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2022 Best Value Theology Schools for a Master’s For Those Making $48-$75k

105 Ranked Colleges
10,027 Degrees Awarded
$27,600 Avg Grad Tuition & Fees*
Best Value Theology Schools for a Master's For Those Making $48-$75k

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 For Those Making $48-$75k” 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.

At the master’s degree level specifically, there were 10,027 theological and ministerial studies graduates with average earnings and debt of $56,398 and $43,194 respectively.

This year’s “Best Value Theology Schools for a Master’s For Those Making $48-$75k” ranking analyzed 105 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.

More Ways to Rank Theological & Ministerial Studies Schools

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 Master’s For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that decision.

We’ve created a tool called College Combat that lets you create your own customized comparisons 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 Master’s For Those Making $48-$75k

The following schools top our list of the Best Best Value Theology Schools for a Master’s For Those Making $48-$75k.

Top 25 Best Value Master’s Degree Colleges for Theological & Ministerial Studies (Income $48-$75k)

#1

Yale University

New Haven, Connecticut

Out of the 105 schools in the Best Value Theology Schools for a Master’s For Those Making $48-$75k that were part of this year’s ranking, Yale University landed the #1 spot on the list. This fairly large school is located in New Haven, Connecticut, and it awarded 114 masters’s theology degrees in 2019-2020.

In addition to being on our master’s degree theology students whose families make $48-$75k list, Yale has also earned the #3 rank in our “Best Theological & Ministerial Studies Master’s Degree Schools” ranking. Average graduate tuition and fees at Yale University are $44,500, but you may pay more or less depending on your major.

Read more about Theological & Ministerial Studies at Yale University

#2

Harvard University

Cambridge, Massachusetts

You’ll be in good company if you decide to attend Harvard University. It ranked #2 on our 2022 Best Value Theology Schools for a Master’s For Those Making $48-$75k list. Located in Cambridge, Massachusetts, this large private not-for-profit school awarded 115 diplomas to qualified masters’s theology students in 2019-2020.

In addition to being on our master’s degree theology students whose families make $48-$75k list, Harvard has also earned the #5 rank in our “Best Theological & Ministerial Studies Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Harvard are $50,654.

Read more about Theological & Ministerial Studies at Harvard

#3

Duke University

Durham, North Carolina

You’ll join some of the best and brightest minds around if you attend Duke University. The school came in at #3 for the Best Value Theology Schools for a Master’s For Those Making $48-$75k. Duke University is a fairly large school located in Durham, North Carolina that handed out 140 masters’s theology degrees in 2019-2020.

Duke also took the #1 spot in our “Best Theological & Ministerial Studies Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Duke University are $59,140.

Full Duke University Theological & Ministerial Studies Report

#4

University of Chicago

Chicago, Illinois

You’ll join some of the best and brightest minds around if you attend University of Chicago. The school came in at #4 for the Best Value Theology Schools for a Master’s For Those Making $48-$75k. Chicago, Illinois is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s theology degrees to 59 students in 2019-2020.

UChicago not only placed well in this ranking. It is also #4 on our “Best Theological & Ministerial Studies Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Chicago are $61,548.

Read full report on Theological & Ministerial Studies at UChicago

#5

Vanderbilt University

Nashville, Tennessee

You’ll be in good company if you decide to attend Vanderbilt University. It ranked #5 on our 2022 Best Value Theology Schools for a Master’s For Those Making $48-$75k list. Vanderbilt University is a fairly large school located in Nashville, Tennessee that handed out 65 masters’s theology degrees in 2019-2020.

Vanderbilt also made our “Best Theological & Ministerial Studies Master’s Degree Schools” list, coming in at #15. Average graduate tuition and fees at Vanderbilt are $50,624, but you may pay more or less depending on your major.

Read full report on Theological & Ministerial Studies at Vanderbilt

#6

University of Notre Dame

Notre Dame, Indiana

University of Notre Dame did quite well in the 2022 Best Value Theology Schools for a Master’s For Those Making $48-$75k ranking, coming in at #6. University of Notre Dame is a fairly large school located in Notre Dame, Indiana that handed out 68 masters’s theology degrees in 2019-2020.

Notre Dame also made our “Best Theological & Ministerial Studies Master’s Degree Schools” list, coming in at #2. 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 full report on Theological & Ministerial Studies at University of Notre Dame

#7

Wake Forest University

Winston-Salem, North Carolina

Wake Forest University landed the #7 spot on the 2022 Best Value Theology Schools for a Master’s For Those Making $48-$75k ranking. This medium-sized school is located in Winston-Salem, North Carolina, and it awarded 34 masters’s theology degrees in 2019-2020.

Average graduate tuition and fees at Wake Forest University are $39,216, but you may pay more or less depending on your major.

