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2022 Best Value Bachelor’s Degree Colleges for Theological & Ministerial Studies (Income Over $110k) in Illinois

4 Ranked Colleges
196 Degrees Awarded
$31,100 Avg Net Price*
Best Vallue Theology Schools for a Bachelor's in Illinois For Those Making Over $110k

Students have lots of options to chooose from today when trying to decide which college to attend. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Vallue Theology Schools for a Bachelor’s in Illinois For Those Making Over $110k” 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.

This year’s “Best Vallue Theology Schools for a Bachelor’s in Illinois For Those Making Over $110k” ranking analyzed 4 colleges that offered 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.

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.

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 Vallue Theology Schools for a Bachelor’s in Illinois For Those Making Over $110k” 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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

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Best Vallue Theology Schools for a Bachelor’s in Illinois For Those Making Over $110k

The colleges and universities below are the best for illinois bachelor’s degree theology students whose families make more than $110k.

Top 4 Best Value Bachelor’s Degree Colleges for Theological & Ministerial Studies (Income Over $110k) in Illinois

#1

Moody Bible Institute

Chicago, Illinois

You’ll be in good company if you decide to attend Moody Bible Institute. It ranked #1 on our 2022 Best Vallue Theology Schools for a Bachelor’s in Illinois For Those Making Over $110k list. Moody Bible Institute is a small private not-for-profit school situated in Chicago, Illinois. It awarded 137 bachelors’s theology degrees in 2019-2020.

Moody Theological Seminary and Graduate School also took the #2 spot in our “Best Theological & Ministerial Studies Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Moody Theological Seminary and Graduate School is $16,646 for Illinois Bachelor’s Degree Theology students whose families make more than $110k.

Full Moody Theological Seminary and Graduate School Theological & Ministerial Studies Report

#2

Olivet Nazarene University

Bourbonnais, Illinois
#4 in overall quality

Out of the 4 schools in the Best Vallue Theology Schools for a Bachelor’s in Illinois For Those Making Over $110k that were part of this year’s ranking, Olivet Nazarene University landed the #2 spot on the list. 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.

As a testament to the quality of education offered at Olivet Nazarene, the school also landed the #4 spot in our “Best Theological & Ministerial Studies Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Olivet Nazarene University is $20,195 for illinois bachelor’s degree theology students whose families make more than $110k.

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

#3

University of Chicago

Chicago, Illinois
#1 in overall quality

Out of the 4 schools in the Best Vallue Theology Schools for a Bachelor’s in Illinois For Those Making Over $110k that were part of this year’s ranking, University of Chicago landed the #3 spot on the list. 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 made our “Best Theological & Ministerial Studies Bachelor’s Degree Schools in Illinois” list, coming in at #1. It costs about $27,315 for Illinois Bachelor’s Degree Theology students whose families make more than $110k per year to attend University of Chicago.

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%. The school has an excellent freshman retention rate of 100%, which means students like the school well enough to return for a second year. 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.

Read more about Theological & Ministerial Studies at UChicago

#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 Vallue Theology Schools for a Bachelor’s in Illinois For Those Making Over $110k list. Loyola Chicago is located in Chicago, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 3 bachelors’s theology degrees to qualified students.

Loyola Chicago also made our “Best Theological & Ministerial Studies Bachelor’s Degree Schools in Illinois” list, coming in at #3. The estimated yearly cost for Loyola Chicago is $35,407 for illinois bachelor’s degree theology students whose families make more than $110k.

The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year. The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.

Read full report on Theological & Ministerial Studies at Loyola 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.

Credits

  • Credit for the banner image above goes to Jonund.

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