2022 Best Value Theology Schools for a Master’s in Indiana For Those Making $0-$30k

When pursuing a degree in today’s world, students have many different options to choose from. 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 Master’s in Indiana 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 Indiana, there were 412 theological and ministerial studies graduates with average earnings and debt of $45,783 and $49,199 respectively. At the master’s degree level specifically, there were 285 theological and ministerial studies graduates with average earnings and debt of $55,737 and $39,894 respectively.

This year’s “Best Value Theology Schools for a Master’s in Indiana For Those Making $0-$30k” ranking analyzed 4 colleges that offered a degree in theological and ministerial studies. Not only do the schools that top this list have excellent theological and ministerial studies programs, but they also cost less that schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the theological and ministerial studies program at the school and the cost of the school after aid is awarded among other things. For more information, check out our ranking methodology.

More Ways to Rank Theological & Ministerial Studies Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Theology Schools for a Master’s in Indiana For Those Making $0-$30k” list, to help you choose the best school for you.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Theology Schools for a Master’s in Indiana For Those Making $0-$30k

The following schools top our list of the Best Best Value Theology Schools for a Master’s in Indiana For Those Making $0-$30k.

Top 4 Best Value Master’s Degree Colleges for Theological & Ministerial Studies (Income $0-$30k) in Indiana

#1

University of Notre Dame

Notre Dame, Indiana

#1 in overall quality

$57,522 Avg Grad Tuition & Fees

$38,529 Average Early-Career Earnings

You’ll be in good company if you decide to attend University of Notre Dame. It ranked #1 on our 2022 Best Value Theology Schools for a Master’s in Indiana For Those Making $0-$30k list. University of Notre Dame is a private not-for-profit institution located in Notre Dame, Indiana. The school has a fairly large population, and it awarded 68 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at Notre Dame, the school also landed the #1 spot in our “Best Theological & Ministerial Studies Master’s Degree Schools in Indiana” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Notre Dame are $57,522.

Read more about Theological & Ministerial Studies at University of Notre Dame

#2

Grace College and Theological Seminary

Winona Lake, Indiana

#2 in overall quality

$7,872 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Grace College and Theological Seminary. The school came in at #2 for the Best Value Theology Schools for a Master’s in Indiana For Those Making $0-$30k. Grace College and Theological Seminary is a private not-for-profit institution located in Winona Lake, Indiana. The school has a small population, and it awarded 12 masters’s degrees in 2019-2020.

Grace College not only placed well in this ranking. It is also #2 on our “Best Theological & Ministerial Studies Master’s Degree Schools in Indiana” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Grace College are $7,872.

Read full report on Theological & Ministerial Studies at Grace College and Theological Seminary

#3

Anderson University Indiana

Anderson, Indiana

#6 in overall quality

$11,455 Avg Grad Tuition & Fees

$37,208 Average Early-Career Earnings

Out of the 4 schools in the Best Value Theology Schools for a Master’s in Indiana For Those Making $0-$30k that were part of this year’s ranking, Anderson University Indiana landed the #3 spot on the list. Anderson University Indiana is a small school located in Anderson, Indiana that handed out 10 masters’s theology degrees in 2019-2020.

Anderson University Indiana did well in our major quality rankings, too. It placed #6 on our “Best Theological & Ministerial Studies Master’s Degree Schools in Indiana” list. Average graduate tuition and fees at Anderson University Indiana are $11,455, but some majors have different tuition rates.

Full Anderson University Indiana Theological & Ministerial Studies Report

#4

Indiana Wesleyan University - National & Global

Marion, Indiana

#4 in overall quality

$11,977 Avg Grad Tuition & Fees

$39,214 Average Early-Career Earnings

Out of the 4 schools in the Best Value Theology Schools for a Master’s in Indiana For Those Making $0-$30k that were part of this year’s ranking, Indiana Wesleyan University - National & Global landed the #4 spot on the list. IWU is located in Marion, Indiana and, has a fairly large student population. In 2019-2020, this school awarded 27 masters’s theology degrees to qualified students.

IWU also made our “Best Theological & Ministerial Studies Master’s Degree Schools in Indiana” list, coming in at #4. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Indiana Wesleyan University - National & Global are $11,977.

Read full report on Theological & Ministerial Studies at Indiana Wesleyan University - National & Global

• Best Value Master’s Degree Colleges for Theological & Ministerial Studies (Income $0-$30k) in the Great Lakes Region
• Best Value Master’s Degree Colleges for Theological & Ministerial Studies (Income $0-$30k)

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.

Credits

• Credit for the banner image above goes to Jonund.

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