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2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k

17 Ranked Colleges
1,392 Degrees Awarded
$20,100 Avg Grad Tuition & Fees*
Best Value Theology Schools for a Master's in the Great Lakes Region For Those Making $0-$30k

When it comes to choosing a college, students have a lot of options - but not all of them are good. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k” ranking - to help you make that decision.

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 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 $0-$30k” ranking analyzed 17 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. Check out our ranking methodology for more information.

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 Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k”.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k

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 $0-$30k.

Top 17 Best Value Master’s Degree Colleges for Theological & Ministerial Studies (Income $0-$30k) in the Great Lakes Region

#1

University of Chicago

Chicago, Illinois

You’ll be in good company if you decide to attend University of Chicago. It ranked #1 on our 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. UChicago is located in Chicago, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 59 masters’s theology degrees to qualified students.

As a testament to the quality of education offered at UChicago, the school also landed the #2 spot in our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” ranking. 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

#2

University of Notre Dame

Notre Dame, Indiana

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 $0-$30k list. Located in Notre Dame, Indiana, this fairly large private not-for-profit school handed out 68 diplomas to qualified masters’s theology students in 2019-2020.

Notre Dame also took the #1 spot 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 you may pay more or less depending on your major.

Full Notre Dame Theological & Ministerial Studies Report

#3

Wheaton College Illinois

Wheaton, Illinois

You’ll be in good company if you decide to attend Wheaton College Illinois. It ranked #3 on our 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. Wheaton College Illinois is a small school located in Wheaton, Illinois that handed out 33 masters’s theology degrees in 2019-2020.

Wheaton College Illinois not only placed well in this ranking. It is also #7 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 Wheaton College Illinois are $17,424.

Full Wheaton College Illinois Theological & Ministerial Studies Report

#11 in overall quality

Out of the 17 schools in the Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, Grace College and Theological Seminary landed the #4 spot on the 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 $0-$30k 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. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Grace College are $7,872.

Read more about Theological & Ministerial Studies at Grace College and Theological Seminary

#5

Andrews University

Berrien Springs, Michigan
#3 in overall quality

You’ll join some of the best and brightest minds around if you attend Andrews University. The school came in at #5 for the Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k. Andrews 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 are $28,910, but some majors have different tuition rates.

Read full report on Theological & Ministerial Studies at Andrews University

#6

Olivet Nazarene University

Bourbonnais, Illinois

With a ranking of #6, Olivet Nazarene University did quite well on the 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. Located in Bourbonnais, Illinois, this small private not-for-profit school handed out 7 diplomas to qualified masters’s theology students 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. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Olivet Nazarene University are $13,393.

Read more about Theological & Ministerial Studies at Olivet Nazarene

#7

Moody Bible Institute

Chicago, Illinois

With a ranking of #7, Moody Bible Institute did quite well on the 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. Moody Theological Seminary and Graduate School is located in Chicago, Illinois and, has a small student population. In 2019-2020, this school awarded 60 masters’s theology degrees to qualified students.

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.

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

Franciscan University of Steubenville landed the #8 spot on the 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. Franciscan University of Steubenville is a small private not-for-profit school situated in Steubenville, Ohio. It awarded 43 masters’s theology degrees in 2019-2020.

Franciscan U did well in our major quality rankings, too. It placed #9 on our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Franciscan U are $12,888, but you may pay more or less depending on your major.

Full Franciscan U Theological & Ministerial Studies Report

#9

Capital University

Columbus, Ohio

Capital 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 $0-$30k ranking. Capital University is a small private not-for-profit school situated in Columbus, Ohio. It awarded 12 masters’s theology degrees in 2019-2020.

Capital also took the #13 spot in our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Capital University are $13,000, but you may pay more or less depending on your major.

Full Capital University Theological & Ministerial Studies Report

Trinity International University - Illinois landed the #10 spot on the 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. Located in Deerfield, Illinois, this small private not-for-profit school awarded 102 degrees to qualified masters’s theology students in 2019-2020.

TIU Illinois not only placed well in this ranking. It is also #14 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 Trinity International University - Illinois are $17,780.

Read full report on Theological & Ministerial Studies at Trinity International University - Illinois

#11

Maranatha Baptist University

Watertown, Wisconsin

Maranatha Baptist University did quite well in the 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #11. Maranatha Baptist University is a small school located in Watertown, Wisconsin that handed out 2 masters’s theology degrees in 2019-2020.

As a testament to the quality of education offered at MBU, the school also landed the #0 spot in our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” ranking. 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

#12

Cornerstone University

Grand Rapids, Michigan

Cornerstone University ranked #12 on this year’s Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. Cornerstone is a private not-for-profit institution located in Grand Rapids, Michigan. The school has a small population, and it awarded 23 masters’s degrees in 2019-2020.

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. Average graduate tuition and fees at Cornerstone are $14,710, but you may pay more or less depending on your major.

Read full report on Theological & Ministerial Studies at Cornerstone

#13

Ashland University

Ashland, Ohio

Ashland University landed the #13 spot on the 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. Ashland, Ohio is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s theology degrees to 28 students in 2019-2020.

Ashland not only placed well in this ranking. It is also #12 on our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Ashland University are $6,444, but some majors have different tuition rates.

Read more about Theological & Ministerial Studies at Ashland University

#14

Anderson University Indiana

Anderson, Indiana

Anderson University Indiana did quite well in the 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #14. Anderson University Indiana is a private not-for-profit institution located in Anderson, Indiana. The school has a small population, and it awarded 10 masters’s 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 you may pay more or less depending on your major.

Read more about Theological & Ministerial Studies at Anderson University Indiana

With a ranking of #15, 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 $0-$30k list. IWU is located in Marion, Indiana and, has a fairly large student population. In 2019-2020, this school awarded 27 masters’s theology degrees to qualified students.

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 IWU are $11,977, but some majors have different tuition rates.

Full IWU Theological & Ministerial Studies Report

#16

Loyola University Chicago

Chicago, Illinois
#6 in overall quality

Loyola University Chicago did quite well in the 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #16. Chicago, Illinois is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s theology degrees to 10 students in 2019-2020.

Loyola Chicago not only placed well in this ranking. It is also #6 on our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Loyola University Chicago are $19,154, but you may pay more or less depending on your major.

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

Pontifical College Josephinum did quite well in the 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #17. Located in Columbus, Ohio, this small private not-for-profit school awarded 11 diplomas to qualified masters’s theology students in 2019-2020.

Pontifical College Josephinum did well in our major quality rankings, too. It placed #10 on our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Pontifical College Josephinum are $27,797, but some majors have different tuition rates.

Read full report on 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.

Credits

  • Credit for the banner image above goes to Jonund.

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