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2022 Best Value Colleges for Theological & Ministerial Studies (Income $30-$48k) in Illinois

6 Ranked Colleges
816 Degrees Awarded
$16,900 Avg Net Price*
Best Value Theology Schools in Illinois For Those Making $30-$48k

Students have lots of options to chooose from today when trying to decide which college to attend. College Factual has developed its “Best Value Theology Schools in Illinois For Those Making $30-$48k” ranking as one item you can use to help make this decision.

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.

For this year’s “Best Value Theology Schools in Illinois For Those Making $30-$48k” ranking, we looked at 6 colleges that offer 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.

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Theology Schools in Illinois For Those Making $30-$48k” list, to help you choose the best school for you.

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.

Best Value Theology Schools in Illinois For Those Making $30-$48k

The following schools top our list of the Best Best Value Theology Schools in Illinois For Those Making $30-$48k.

Top 6 Best Value Colleges for Theological & Ministerial Studies (Income $30-$48k) in Illinois

#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 in Illinois For Those Making $30-$48k list. University of Chicago is a fairly large private not-for-profit school situated in Chicago, Illinois. It awarded 77 ’s theology degrees in 2019-2020.

As a testament to the quality of education offered at UChicago, the school also landed the #2 spot in our “Best Theological & Ministerial Studies Schools in Illinois” ranking. It costs about $2,800 for illinois theology students whose families make $30-$48k per year to attend UChicago.

The impressive student-to-faculty ratio of 5 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The school has an excellent freshman retention rate of 100%, which means students like the school well enough to return for a second year. 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%.

Read more about Theological & Ministerial Studies at University of Chicago

#2

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 #2 for the Best Value Theology Schools in Illinois For Those Making $30-$48k. Chicago, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s theology degrees to 197 students in 2019-2020.

Moody Theological Seminary and Graduate School did well in our major quality rankings, too. It placed #3 on our “Best Theological & Ministerial Studies Schools in Illinois” list. The yearly cost to attend Moody Theological Seminary and Graduate School is $16,582 for Illinois Theology students whose families make $30-$48k.

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

#3

Olivet Nazarene University

Bourbonnais, Illinois

You’ll be in good company if you decide to attend Olivet Nazarene University. It ranked #3 on our 2022 Best Value Theology Schools in Illinois For Those Making $30-$48k list. Olivet Nazarene University is a small private not-for-profit school situated in Bourbonnais, Illinois. It awarded 15 ’s theology degrees in 2019-2020.

Olivet Nazarene also made our “Best Theological & Ministerial Studies Schools in Illinois” list, coming in at #7. The yearly cost to attend Olivet Nazarene is $15,390 for illinois theology students whose families make $30-$48k.

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%.

Full Olivet Nazarene University Theological & Ministerial Studies Report

#4

Wheaton College Illinois

Wheaton, Illinois

You’ll join some of the best and brightest minds around if you attend Wheaton College Illinois. The school came in at #4 for the Best Value Theology Schools in Illinois For Those Making $30-$48k. This small school is located in Wheaton, Illinois, and it awarded 38 ’s theology degrees in 2019-2020.

Wheaton College Illinois did well in our major quality rankings, too. It placed #5 on our “Best Theological & Ministerial Studies Schools in Illinois” list. The estimated yearly cost for Wheaton College Illinois is $16,212 for Illinois Theology students whose families make $30-$48k.

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%. With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. Students who start out at the school are likely to stick around. The freshman retention rate is 90%.

Full Wheaton College Illinois Theological & Ministerial Studies Report

Out of the 6 schools in the Best Value Theology Schools in Illinois For Those Making $30-$48k that were part of this year’s ranking, Trinity International University - Illinois landed the #5 spot on the list. TIU Illinois is a private not-for-profit institution located in Deerfield, Illinois. The school has a small population, and it awarded 111 ’s degrees in 2019-2020.

TIU Illinois also took the #9 spot in our “Best Theological & Ministerial Studies Schools in Illinois” ranking. It costs about $20,693 for illinois theology students whose families make $30-$48k per year to attend Trinity International University - Illinois.

The student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

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

#6

Loyola University Chicago

Chicago, Illinois

Loyola University Chicago came in at #6 in this year’s edition of the Best Value Theology Schools in Illinois For Those Making $30-$48k ranking. Loyola Chicago is a private not-for-profit institution located in Chicago, Illinois. The school has a fairly large population, and it awarded 14 ’s degrees in 2019-2020.

Loyola Chicago did well in our major quality rankings, too. It placed #6 on our “Best Theological & Ministerial Studies Schools in Illinois” list. It costs about $29,788 for Illinois Theology students whose families make $30-$48k per year to attend Loyola University Chicago.

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 full report on Theological & Ministerial Studies at Loyola University 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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