2022 Best Value Bachelor’s Degree Colleges for Theological & Ministerial Studies (Income $0-$30k) in Illinois
Students have lots of options to chooose from today when trying to decide which college to attend. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Theology Schools for a Bachelor’s in Illinois For Those Making $0-$30k” ranking - to help you make that decision.
In 2019-2020, 15,051 people earned their degree in theological and ministerial studies, making the major the 55th most popular in the United States. In 2017-2018, theological and ministerial studies graduates who were awarded their degree in 2015-2017, earned an average of $36,911 and had an average of $41,597 in loans still to pay off.
Across Illinois, there were 816 theological and ministerial studies graduates with average earnings and debt of $45,575 and $43,492 respectively. At the bachelor’s degree level specifically, there were 196 theological and ministerial studies graduates with average earnings and debt of $38,319 and $24,183 respectively.
This year’s “Best Value Theology Schools for a Bachelor’s in Illinois For Those Making $0-$30k” ranking analyzed 4 colleges that offered a degree in theological and ministerial studies. The schools that top this list are recognized because they have great theological and ministerial studies programs and cost less that schools of similar quality.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the theological and ministerial studies program at the school. For more information, check out our ranking methodology.
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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Theology Schools for a Bachelor’s in Illinois For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.
To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. Go ahead and give it a try, or bookmark the link so you can check it out later.
Best Value Theology Schools for a Bachelor’s in Illinois For Those Making $0-$30k
The following schools top our list of the Best Best Value Theology Schools for a Bachelor’s in Illinois For Those Making $0-$30k.
Top 4 Best Value Bachelor’s Degree Colleges for Theological & Ministerial Studies (Income $0-$30k) in Illinois
You’ll join some of the best and brightest minds around if you attend University of Chicago. The school came in at #1 for the Best Value Theology Schools for a Bachelor’s in Illinois For Those Making $0-$30k. University of Chicago is located in Chicago, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 4 bachelors’s theology degrees to qualified students.
UChicago not only placed well in this ranking. It is also #1 on our “Best Theological & Ministerial Studies Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for University of Chicago is $2,712 for Illinois Bachelor’s Degree Theology students whose families make $0-$30k.
The student-to-faculty ratio of 5 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. Students who start out at the school are likely to stick around. The freshman retention rate is 100%. The student loan default rate at the school is 0.6%, which is quite low when compared to the national default rate of 10.1%.
Full University of Chicago Theological & Ministerial Studies Report
You’ll join some of the best and brightest minds around if you attend Moody Bible Institute. The school came in at #2 for the Best Value Theology Schools for a Bachelor’s in Illinois For Those Making $0-$30k. Moody Bible Institute is a small school located in Chicago, Illinois that handed out 137 bachelors’s theology degrees in 2019-2020.
In addition to being on our illinois bachelor’s degree theology students whose families make $0-$30k list, Moody Theological Seminary and Graduate School has also earned the #2 rank in our “Best Theological & Ministerial Studies Bachelor’s Degree Schools in Illinois” ranking. It costs about $17,212 for Illinois Bachelor’s Degree Theology students whose families make $0-$30k per year to attend Moody Bible Institute.
Full Moody Bible Institute Theological & Ministerial Studies Report
Out of the 4 schools in the Best Value Theology Schools for a Bachelor’s in Illinois For Those Making $0-$30k that were part of this year’s ranking, Olivet Nazarene University landed the #3 spot on the list. Olivet Nazarene is located in Bourbonnais, Illinois and, has a small student population. In 2019-2020, this school awarded 8 bachelors’s theology degrees to qualified students.
As a testament to the quality of education offered at Olivet Nazarene, the school also landed the #4 spot in our “Best Theological & Ministerial Studies Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Olivet Nazarene is $15,806 for Illinois Bachelor’s Degree Theology students whose families make $0-$30k.
The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.
Full Olivet Nazarene Theological & Ministerial Studies Report
Out of the 4 schools in the Best Value Theology Schools for a Bachelor’s in Illinois For Those Making $0-$30k that were part of this year’s ranking, Loyola University Chicago landed the #4 spot on the list. Loyola University Chicago is a fairly large private not-for-profit school situated in Chicago, Illinois. It awarded 3 bachelors’s theology degrees in 2019-2020.
Loyola Chicago not only placed well in this ranking. It is also #3 on our “Best Theological & Ministerial Studies Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Loyola University Chicago is $29,440 for Illinois Bachelor’s Degree Theology students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 85%. The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.
Read full report on Theological & Ministerial Studies at Loyola Chicago
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Notes and References
References
- The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
- Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
- Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.
Read more about our data sources and methodologies
Footnotes
- *Average salary, average net price, and average tuition and fees are for the top schools only.
- Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.
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