2027 Best Value Theology & Religious Vocations Schools in Indiana

[Theology & Religious Vocations](/majors/theology-and-religious-vocations/) programs reward a close look at where your money goes furthest. The best values balance affordable tuition against strong post-graduation earnings.
To produce this 2027 ranking, College Factual evaluated 9 schools on the balance of cost and outcomes for theology & religious vocations students.
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2027 Best Value Theology & Religious Vocations Schools in Indiana
If you want to know which schools deliver the best value for the theology & religious vocations degrees they offer, see the list below.
Best Value Theology & Religious Vocations Schools
For return on investment in theology & religious vocations, no school beat Indiana Wesleyan University National And Global this year. Indiana Wesleyan University National And Global is a large private not-for-profit school located in the rural area of Marion. Expect in-state tuition and fees of around $9,648. Theology & Religious Vocations graduates carry a median of $26,585 in student loans. Soon after graduation, theology & religious vocations degree recipients from Indiana Wesleyan University National And Global generally make around $40,261. That is a strong return on a $26,585 median debt.
A rank of #2 makes Bethel College Mishawaka one of the best values for theology & religious vocations. Bethel College Mishawaka is a small private not-for-profit school located in the city of Mishawaka. Students from in state pay about $34,600 in tuition and fees. Typical student debt for theology & religious vocations graduates is $23,319. Soon after graduation, theology & religious vocations degree recipients from Bethel College Mishawaka generally make around $32,827. That is a strong return on a $23,319 median debt. Bethel College Mishawaka admits about 98% of applicants.
A rank of #3 makes Grace College And Theological Seminary one of the best values for theology & religious vocations. Located in the town of Winona Lake, Grace College And Theological Seminary is a mid-sized private not-for-profit university. In-state tuition and fees average $29,645. Typical student debt for theology & religious vocations graduates is $25,460. Early-career theology & religious vocations graduates make about $34,513. That is a strong return on a $25,460 median debt. Roughly 82% of applicants are accepted.
Indiana Wesleyan University came in at #4 on our 2027 list of the best value theology & religious vocations schools. Located in the town of Marion, Indiana Wesleyan University is a mid-sized private not-for-profit university. In-state tuition and fees average $32,352. Students borrow a median of $24,510 to complete the theology & religious vocations program here. Theology & Religious Vocations graduates of Indiana Wesleyan University earn a median of $33,461 early in their careers. Set against $24,510 in median debt, that is a healthy payoff. Roughly 89% of applicants are accepted.
Earlham College came in at #5 on our 2027 list of the best value theology & religious vocations schools. Earlham College is a small private not-for-profit school located in the town of Richmond. The average in-state cost of tuition and fees is $53,930. Theology & Religious Vocations graduates carry a median of $25,125 in student loans. Theology & Religious Vocations graduates of Earlham College earn a median of $43,038 early in their careers. Set against $25,125 in median debt, that is a healthy payoff. Earlham College admits about 73% of applicants.
Taylor University came in at #6 for value in theology & religious vocations this year. Located in the rural area of Upland, Taylor University is a mid-sized private not-for-profit university. The average in-state cost of tuition and fees is $40,490. Theology & Religious Vocations graduates carry a median of $21,832 in student loans. Soon after graduation, theology & religious vocations degree recipients from Taylor University generally make around $37,035. Weighed against typical debt, the earnings make a compelling case for value. Roughly 74% of applicants are accepted.
Virginia Baptist College came in at #7 for value in theology & religious vocations this year. Virginia Baptist College is a small private not-for-profit school located in the town of Lawrenceburg. In-state tuition and fees average $9,712. Roughly 95% of applicants are accepted.
Anderson University Indiana landed the #8 spot for theology & religious vocations value this year. Anderson University Indiana is a small private not-for-profit school located in the city of Anderson. Students from in state pay about $37,240 in tuition and fees. Typical student debt for theology & religious vocations graduates is $27,401. Theology & Religious Vocations graduates of Anderson University Indiana earn a median of $41,376 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. Roughly 79% of applicants are accepted.
University Of Notre Dame earned the #9 position for value in theology & religious vocations this year. University Of Notre Dame is a large private not-for-profit school located in the suburb of Notre Dame. Students from in state pay about $65,025 in tuition and fees. Students borrow a median of $19,000 to complete the theology & religious vocations program here. Soon after graduation, theology & religious vocations degree recipients from University Of Notre Dame generally make around $44,657. Set against $19,000 in median debt, that is a healthy payoff. The acceptance rate is 11%.
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Notes and References
The ranking above is published by College Factual (MF_RANKING_2025), 2027 edition. Schools are scored on the balance of cost (tuition and student debt) against student outcomes (post-graduation earnings) — a measure of return on investment, drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).
Ranking method: College Major Best Value · 9 schools evaluated.
*Averages shown above reflect the top 9 ranked schools only.
- 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).
More about our data sources and methodologies.