MASTER'S DEGREE · DEGREE PAYOFF · FEDERAL FIELD 3906

Theological and Ministerial Studies: is this master's degree worth it?

National picture across 100 reporting college programs.

Personal baseline needed

$60,457 in median year-4 earnings

A credible return for this credential must start with what the student would otherwise earn. The federal data does not provide that personal baseline.

$60,457Median year-4 earnings
$24,150Average institution net-price context
Not availableMedian federal debt
Use your actual price and alternative earnings before evaluating return. Model your own starting point →
WHAT THIS DEGREE PAYS

Observed national outcomes

$60,457Median reported earnings · year 4
$62,683Average reported earnings · year 5
Not availableMedian federal debt
16thYear-4 earnings percentile at this credential
100Reporting programs
100With year-4 earnings
COMPARE CREDENTIAL LEVELS

The same field can produce a different equation.

Keep the federal field fixed and compare observed outcomes at every reportable credential level. These are separate graduate cohorts—not a promise that more schooling causes the difference.

OPEN PROFILE

Undergraduate Certificate or Diploma

Year-4 earnings
$29,038
Federal debt
$18,054
Reporting programs
2
2 report earnings →
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Associate's Degree

Year-4 earnings
$45,166
Federal debt
$18,938
Reporting programs
3
3 report earnings →
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Bachelor's Degree

Year-4 earnings
$47,518
Federal debt
$25,838
Reporting programs
38
26 report earnings →
CURRENT VIEW

Master's Degree

Year-4 earnings
$60,457
Federal debt
Not available
Reporting programs
100
100 report earnings →
OPEN PROFILE

Doctoral Degree

Year-4 earnings
$73,457
Federal debt
Not available
Reporting programs
14
14 report earnings →
OPEN PROFILE

First Professional Degree

Year-4 earnings
$63,549
Federal debt
Not available
Reporting programs
11
11 report earnings →
OPEN PROFILE

Graduate/Professional Certificate

Year-4 earnings
$55,739
Federal debt
Not available
Reporting programs
1
1 report earnings →
COLLEGE-TO-COLLEGE RANGE

Where the middle half of programs lands

Year‑4 earnings differ by college. This band shows the 25th percentile, national median and 75th percentile among reporting programs.

Median
25th percentile$54,390National median$60,45775th percentile$67,008
100 programs report year‑4 earnings.
WHERE OUTCOMES ARE STRONGEST

See the spread, not just the national number.

1Hebrew Union College-Jewish Institute of Religion$117,8232The King's University$100,7143Concordia Seminary$97,1554Lenoir-Rhyne University$95,3025Church Divinity School of the Pacific$94,6446Luther Seminary$81,1697The Master's University and Seminary$81,0848Concordia Theological Seminary$80,8189United Lutheran Seminary$75,54310Nazarene Theological Seminary$74,925

Observed year-4 earnings · top displayed records are not a universal ranking

WHERE THIS FIELD CAN LEAD

Related occupations

Official CIP–SOC links add career context without claiming that every graduate enters the same job.

ClergySOC 21-2011 · 5 crosswalk linksPhilosophy and Religion Teachers, PostsecondarySOC 25-1126 · 5 crosswalk linksReligious Workers, All OtherSOC 21-2099 · 1 crosswalk links
BEST COLLEGES FOR THEOLOGICAL AND MINISTERIAL STUDIES

Same degree, different outcomes

Compare reported outcomes using the same federal field and credential. Automated ROI is withheld when an exact program price or personal earnings baseline is required.

