2022 Best Value Master’s Degree Colleges for Theological & Ministerial Studies (Income $48-$75k) in the Great Lakes Region
With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k” ranking is part of that endeavor.
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 the Great Lakes region, there were 2,268 theological and ministerial studies graduates with average earnings and debt of $41,132 and $45,038 respectively. At the master’s degree level specifically, there were 1,392 theological and ministerial studies graduates with average earnings and debt of $57,039 and $42,488 respectively.
This year’s “Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k” ranking looked at 17 colleges that offer degrees in a bachelor’s 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. Check out our ranking methodology for more information.
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When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k” list to help you make the college decision.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. 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 in the Great Lakes Region For Those Making $48-$75k
The following schools top our list of the Best Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k.
Top 17 Best Value Master’s Degree Colleges for Theological & Ministerial Studies (Income $48-$75k) in the Great Lakes Region
Out of the 17 schools in the Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k that were part of this year’s ranking, University of Chicago landed the #1 spot on the list. This fairly large school is located in Chicago, Illinois, and it awarded 59 masters’s theology degrees in 2019-2020.
UChicago did well in our major quality rankings, too. It placed #2 on our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at UChicago are $61,548, but you may pay more or less depending on your major.
Read more about Theological & Ministerial Studies at University of Chicago
You’ll be in good company if you decide to attend University of Notre Dame. It ranked #2 on our 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. This fairly large school is located in Notre Dame, Indiana, and it awarded 68 masters’s theology degrees in 2019-2020.
In addition to being on our great lakes region master’s degree theology students whose families make $48-$75k list, Notre Dame has also earned the #1 rank in our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Notre Dame are $57,522, but some majors have different tuition rates.
You’ll be in good company if you decide to attend Moody Bible Institute. It ranked #3 on our 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Chicago, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s theology degrees to 60 students in 2019-2020.
Moody Theological Seminary and Graduate School also made our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” list, coming in at #5. 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.
You’ll join some of the best and brightest minds around if you attend Wheaton College Illinois. The school came in at #4 for the Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k. This small school is located in Wheaton, Illinois, and it awarded 33 masters’s theology degrees in 2019-2020.
Wheaton College Illinois also made our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” list, coming in at #7. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Wheaton College Illinois are $17,424.
Read full report on Theological & Ministerial Studies at Wheaton College Illinois
Out of the 17 schools in the Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k that were part of this year’s ranking, Olivet Nazarene University landed the #5 spot on the list. Olivet Nazarene University is a small school located in Bourbonnais, Illinois that handed out 7 masters’s theology degrees in 2019-2020.
Olivet Nazarene did well in our major quality rankings, too. It placed #0 on our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Olivet Nazarene University are $13,393, but you may pay more or less depending on your major.
Read more about Theological & Ministerial Studies at Olivet Nazarene University
Capital University did quite well in the 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #6. Located in Columbus, Ohio, this small private not-for-profit school handed out 12 diplomas to qualified masters’s theology students in 2019-2020.
Capital did well in our major quality rankings, too. It placed #13 on our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Capital are $13,000, but some majors have different tuition rates.
Read full report on Theological & Ministerial Studies at Capital University
Andrews University landed the #7 spot on the 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. Andrews University is a small private not-for-profit school situated in Berrien Springs, Michigan. It awarded 115 masters’s theology degrees in 2019-2020.
Andrews did well in our major quality rankings, too. It placed #3 on our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Andrews University are $28,910, but some majors have different tuition rates.
Full Andrews University Theological & Ministerial Studies Report
With a ranking of #8, Grace College and Theological Seminary did quite well on the 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Grace College is a small school located in Winona Lake, Indiana that handed out 12 masters’s theology degrees in 2019-2020.
In addition to being on our great lakes region master’s degree theology students whose families make $48-$75k list, Grace College has also earned the #11 rank in our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Grace College and Theological Seminary are $7,872, but you may pay more or less depending on your major.
Read full report on Theological & Ministerial Studies at Grace College
Ashland University came in at #9 in this year’s edition of the Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. Ashland University is located in Ashland, Ohio and, has a small student population. In 2019-2020, this school awarded 28 masters’s theology degrees to qualified students.
Ashland did well in our major quality rankings, too. It placed #12 on our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Ashland are $6,444, but some majors have different tuition rates.
Trinity International University - Illinois ranked #10 on this year’s Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Deerfield, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s theology degrees to 102 students in 2019-2020.
TIU Illinois also made our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” list, coming in at #14. Although you might pay more or less depending on your area of study, average graduate tuition and fees at TIU Illinois are $17,780.
With a ranking of #11, Franciscan University of Steubenville did quite well on the 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Franciscan U is located in Steubenville, Ohio and, has a small student population. In 2019-2020, this school awarded 43 masters’s theology degrees to qualified students.
As a testament to the quality of education offered at Franciscan U, the school also landed the #9 spot in our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Franciscan University of Steubenville are $12,888.
Full Franciscan University of Steubenville Theological & Ministerial Studies Report
Cornerstone University did quite well in the 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #12. Cornerstone University is located in Grand Rapids, Michigan and, has a small student population. In 2019-2020, this school awarded 23 masters’s theology degrees to qualified students.
Cornerstone not only placed well in this ranking. It is also #20 on our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Cornerstone University are $14,710.
Full Cornerstone University Theological & Ministerial Studies Report
With a ranking of #13, Indiana Wesleyan University - National & Global did quite well on the 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. IWU is a fairly large school located in Marion, Indiana that handed out 27 masters’s theology degrees in 2019-2020.
IWU did well in our major quality rankings, too. It placed #17 on our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Indiana Wesleyan University - National & Global are $11,977, but you may pay more or less depending on your major.
Anderson University Indiana landed the #14 spot on the 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. This small school is located in Anderson, Indiana, and it awarded 10 masters’s theology degrees in 2019-2020.
Anderson University Indiana also made our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” list, coming in at #19. 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
Maranatha Baptist University ranked #15 on this year’s Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Maranatha Baptist University is a small school located in Watertown, Wisconsin that handed out 2 masters’s theology degrees in 2019-2020.
MBU also made our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” list, coming in at #0. Average graduate tuition and fees at Maranatha Baptist University are $7,010, but some majors have different tuition rates.
Full Maranatha Baptist University Theological & Ministerial Studies Report
With a ranking of #16, Loyola University Chicago did quite well on the 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. This fairly large school is located in Chicago, Illinois, and it awarded 10 masters’s theology degrees in 2019-2020.
As a testament to the quality of education offered at Loyola Chicago, the school also landed the #6 spot in our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Loyola Chicago are $19,154.
Read more about Theological & Ministerial Studies at Loyola University Chicago
Pontifical College Josephinum landed the #17 spot on the 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. Pontifical College Josephinum is a private not-for-profit institution located in Columbus, Ohio. The school has a small population, and it awarded 11 masters’s degrees in 2019-2020.
Pontifical College Josephinum also took the #10 spot in our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Pontifical College Josephinum are $27,797.
Read more about Theological & Ministerial Studies at Pontifical College Josephinum
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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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