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

6 Ranked Colleges
816 Degrees Awarded
$30,500 Avg Net Price*
Best Vallue Theology Schools in Illinois For Those Making Over $110k

When pursuing a degree in today’s world, students have many different options to choose from. 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 in Illinois For Those Making Over $110k” ranking.

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.

This year’s “Best Vallue Theology Schools in Illinois For Those Making Over $110k” ranking analyzed 6 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.

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. For more information, check out our ranking methodology.

More Ways to Rank Theological & Ministerial Studies Schools

The theology school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Vallue Theology Schools in Illinois For Those Making Over $110k”.

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. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

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Best Vallue Theology Schools in Illinois For Those Making Over $110k

The following schools top our list of the Best Best Vallue Theology Schools in Illinois For Those Making Over $110k.

Top 6 Best Value Colleges for Theological & Ministerial Studies (Income Over $110k) in Illinois

#1

Moody Bible Institute

Chicago, Illinois

You’ll join some of the best and brightest minds around if you attend Moody Bible Institute. The school came in at #1 for the Best Vallue Theology Schools in Illinois For Those Making Over $110k. Located in Chicago, Illinois, this small private not-for-profit school awarded 197 diplomas to qualified ’s theology students in 2019-2020.

Moody Theological Seminary and Graduate School also made our “Best Theological & Ministerial Studies Schools in Illinois” list, coming in at #3. The estimated yearly cost for Moody Bible Institute is $16,646 for Illinois Theology students whose families make more than $110k.

Read full report on Theological & Ministerial Studies at Moody Theological Seminary and Graduate School

#2

Olivet Nazarene University

Bourbonnais, Illinois

You’ll join some of the best and brightest minds around if you attend Olivet Nazarene University. The school came in at #2 for the Best Vallue Theology Schools in Illinois For Those Making Over $110k. Olivet Nazarene is a private not-for-profit institution located in Bourbonnais, Illinois. The school has a small population, and it awarded 15 ’s degrees in 2019-2020.

As a testament to the quality of education offered at Olivet Nazarene, the school also landed the #7 spot in our “Best Theological & Ministerial Studies Schools in Illinois” ranking. It costs about $20,195 for illinois theology students whose families make more than $110k per year to attend Olivet Nazarene University.

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%.

Full Olivet Nazarene Theological & Ministerial Studies Report

Out of the 6 schools in the Best Vallue Theology Schools in Illinois For Those Making Over $110k that were part of this year’s ranking, Trinity International University - Illinois landed the #3 spot on the list. TIU Illinois is a small school located in Deerfield, Illinois that handed out 111 ’s theology degrees in 2019-2020.

TIU Illinois also took the #9 spot in our “Best Theological & Ministerial Studies Schools in Illinois” ranking. The yearly cost to attend Trinity International University - Illinois is $21,204 for Illinois Theology students whose families make more than $110k.

Since the school has a student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Read full report on Theological & Ministerial Studies at TIU Illinois

#4

Wheaton College Illinois

Wheaton, Illinois

Out of the 6 schools in the Best Vallue Theology Schools in Illinois For Those Making Over $110k that were part of this year’s ranking, Wheaton College Illinois landed the #4 spot on the list. Wheaton College Illinois is located in Wheaton, Illinois and, has a small student population. In 2019-2020, this school awarded 38 ’s theology degrees to qualified students.

Wheaton College Illinois not only placed well in this ranking. It is also #5 on our “Best Theological & Ministerial Studies Schools in Illinois” list. The estimated yearly cost for Wheaton College Illinois is $25,358 for Illinois Theology students whose families make more than $110k.

The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year. The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%.

Read more about Theological & Ministerial Studies at Wheaton College Illinois

#5

University of Chicago

Chicago, Illinois

You’ll be in good company if you decide to attend University of Chicago. It ranked #5 on our 2022 Best Vallue Theology Schools in Illinois For Those Making Over $110k list. University of Chicago is located in Chicago, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 77 ’s theology degrees to qualified students.

UChicago also made our “Best Theological & Ministerial Studies Schools in Illinois” list, coming in at #2. It costs about $27,315 for Illinois Theology students whose families make more than $110k per year to attend UChicago.

With a freshman retention rate of 100%, the school does an excellent job of retaining its students. 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%. 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.

Read full report on Theological & Ministerial Studies at University of Chicago

#6

Loyola University Chicago

Chicago, Illinois

Loyola University Chicago ranked #6 on this year’s Best Vallue Theology Schools in Illinois For Those Making Over $110k list. Loyola Chicago is a fairly large school located in Chicago, Illinois that handed out 14 ’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 Schools in Illinois” ranking. The yearly cost to attend Loyola Chicago is $35,407 for illinois 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 85%.

Read more about 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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