#CollegeLocationEarnings, year 4Federal debtROI statusCost context
1Hebrew Union College-Jewish Institute of ReligionMaster's DegreeNew York, NY$117,823Not availableBaseline neededNot available
2The King's UniversityMaster's DegreeSouthlake, TX$100,714Not availableBaseline needed$14,140
3Concordia SeminaryMaster's DegreeSaint Louis, MO$97,155Not availableBaseline neededNot available
4Lenoir-Rhyne UniversityMaster's DegreeHickory, NC$95,302Not availableBaseline needed$20,689
5Church Divinity School of the PacificMaster's DegreeBerkeley, CA$94,644Not availableBaseline neededNot available
6Luther SeminaryMaster's DegreeSaint Paul, MN$81,169Not availableBaseline neededNot available
7The Master's University and SeminaryMaster's DegreeSanta Clarita, CA$81,084Not availableBaseline needed$32,647
8Concordia Theological SeminaryMaster's DegreeFort Wayne, IN$80,818Not availableBaseline neededNot available
9United Lutheran SeminaryMaster's DegreeGettysburg, PA$75,543Not availableBaseline neededNot available
10Nazarene Theological SeminaryMaster's DegreeKansas City, MO$74,925Not availableBaseline neededNot available
11Faith International UniversityMaster's DegreeTacoma, WA$73,387Not availableBaseline needed$22,662
12Gordon-Conwell Theological SeminaryMaster's DegreeSouth Hamilton, MA$73,273Not availableBaseline neededNot available
13Southeastern Baptist Theological SeminaryMaster's DegreeWake Forest, NC$71,527Not availableBaseline needed$13,090
14Union Theological Seminary in the City of New YorkMaster's DegreeNew York, NY$71,072Not availableBaseline neededNot available
15Yale UniversityMaster's DegreeNew Haven, CT$70,736Not availableBaseline needed$23,777
16Northeastern SeminaryMaster's DegreeRochester, NY$70,305Not availableBaseline neededNot available
17Indiana Wesleyan University-MarionMaster's DegreeMarion, IN$69,914Not availableBaseline needed$22,866
18Indiana Wesleyan University-National & GlobalMaster's DegreeMarion, IN$69,914Not availableBaseline needed$16,898
19Moody Bible InstituteMaster's DegreeChicago, IL$69,835Not availableBaseline needed$22,221
20Sacred Heart Major SeminaryMaster's DegreeDetroit, MI$69,654Not availableBaseline needed$11,916
21Dallas Theological SeminaryMaster's DegreeDallas, TX$69,603Not availableBaseline neededNot available
22Midwestern Baptist Theological SeminaryMaster's DegreeKansas City, MO$68,891Not availableBaseline needed$23,006
23The Catholic University of AmericaMaster's DegreeWashington, DC$68,008Not availableBaseline needed$29,561
24The Southern Baptist Theological SeminaryMaster's DegreeLouisville, KY$67,008Not availableBaseline neededNot available
25Trinity International University-IllinoisMaster's DegreeDeerfield, IL$66,978Not availableBaseline needed$2,835
26Fuller Theological SeminaryMaster's DegreePasadena, CA$66,602Not availableBaseline neededNot available
27Methodist Theological School in OhioMaster's DegreeDelaware, OH$66,137Not availableBaseline neededNot available
28Wheaton CollegeMaster's DegreeWheaton, IL$66,104Not availableBaseline needed$26,975
29University of DubuqueMaster's DegreeDubuque, IA$66,039Not availableBaseline needed$23,386
30Meadville Theological School of Lombard CollegeMaster's DegreeChicago, IL$65,954Not availableBaseline neededNot available
31Hardin-Simmons UniversityMaster's DegreeAbilene, TX$65,147Not availableBaseline needed$19,555
32Boston CollegeMaster's DegreeChestnut Hill, MA$64,786Not availableBaseline needed$41,704
33Luther Rice College & SeminaryMaster's DegreeLithonia, GA$64,377Not availableBaseline needed$27,883
34Lipscomb UniversityMaster's DegreeNashville, TN$64,190Not availableBaseline needed$24,739
35Princeton Theological SeminaryMaster's DegreePrinceton, NJ$63,783Not availableBaseline neededNot available
36Emory UniversityMaster's DegreeAtlanta, GA$63,450Not availableBaseline needed$22,585
37Austin Presbyterian Theological SeminaryMaster's DegreeAustin, TX$62,778Not availableBaseline neededNot available
38Wake Forest UniversityMaster's DegreeWinston-Salem, NC$62,158Not availableBaseline needed$28,719
39George Fox UniversityMaster's DegreeNewberg, OR$62,123Not availableBaseline needed$31,679
40Biola UniversityMaster's DegreeLa Mirada, CA$62,024Not availableBaseline needed$31,495
41Denver SeminaryMaster's DegreeLittleton, CO$61,916Not availableBaseline neededNot available
42Cornerstone UniversityMaster's DegreeGrand Rapids, MI$61,838Not availableBaseline needed$20,301
43Harvard UniversityMaster's DegreeCambridge, MA$61,789Not availableBaseline needed$19,066
44Western SeminaryMaster's DegreePortland, OR$61,070Not availableBaseline neededNot available
45Regent UniversityMaster's DegreeVirginia Beach, VA$60,973Not availableBaseline needed$19,923
46Payne Theological SeminaryMaster's DegreeWilberforce, OH$60,748Not availableBaseline neededNot available
47Saint Joseph's College of MaineMaster's DegreeStandish, ME$60,474Not availableBaseline needed$27,555
48Wartburg Theological SeminaryMaster's DegreeDubuque, IA$60,439Not availableBaseline neededNot available
49University of Northwestern-St PaulMaster's DegreeSaint Paul, MN$60,095Not availableBaseline needed$27,705
50The Seattle School of Theology & PsychologyMaster's DegreeSeattle, WA$59,845Not availableBaseline neededNot available
51Eden Theological SeminaryMaster's DegreeWebster Groves, MO$59,788Not availableBaseline neededNot available
