and Ministerial Studies graduates at Shaw University is $82,000, which translates to roughly $683 per month on a standard 10-year repayment plan. The debt-to-earnings ratio of 2.62 is above the 1.0 threshold, meaning cumulative debt exceeds first-year post-completion earnings. Program-level debt and earnings come from the Department of Education’s College Scorecard FOS release, updated annually.

Earnings Comparison

This School
$31,305
Theological and Ministerial Studies
National Average
$58,579
All schools, same program
School Average
$37,840
All programs at Shaw University

Program Details

Master's
Credential Level
19
Completers (IPEDS)
326
Schools Offering

Debt & ROI

$82,000
Median Debt
2.62
Debt-to-Earnings (High)
$683/mo
Est. Monthly Payment
$31,305
Median Earnings

Theological and Ministerial Studies at Other Schools

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.