Read more about Theological & Ministerial Studies at Wake Forest University

#8

Emory University

Atlanta, Georgia

With a ranking of #8, Emory University did quite well on the 2022 Best Value Theology Schools for a Master’s For Those Making $48-$75k list. Atlanta, Georgia is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s theology degrees to 97 students in 2019-2020.

As a testament to the quality of education offered at Emory, the school also landed the #8 spot in our “Best Theological & Ministerial Studies Master’s Degree Schools” ranking. Average graduate tuition and fees at Emory are $44,676, but you may pay more or less depending on your major.

Read more about Theological & Ministerial Studies at Emory

#9

Boston College

Chestnut Hill, Massachusetts

Boston College did quite well in the 2022 Best Value Theology Schools for a Master’s For Those Making $48-$75k ranking, coming in at #9. Located in Chestnut Hill, Massachusetts, this fairly large private not-for-profit school awarded 77 degrees to qualified masters’s theology students in 2019-2020.

As a testament to the quality of education offered at Boston College, the school also landed the #10 spot in our “Best Theological & Ministerial Studies Master’s Degree Schools” ranking. Average graduate tuition and fees at Boston College are $31,930, but some majors have different tuition rates.

Full Boston College Theological & Ministerial Studies Report

#10

Trevecca Nazarene University

Nashville, Tennessee

Trevecca Nazarene University came in at #10 in this year’s edition of the Best Value Theology Schools for a Master’s For Those Making $48-$75k ranking. Trevecca Nazarene University is located in Nashville, Tennessee and, has a small student population. In 2019-2020, this school awarded 15 masters’s theology degrees to qualified students.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at TNU are $9,282.

Read more about Theological & Ministerial Studies at TNU

#11

Harding University

Searcy, Arkansas
Top 20% in overall quality

Harding University ranked #11 on this year’s Best Value Theology Schools for a Master’s For Those Making $48-$75k list. Harding is a small school located in Searcy, Arkansas that handed out 15 masters’s theology degrees in 2019-2020.

In addition to being on this list, Harding is in the top on our “Best Theological & Ministerial Studies Master’s Degree Schools” list. It’s in the top 20% of all schools reviewed in that analysis. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Harding are $11,928.

Full Harding Theological & Ministerial Studies Report

#12

Freed-Hardeman University

Henderson, Tennessee

Freed-Hardeman University did quite well in the 2022 Best Value Theology Schools for a Master’s For Those Making $48-$75k ranking, coming in at #12. Freed-Hardeman University is a private not-for-profit institution located in Henderson, Tennessee. The school has a small population, and it awarded 10 masters’s degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at FHU are $10,980.

Full FHU Theological & Ministerial Studies Report

#13

Boston University

Boston, Massachusetts

Boston University came in at #13 in this year’s edition of the Best Value Theology Schools for a Master’s For Those Making $48-$75k ranking. Boston, Massachusetts is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s theology degrees to 58 students in 2019-2020.

In addition to being on our master’s degree theology students whose families make $48-$75k list, Boston U has also earned the #17 rank in our “Best Theological & Ministerial Studies Master’s Degree Schools” ranking. Average graduate tuition and fees at Boston University are $57,666, but some majors have different tuition rates.

Read more about Theological & Ministerial Studies at Boston U

With a ranking of #14, Midwestern Baptist Theological Seminary did quite well on the 2022 Best Value Theology Schools for a Master’s For Those Making $48-$75k list. MBTS is a small private not-for-profit school situated in Kansas City, Missouri. It awarded 192 masters’s theology degrees in 2019-2020.

MBTS also made our “Best Theological & Ministerial Studies Master’s Degree Schools” list, coming in at #13. Average graduate tuition and fees at MBTS are $6,950, but you may pay more or less depending on your major.

Full MBTS Theological & Ministerial Studies Report

#15

Moody Bible Institute

Chicago, Illinois

Moody Bible Institute landed the #15 spot on the 2022 Best Value Theology Schools for a Master’s For Those Making $48-$75k ranking. Moody Bible Institute is a small private not-for-profit school situated in Chicago, Illinois. It awarded 60 masters’s theology degrees in 2019-2020.

As a testament to the quality of education offered at Moody Theological Seminary and Graduate School, the school also landed the #19 spot in our “Best Theological & Ministerial Studies Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Moody Theological Seminary and Graduate School are $8,930.

Read full report on Theological & Ministerial Studies at Moody Bible Institute

#16

Saint Johns University

Collegeville, Minnesota

Saint Johns University ranked #16 on this year’s Best Value Theology Schools for a Master’s For Those Making $48-$75k list. Saint Johns University is a small school located in Collegeville, Minnesota that handed out 14 masters’s theology degrees in 2019-2020.