52Asbury Theological SeminaryMaster's DegreeWilmore, KY$59,725Not availableBaseline neededNot available
53Texas Christian UniversityMaster's DegreeFort Worth, TX$59,368Not availableBaseline needed$36,660
54Brite Divinity SchoolMaster's DegreeFort Worth, TX$59,368Not availableBaseline neededNot available
55Houston Christian UniversityMaster's DegreeHouston, TX$59,295Not availableBaseline needed$20,629
56Eastern UniversityMaster's DegreeSaint Davids, PA$59,040Not availableBaseline needed$26,662
57Hood Theological SeminaryMaster's DegreeSalisbury, NC$59,012Not availableBaseline neededNot available
58Mercer UniversityMaster's DegreeMacon, GA$58,680Not availableBaseline needed$23,847
59University of Notre DameMaster's DegreeNotre Dame, IN$58,621Not availableBaseline needed$26,780
60Duke UniversityMaster's DegreeDurham, NC$58,405Not availableBaseline needed$29,612
61Baylor UniversityMaster's DegreeWaco, TX$58,391Not availableBaseline needed$41,104
62Vanderbilt UniversityMaster's DegreeNashville, TN$58,149Not availableBaseline needed$15,846
63Garrett-Evangelical Theological SeminaryMaster's DegreeEvanston, IL$57,987Not availableBaseline neededNot available
64Covenant Theological SeminaryMaster's DegreeSaint Louis, MO$57,772Not availableBaseline neededNot available
65Liberty UniversityMaster's DegreeLynchburg, VA$56,700Not availableBaseline needed$29,357
66Seattle Pacific UniversityMaster's DegreeSeattle, WA$55,836Not availableBaseline needed$24,488
67Southern Methodist UniversityMaster's DegreeDallas, TX$55,347Not availableBaseline needed$40,892
68Westminster Theological SeminaryMaster's DegreeGlenside, PA$55,338Not availableBaseline neededNot available
69Campbell UniversityMaster's DegreeBuies Creek, NC$55,216Not availableBaseline needed$24,516
70Franciscan University of SteubenvilleMaster's DegreeSteubenville, OH$55,071Not availableBaseline needed$23,589
71United Theological Seminary of the Twin CitiesMaster's DegreeSt. Paul, MN$55,037Not availableBaseline neededNot available
72Hellenic College-Holy Cross Greek Orthodox School of TheologyMaster's DegreeBrookline, MA$54,403Not availableBaseline needed$25,203
73Bethel UniversityMaster's DegreeSaint Paul, MN$54,390Not availableBaseline needed$28,556
74University of ChicagoMaster's DegreeChicago, IL$53,796Not availableBaseline needed$14,860
75Columbia Theological SeminaryMaster's DegreeDecatur, GA$53,161Not availableBaseline neededNot available
76Nelson UniversityMaster's DegreeWaxahachie, TX$53,150Not availableBaseline needed$21,662
77Lee UniversityMaster's DegreeCleveland, TN$52,697Not availableBaseline needed$18,878
78Ohio Christian UniversityMaster's DegreeCircleville, OH$52,631Not availableBaseline needed$20,607
79Christian Theological SeminaryMaster's DegreeIndianapolis, IN$51,859Not availableBaseline neededNot available
80Carolina UniversityMaster's DegreeWinston-Salem, NC$51,238Not availableBaseline needed$20,828
81Saint Leo UniversityMaster's DegreeSaint Leo, FL$51,193Not availableBaseline needed$21,293
82Hope International UniversityMaster's DegreeFullerton, CA$50,745Not availableBaseline needed$29,310
83Samford UniversityMaster's DegreeBirmingham, AL$50,016Not availableBaseline needed$32,622
84Pacific School of ReligionMaster's DegreeBerkeley, CA$49,474Not availableBaseline neededNot available
85Starr King School for the MinistryMaster's DegreeOakland, CA$49,050Not availableBaseline neededNot available
86Ashland UniversityMaster's DegreeAshland, OH$47,883Not availableBaseline needed$21,988
87Louisville Presbyterian Theological SeminaryMaster's DegreeLouisville, KY$47,542Not availableBaseline neededNot available
88Chicago Theological SeminaryMaster's DegreeChicago, IL$47,364Not availableBaseline neededNot available
89Interdenominational Theological CenterMaster's DegreeAtlanta, GA$47,138Not availableBaseline neededNot available
90Mount St. Mary's UniversityMaster's DegreeEmmitsburg, MD$46,316Not availableBaseline needed$22,655
91Pentecostal Theological SeminaryMaster's DegreeCleveland, TN$43,960Not availableBaseline neededNot available
92Milligan UniversityMaster's DegreeMilligan, TN$43,743Not availableBaseline needed$21,365
93Trevecca Nazarene UniversityMaster's DegreeNashville, TN$40,491Not availableBaseline needed$16,813
94Azusa Pacific UniversityMaster's DegreeAzusa, CA$36,869Not availableBaseline needed$22,212
95Clarks Summit UniversityMaster's Degree, $83,645Not availableBaseline neededNot available
96Alliance UniversityMaster's Degree, $71,504Not availableBaseline neededNot available
97Trinity International University-FloridaMaster's Degree, $66,978Not availableBaseline neededNot available
98Bethel Seminary-San DiegoMaster's Degree, $54,390Not availableBaseline neededNot available
99Multnomah UniversityMaster's Degree, $53,179Not availableBaseline neededNot available
100New York Theological SeminaryMaster's Degree, $44,935Not availableBaseline neededNot available

This page keeps the field and credential level fixed. Federal categories can still combine multiple catalog programs or concentrations. Automated ROI is limited to associate and bachelor’s degrees because institution-wide annual net price is not a reliable proxy for short certificate prices. ROI is an illustrative scenario, not a federal determination.