Theological and Ministerial Studies: is this master's degree worth it?
National picture across 100 reporting college programs.
$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.
Observed national outcomes
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.
Undergraduate Certificate or Diploma
- Year-4 earnings
- $29,038
- Federal debt
- $18,054
- Reporting programs
- 2
Associate's Degree
- Year-4 earnings
- $45,166
- Federal debt
- $18,938
- Reporting programs
- 3
Bachelor's Degree
- Year-4 earnings
- $47,518
- Federal debt
- $25,838
- Reporting programs
- 38
Master's Degree
- Year-4 earnings
- $60,457
- Federal debt
- Not available
- Reporting programs
- 100
Doctoral Degree
- Year-4 earnings
- $73,457
- Federal debt
- Not available
- Reporting programs
- 14
First Professional Degree
- Year-4 earnings
- $63,549
- Federal debt
- Not available
- Reporting programs
- 11
Graduate/Professional Certificate
- Year-4 earnings
- $55,739
- Federal debt
- Not available
- Reporting programs
- 1
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.
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$74,925Observed year-4 earnings · top displayed records are not a universal ranking
Related occupations
Official CIP–SOC links add career context without claiming that every graduate enters the same job.
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.
| # | College | Location | Earnings, year 4 | Federal debt | ROI status | Cost context |
|---|---|---|---|---|---|---|
| 1 | Hebrew Union College-Jewish Institute of ReligionMaster's Degree | New York, NY | $117,823 | Not available | Baseline needed | Not available |
| 2 | The King's UniversityMaster's Degree | Southlake, TX | $100,714 | Not available | Baseline needed | $14,140 |
| 3 | Concordia SeminaryMaster's Degree | Saint Louis, MO | $97,155 | Not available | Baseline needed | Not available |
| 4 | Lenoir-Rhyne UniversityMaster's Degree | Hickory, NC | $95,302 | Not available | Baseline needed | $20,689 |
| 5 | Church Divinity School of the PacificMaster's Degree | Berkeley, CA | $94,644 | Not available | Baseline needed | Not available |
| 6 | Luther SeminaryMaster's Degree | Saint Paul, MN | $81,169 | Not available | Baseline needed | Not available |
| 7 | The Master's University and SeminaryMaster's Degree | Santa Clarita, CA | $81,084 | Not available | Baseline needed | $32,647 |
| 8 | Concordia Theological SeminaryMaster's Degree | Fort Wayne, IN | $80,818 | Not available | Baseline needed | Not available |
| 9 | United Lutheran SeminaryMaster's Degree | Gettysburg, PA | $75,543 | Not available | Baseline needed | Not available |
| 10 | Nazarene Theological SeminaryMaster's Degree | Kansas City, MO | $74,925 | Not available | Baseline needed | Not available |
| 11 | Faith International UniversityMaster's Degree | Tacoma, WA | $73,387 | Not available | Baseline needed | $22,662 |
| 12 | Gordon-Conwell Theological SeminaryMaster's Degree | South Hamilton, MA | $73,273 | Not available | Baseline needed | Not available |
| 13 | Southeastern Baptist Theological SeminaryMaster's Degree | Wake Forest, NC | $71,527 | Not available | Baseline needed | $13,090 |
| 14 | Union Theological Seminary in the City of New YorkMaster's Degree | New York, NY | $71,072 | Not available | Baseline needed | Not available |
| 15 | Yale UniversityMaster's Degree | New Haven, CT | $70,736 | Not available | Baseline needed | $23,777 |
| 16 | Northeastern SeminaryMaster's Degree | Rochester, NY | $70,305 | Not available | Baseline needed | Not available |
| 17 | Indiana Wesleyan University-MarionMaster's Degree | Marion, IN | $69,914 | Not available | Baseline needed | $22,866 |
| 18 | Indiana Wesleyan University-National & GlobalMaster's Degree | Marion, IN | $69,914 | Not available | Baseline needed | $16,898 |
| 19 | Moody Bible InstituteMaster's Degree | Chicago, IL | $69,835 | Not available | Baseline needed | $22,221 |
| 20 | Sacred Heart Major SeminaryMaster's Degree | Detroit, MI | $69,654 | Not available | Baseline needed | $11,916 |
| 21 | Dallas Theological SeminaryMaster's Degree | Dallas, TX | $69,603 | Not available | Baseline needed | Not available |
| 22 | Midwestern Baptist Theological SeminaryMaster's Degree | Kansas City, MO | $68,891 | Not available | Baseline needed | $23,006 |
| 23 | The Catholic University of AmericaMaster's Degree | Washington, DC | $68,008 | Not available | Baseline needed | $29,561 |
| 24 | The Southern Baptist Theological SeminaryMaster's Degree | Louisville, KY | $67,008 | Not available | Baseline needed | Not available |
