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2022 Best Value Theology Schools for a Bachelor’s in Illinois For Those Making $30-$48k

4 Ranked Colleges
196 Degrees Awarded
$16,100 Avg Net Price*
Best Value Theology Schools for a Bachelor's in Illinois For Those Making $30-$48k

Students have lots of options to chooose from today when trying to decide which college to attend. College Factual has developed its “Best Value Theology Schools for a Bachelor’s in Illinois For Those Making $30-$48k” ranking as one item you can use to help make this 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 $30-$48k” 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. Check out our ranking methodology for more information.

One Size Does Not Fit All

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 $30-$48k” ranking, along with many other major-related rankings, to help you make that decision.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Theology Schools for a Bachelor’s in Illinois For Those Making $30-$48k

The following schools top our list of the Best Best Value Theology Schools for a Bachelor’s in Illinois For Those Making $30-$48k.

Top 4 Best Value Bachelor’s Degree Colleges for Theological & Ministerial Studies (Income $30-$48k) in Illinois

#1

University of Chicago

Chicago, Illinois
#1 in overall quality

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 $30-$48k. UChicago is a fairly large private not-for-profit school situated in Chicago, Illinois. It awarded 4 bachelors’s theology degrees in 2019-2020.

UChicago also took the #1 spot in our “Best Theological & Ministerial Studies Bachelor’s Degree Schools in Illinois” ranking. It costs about $2,800 for Illinois Bachelor’s Degree Theology students whose families make $30-$48k per year to attend University of Chicago.

Since the school has a student-to-faculty ratio of 5 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an excellent freshman retention rate of 100%, which means students like the school well enough to return for a second year. The low student loan default rate of 0.6% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Full UChicago Theological & Ministerial Studies Report

#2

Moody Bible Institute

Chicago, Illinois

You’ll be in good company if you decide to attend Moody Bible Institute. It ranked #2 on our 2022 Best Value Theology Schools for a Bachelor’s in Illinois For Those Making $30-$48k list. Moody Theological Seminary and Graduate School is a private not-for-profit institution located in Chicago, Illinois. The school has a small population, and it awarded 137 bachelors’s degrees in 2019-2020.

In addition to being on our illinois bachelor’s degree theology students whose families make $30-$48k 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 $16,582 for Illinois Bachelor’s Degree Theology students whose families make $30-$48k per year to attend Moody Bible Institute.

Read more about Theological & Ministerial Studies at Moody Bible Institute

#3

Olivet Nazarene University

Bourbonnais, Illinois
#4 in overall quality

You’ll join some of the best and brightest minds around if you attend Olivet Nazarene University. The school came in at #3 for the Best Value Theology Schools for a Bachelor’s in Illinois For Those Making $30-$48k. This small school is located in Bourbonnais, Illinois, and it awarded 8 bachelors’s theology degrees in 2019-2020.

Olivet Nazarene also made our “Best Theological & Ministerial Studies Bachelor’s Degree Schools in Illinois” list, coming in at #4. It costs about $15,390 for illinois bachelor’s degree theology students whose families make $30-$48k per year to attend Olivet Nazarene.

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%.

Read more about Theological & Ministerial Studies at Olivet Nazarene University

#4

Loyola University Chicago

Chicago, Illinois
#3 in overall quality

You’ll be in good company if you decide to attend Loyola University Chicago. It ranked #4 on our 2022 Best Value Theology Schools for a Bachelor’s in Illinois For Those Making $30-$48k list. Loyola Chicago is a fairly large school located in Chicago, Illinois that handed out 3 bachelors’s theology degrees in 2019-2020.

Loyola Chicago also took the #3 spot in our “Best Theological & Ministerial Studies Bachelor’s Degree Schools in Illinois” ranking. It costs about $29,788 for illinois bachelor’s degree theology students whose families make $30-$48k per year to attend Loyola University Chicago.

With a freshman retention rate of 85%, the school does an excellent job of retaining its students. 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 Loyola Chicago Theological & Ministerial Studies Report

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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.

Credits

  • Credit for the banner image above goes to Jonund.

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