2022 Best Value Bachelor’s Degree Colleges for Theological & Ministerial Studies (Income $48-$75k) in Illinois
With all of the options students have for higher education today, it can be tough to choose which direction to take. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Theology Schools for a Bachelor’s in Illinois For Those Making $48-$75k” ranking.
Theological & Ministerial Studies is the 55th most popular major in the country with 15,051 degrees awarded in 2019-2020. 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.
For this year’s “Best Value Theology Schools for a Bachelor’s in Illinois For Those Making $48-$75k” ranking, we looked at 4 colleges that offer a degree in theological and ministerial studies. This ranking identifies schools with high-quality theological and ministerial studies programs that also have a lower cost than schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the theological and ministerial studies program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.
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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 $48-$75k” 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. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.
Best Value Theology Schools for a Bachelor’s in Illinois For Those Making $48-$75k
The following schools top our list of the Best Best Value Theology Schools for a Bachelor’s in Illinois For Those Making $48-$75k.
Top 4 Best Value Bachelor’s Degree Colleges for Theological & Ministerial Studies (Income $48-$75k) 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 $48-$75k. UChicago is a fairly large private not-for-profit school situated in Chicago, Illinois. It awarded 4 bachelors’s theology degrees in 2019-2020.
As a testament to the quality of education offered at UChicago, the school also landed the #1 spot in our “Best Theological & Ministerial Studies Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend UChicago is $7,934 for illinois bachelor’s degree theology students whose families make $48-$75k.
With a student-to-faculty ratio of 5 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. 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 student loan default rate at the school is 0.6%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Theological & Ministerial Studies at University of Chicago
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 $48-$75k list. Moody Bible Institute is located in Chicago, Illinois and, has a small student population. In 2019-2020, this school awarded 137 bachelors’s theology degrees to qualified students.
Moody Theological Seminary and Graduate School also made our “Best Theological & Ministerial Studies Bachelor’s Degree Schools in Illinois” list, coming in at #2. The yearly cost to attend Moody Bible Institute is $16,501 for illinois bachelor’s degree theology students whose families make $48-$75k.
Read full report on Theological & Ministerial Studies at Moody Bible Institute
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 $48-$75k. Bourbonnais, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s theology degrees to 8 students in 2019-2020.
Olivet Nazarene also took the #4 spot in our “Best Theological & Ministerial Studies Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Olivet Nazarene is $17,841 for Illinois Bachelor’s Degree Theology students whose families make $48-$75k.
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
You’ll join some of the best and brightest minds around if you attend Loyola University Chicago. The school came in at #4 for the Best Value Theology Schools for a Bachelor’s in Illinois For Those Making $48-$75k. Loyola University Chicago is a fairly large school located in Chicago, Illinois that handed out 3 bachelors’s theology degrees in 2019-2020.
As a testament to the quality of education offered at Loyola Chicago, the school also landed the #3 spot in our “Best Theological & Ministerial Studies Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Loyola University Chicago is $32,259 for Illinois Bachelor’s Degree Theology students whose families make $48-$75k.
The low student loan default rate of 3.4% 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%. The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year.
Read full report on Theological & Ministerial Studies at Loyola University 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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