| 25 | Trinity International University-IllinoisMaster's Degree | Deerfield, IL | $66,978 | Not available | Baseline needed | $2,835 |
| 26 | Fuller Theological SeminaryMaster's Degree | Pasadena, CA | $66,602 | Not available | Baseline needed | Not available |
| 27 | Methodist Theological School in OhioMaster's Degree | Delaware, OH | $66,137 | Not available | Baseline needed | Not available |
| 28 | Wheaton CollegeMaster's Degree | Wheaton, IL | $66,104 | Not available | Baseline needed | $26,975 |
| 29 | University of DubuqueMaster's Degree | Dubuque, IA | $66,039 | Not available | Baseline needed | $23,386 |
| 30 | Meadville Theological School of Lombard CollegeMaster's Degree | Chicago, IL | $65,954 | Not available | Baseline needed | Not available |
| 31 | Hardin-Simmons UniversityMaster's Degree | Abilene, TX | $65,147 | Not available | Baseline needed | $19,555 |
| 32 | Boston CollegeMaster's Degree | Chestnut Hill, MA | $64,786 | Not available | Baseline needed | $41,704 |
| 33 | Luther Rice College & SeminaryMaster's Degree | Lithonia, GA | $64,377 | Not available | Baseline needed | $27,883 |
| 34 | Lipscomb UniversityMaster's Degree | Nashville, TN | $64,190 | Not available | Baseline needed | $24,739 |
| 35 | Princeton Theological SeminaryMaster's Degree | Princeton, NJ | $63,783 | Not available | Baseline needed | Not available |
| 36 | Emory UniversityMaster's Degree | Atlanta, GA | $63,450 | Not available | Baseline needed | $22,585 |
| 37 | Austin Presbyterian Theological SeminaryMaster's Degree | Austin, TX | $62,778 | Not available | Baseline needed | Not available |
| 38 | Wake Forest UniversityMaster's Degree | Winston-Salem, NC | $62,158 | Not available | Baseline needed | $28,719 |
| 39 | George Fox UniversityMaster's Degree | Newberg, OR | $62,123 | Not available | Baseline needed | $31,679 |
| 40 | Biola UniversityMaster's Degree | La Mirada, CA | $62,024 | Not available | Baseline needed | $31,495 |
| 41 | Denver SeminaryMaster's Degree | Littleton, CO | $61,916 | Not available | Baseline needed | Not available |
| 42 | Cornerstone UniversityMaster's Degree | Grand Rapids, MI | $61,838 | Not available | Baseline needed | $20,301 |
| 43 | Harvard UniversityMaster's Degree | Cambridge, MA | $61,789 | Not available | Baseline needed | $19,066 |
| 44 | Western SeminaryMaster's Degree | Portland, OR | $61,070 | Not available | Baseline needed | Not available |
| 45 | Regent UniversityMaster's Degree | Virginia Beach, VA | $60,973 | Not available | Baseline needed | $19,923 |
| 46 | Payne Theological SeminaryMaster's Degree | Wilberforce, OH | $60,748 | Not available | Baseline needed | Not available |
| 47 | Saint Joseph's College of MaineMaster's Degree | Standish, ME | $60,474 | Not available | Baseline needed | $27,555 |
| 48 | Wartburg Theological SeminaryMaster's Degree | Dubuque, IA | $60,439 | Not available | Baseline needed | Not available |
| 49 | University of Northwestern-St PaulMaster's Degree | Saint Paul, MN | $60,095 | Not available | Baseline needed | $27,705 |
| 50 | The Seattle School of Theology & PsychologyMaster's Degree | Seattle, WA | $59,845 | Not available | Baseline needed | Not available |
| 51 | Eden Theological SeminaryMaster's Degree | Webster Groves, MO | $59,788 | Not available | Baseline needed | Not available |
| 52 | Asbury Theological SeminaryMaster's Degree | Wilmore, KY | $59,725 | Not available | Baseline needed | Not available |
| 53 | Texas Christian UniversityMaster's Degree | Fort Worth, TX | $59,368 | Not available | Baseline needed | $36,660 |
| 54 | Brite Divinity SchoolMaster's Degree | Fort Worth, TX | $59,368 | Not available | Baseline needed | Not available |
| 55 | Houston Christian UniversityMaster's Degree | Houston, TX | $59,295 | Not available | Baseline needed | $20,629 |
| 56 | Eastern UniversityMaster's Degree | Saint Davids, PA | $59,040 | Not available | Baseline needed | $26,662 |
| 57 | Hood Theological SeminaryMaster's Degree | Salisbury, NC | $59,012 | Not available | Baseline needed | Not available |
| 58 | Mercer UniversityMaster's Degree | Macon, GA | $58,680 | Not available | Baseline needed | $23,847 |
| 59 | University of Notre DameMaster's Degree | Notre Dame, IN | $58,621 | Not available | Baseline needed | $26,780 |
| 60 | Duke UniversityMaster's Degree | Durham, NC | $58,405 | Not available | Baseline needed | $29,612 |
| 61 | Baylor UniversityMaster's Degree | Waco, TX | $58,391 | Not available | Baseline needed | $41,104 |
| 62 | Vanderbilt UniversityMaster's Degree | Nashville, TN | $58,149 | Not available | Baseline needed | $15,846 |
| 63 | Garrett-Evangelical Theological SeminaryMaster's Degree | Evanston, IL | $57,987 | Not available | Baseline needed | Not available |
