2023 Best Value Colleges for Theology & Religious Vocations (Income $48-$75k) in Indiana

It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Best Value Theology & Religious Vocations Schools in Indiana For Those Making $48-$75k” ranking as one item you can use to help make this decision.

Theology & Religious Vocations is the 26th most popular major in the country with 27,459 degrees awarded in 2020-2021. In 2019-2020, theology and religious vocations graduates who were awarded their degree in 2017-2019, earned an average of $36,020 and had an average of $26,322 in loans still to pay off.

Across Indiana, there were 889 theology and religious vocations graduates with average earnings and debt of $36,233 and $25,827 respectively.

For this year’s “Best Value Theology & Religious Vocations Schools in Indiana For Those Making $48-$75k” ranking, we looked at 3 colleges that offer a degree in theology and religious vocations. Not only do the schools that top this list have excellent theology and religious vocations programs, but they also 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 theology and religious vocations program at the school. Check out our ranking methodology for more information.

One Size Does Not Fit All

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 & Religious Vocations Schools in Indiana For Those Making $48-$75k” list to help you make the college decision.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Theology & Religious Vocations Schools in Indiana For Those Making $48-$75k

The colleges and universities below are the best for indiana theology & religious vocations students whose families make $48-$75k.

Top 3 Best Value Colleges for Theology & Religious Vocations (Income $48-$75k) in Indiana

1

University of Notre Dame
Notre Dame, Indiana

#1 in overall quality

$14,020 Average Net Price

$58,860 Average Early-Career Earnings

Out of the 3 schools in the Best Value Theology & Religious Vocations Schools in Indiana For Those Making $48-$75k that were part of this year’s ranking, University of Notre Dame landed the #1 spot on the list. This fairly large school is located in Notre Dame, Indiana, and it awarded 150 ’s theology and religious vocations degrees in 2020-2021.

Notre Dame also took the #1 spot in our “Best Theology & Religious Vocations Schools in Indiana” ranking. The estimated yearly cost for University of Notre Dame is $14,020 for indiana theology & religious vocations students whose families make $48-$75k.

Students who start out at the school are likely to stick around. The freshman retention rate is 97%. With a undergrad student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The low undergrad student loan default rate of 0.7% 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%.

Read full report on Theology & Religious Vocations at Notre Dame

2

Grace College and Theological Seminary
Winona Lake, Indiana

#2 in overall quality

$18,727 Average Net Price

$34,626 Average Early-Career Earnings

You’ll be in good company if you decide to attend Grace College and Theological Seminary. It ranked #2 on our 2023 Best Value Theology & Religious Vocations Schools in Indiana For Those Making $48-$75k list. Grace College and Theological Seminary is a small school located in Winona Lake, Indiana that handed out 87 ’s theology and religious vocations degrees in 2020-2021.

As a testament to the quality of education offered at Grace College, the school also landed the #2 spot in our “Best Theology & Religious Vocations Schools in Indiana” ranking. It costs about $18,727 for indiana theology & religious vocations students whose families make $48-$75k per year to attend Grace College.

The low undergrad student loan default rate of 3.1% 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%.

Read full report on Theology & Religious Vocations at Grace College and Theological Seminary

3

Indiana Wesleyan University - National & Global
Marion, Indiana

#4 in overall quality

$19,539 Average Net Price

$46,269 Average Early-Career Earnings

Out of the 3 schools in the Best Value Theology & Religious Vocations Schools in Indiana For Those Making $48-$75k that were part of this year’s ranking, Indiana Wesleyan University - National & Global landed the #3 spot on the list. Indiana Wesleyan University - National & Global is a private not-for-profit institution located in Marion, Indiana. The school has a fairly large population, and it awarded 238 ’s degrees in 2020-2021.

As a testament to the quality of education offered at IWU, the school also landed the #4 spot in our “Best Theology & Religious Vocations Schools in Indiana” ranking. The yearly cost to attend Indiana Wesleyan University - National & Global is $19,539 for Indiana Theology & Religious Vocations students whose families make $48-$75k.

The undergrad student loan default rate at the school is 5.0%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Theology & Religious Vocations at Indiana Wesleyan University - National & Global

• Best Value Colleges for Theology & Religious Vocations (Income $48-$75k) in the Great Lakes Region
• Best Value Colleges for Theology & Religious Vocations (Income $48-$75k)

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 Daderot.