Average graduate tuition and fees at SJU are $17,760, but you may pay more or less depending on your major.

Read more about Theological & Ministerial Studies at SJU

#17

University of St. Thomas

Houston, Texas

University of St. Thomas ranked #17 on this year’s Best Value Theology Schools for a Master’s For Those Making $48-$75k list. University of St. Thomas is a private not-for-profit institution located in Houston, Texas. The school has a small population, and it awarded 38 masters’s degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at UST are $21,634.

Read full report on Theological & Ministerial Studies at UST

#18

Wheaton College Illinois

Wheaton, Illinois

Wheaton College Illinois came in at #18 in this year’s edition of the Best Value Theology Schools for a Master’s For Those Making $48-$75k ranking. Located in Wheaton, Illinois, this small private not-for-profit school handed out 33 degrees to qualified masters’s theology students in 2019-2020.

Average graduate tuition and fees at Wheaton College Illinois are $17,424, but you may pay more or less depending on your major.

Read full report on Theological & Ministerial Studies at Wheaton College Illinois

#19

Bethel University Minnesota

Saint Paul, Minnesota

Bethel University Minnesota landed the #19 spot on the 2022 Best Value Theology Schools for a Master’s For Those Making $48-$75k ranking. Bethel University Minnesota is a small private not-for-profit school situated in Saint Paul, Minnesota. It awarded 47 masters’s theology degrees in 2019-2020.

Bethel University Minnesota not only placed well in this ranking. It is also #7 on our “Best Theological & Ministerial Studies Master’s Degree Schools” list. Average graduate tuition and fees at Bethel University Minnesota are $11,700, but some majors have different tuition rates.

Full Bethel University Minnesota Theological & Ministerial Studies Report

#20

Clarks Summit University

South Abington Township, Pennsylvania

Clarks Summit University came in at #20 in this year’s edition of the Best Value Theology Schools for a Master’s For Those Making $48-$75k ranking. CSU is located in South Abington Township, Pennsylvania and, has a small student population. In 2019-2020, this school awarded 22 masters’s theology degrees to qualified students.

Average graduate tuition and fees at CSU are $8,280, but you may pay more or less depending on your major.

Read more about Theological & Ministerial Studies at Clarks Summit University

Vanguard University of Southern California did quite well in the 2022 Best Value Theology Schools for a Master’s For Those Making $48-$75k ranking, coming in at #21. Vanguard University of Southern California is a small school located in Costa Mesa, California that handed out 4 masters’s theology degrees in 2019-2020.

Vanguard also made our “Best Theological & Ministerial Studies Master’s Degree Schools” list, coming in at #0. Average graduate tuition and fees at Vanguard are $16,180, but some majors have different tuition rates.

Full Vanguard Theological & Ministerial Studies Report

#22

Appalachian Bible College

Mount Hope, West Virginia

With a ranking of #22, Appalachian Bible College did quite well on the 2022 Best Value Theology Schools for a Master’s For Those Making $48-$75k list. Appalachian Bible College is located in Mount Hope, West Virginia and, has a small student population. In 2019-2020, this school awarded 3 masters’s theology degrees to qualified students.

Appalachian Bible College did well in our major quality rankings, too. It placed #0 on our “Best Theological & Ministerial Studies Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Appalachian Bible College are $8,100.

Full Appalachian Bible College Theological & Ministerial Studies Report

#23

Olivet Nazarene University

Bourbonnais, Illinois

With a ranking of #23, Olivet Nazarene University did quite well on the 2022 Best Value Theology Schools for a Master’s For Those Making $48-$75k list. This small school is located in Bourbonnais, Illinois, and it awarded 7 masters’s theology degrees in 2019-2020.

Average graduate tuition and fees at Olivet Nazarene University are $13,393, but you may pay more or less depending on your major.

Full Olivet Nazarene University Theological & Ministerial Studies Report

#24

Columbia International University

Columbia, South Carolina

With a ranking of #24, Columbia International University did quite well on the 2022 Best Value Theology Schools for a Master’s For Those Making $48-$75k list. Columbia International University is located in Columbia, South Carolina and, has a small student population. In 2019-2020, this school awarded 39 masters’s theology degrees to qualified students.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at CIU are $10,640.

Full Columbia International University Theological & Ministerial Studies Report

#25

Capital University

Columbus, Ohio

With a ranking of #25, Capital University did quite well on the 2022 Best Value Theology Schools for a Master’s For Those Making $48-$75k list. Capital is a small private not-for-profit school situated in Columbus, Ohio. It awarded 12 masters’s theology degrees in 2019-2020.

Average graduate tuition and fees at Capital are $13,000, but you may pay more or less depending on your major.

Read more about Theological & Ministerial Studies at Capital

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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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