| 64 | Covenant Theological SeminaryMaster's Degree | Saint Louis, MO | $57,772 | Not available | Baseline needed | Not available |
| 65 | Liberty UniversityMaster's Degree | Lynchburg, VA | $56,700 | Not available | Baseline needed | $29,357 |
| 66 | Seattle Pacific UniversityMaster's Degree | Seattle, WA | $55,836 | Not available | Baseline needed | $24,488 |
| 67 | Southern Methodist UniversityMaster's Degree | Dallas, TX | $55,347 | Not available | Baseline needed | $40,892 |
| 68 | Westminster Theological SeminaryMaster's Degree | Glenside, PA | $55,338 | Not available | Baseline needed | Not available |
| 69 | Campbell UniversityMaster's Degree | Buies Creek, NC | $55,216 | Not available | Baseline needed | $24,516 |
| 70 | Franciscan University of SteubenvilleMaster's Degree | Steubenville, OH | $55,071 | Not available | Baseline needed | $23,589 |
| 71 | United Theological Seminary of the Twin CitiesMaster's Degree | St. Paul, MN | $55,037 | Not available | Baseline needed | Not available |
| 72 | Hellenic College-Holy Cross Greek Orthodox School of TheologyMaster's Degree | Brookline, MA | $54,403 | Not available | Baseline needed | $25,203 |
| 73 | Bethel UniversityMaster's Degree | Saint Paul, MN | $54,390 | Not available | Baseline needed | $28,556 |
| 74 | University of ChicagoMaster's Degree | Chicago, IL | $53,796 | Not available | Baseline needed | $14,860 |
| 75 | Columbia Theological SeminaryMaster's Degree | Decatur, GA | $53,161 | Not available | Baseline needed | Not available |
| 76 | Nelson UniversityMaster's Degree | Waxahachie, TX | $53,150 | Not available | Baseline needed | $21,662 |
| 77 | Lee UniversityMaster's Degree | Cleveland, TN | $52,697 | Not available | Baseline needed | $18,878 |
| 78 | Ohio Christian UniversityMaster's Degree | Circleville, OH | $52,631 | Not available | Baseline needed | $20,607 |
| 79 | Christian Theological SeminaryMaster's Degree | Indianapolis, IN | $51,859 | Not available | Baseline needed | Not available |
| 80 | Carolina UniversityMaster's Degree | Winston-Salem, NC | $51,238 | Not available | Baseline needed | $20,828 |
| 81 | Saint Leo UniversityMaster's Degree | Saint Leo, FL | $51,193 | Not available | Baseline needed | $21,293 |
| 82 | Hope International UniversityMaster's Degree | Fullerton, CA | $50,745 | Not available | Baseline needed | $29,310 |
| 83 | Samford UniversityMaster's Degree | Birmingham, AL | $50,016 | Not available | Baseline needed | $32,622 |
| 84 | Pacific School of ReligionMaster's Degree | Berkeley, CA | $49,474 | Not available | Baseline needed | Not available |
| 85 | Starr King School for the MinistryMaster's Degree | Oakland, CA | $49,050 | Not available | Baseline needed | Not available |
| 86 | Ashland UniversityMaster's Degree | Ashland, OH | $47,883 | Not available | Baseline needed | $21,988 |
| 87 | Louisville Presbyterian Theological SeminaryMaster's Degree | Louisville, KY | $47,542 | Not available | Baseline needed | Not available |
| 88 | Chicago Theological SeminaryMaster's Degree | Chicago, IL | $47,364 | Not available | Baseline needed | Not available |
| 89 | Interdenominational Theological CenterMaster's Degree | Atlanta, GA | $47,138 | Not available | Baseline needed | Not available |
| 90 | Mount St. Mary's UniversityMaster's Degree | Emmitsburg, MD | $46,316 | Not available | Baseline needed | $22,655 |
| 91 | Pentecostal Theological SeminaryMaster's Degree | Cleveland, TN | $43,960 | Not available | Baseline needed | Not available |
| 92 | Milligan UniversityMaster's Degree | Milligan, TN | $43,743 | Not available | Baseline needed | $21,365 |
| 93 | Trevecca Nazarene UniversityMaster's Degree | Nashville, TN | $40,491 | Not available | Baseline needed | $16,813 |
| 94 | Azusa Pacific UniversityMaster's Degree | Azusa, CA | $36,869 | Not available | Baseline needed | $22,212 |
| 95 | Clarks Summit UniversityMaster's Degree | , | $83,645 | Not available | Baseline needed | Not available |
| 96 | Alliance UniversityMaster's Degree | , | $71,504 | Not available | Baseline needed | Not available |
| 97 | Trinity International University-FloridaMaster's Degree | , | $66,978 | Not available | Baseline needed | Not available |
| 98 | Bethel Seminary-San DiegoMaster's Degree | , | $54,390 | Not available | Baseline needed | Not available |
| 99 | Multnomah UniversityMaster's Degree | , | $53,179 | Not available | Baseline needed | Not available |
| 100 | New York Theological SeminaryMaster's Degree | , | $44,935 | Not available | Baseline needed | Not 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.