2022 Best Value Theology Schools in Michigan For Those Making $30-$48k

Students have lots of options to chooose from today when trying to decide which college to attend. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Theology Schools in Michigan For Those Making $30-$48k” ranking.

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 Michigan, there were 441 theological and ministerial studies graduates with average earnings and debt of $31,700 and $45,420 respectively.

This year’s “Best Value Theology Schools in Michigan For Those Making $30-$48k” ranking analyzed 3 colleges that offered a degree in theological and ministerial studies. This ranking identifies schools with high-quality theological and ministerial studies programs that also have a lower cost than schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the theological and ministerial studies program at the school and the cost of the school after aid is awarded among other things. 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 Value Theology Schools in Michigan For Those Making $30-$48k”.

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. 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 Michigan For Those Making $30-$48k

The colleges and universities below are the best for michigan theology students whose families make $30-$48k.

Top 3 Best Value Colleges for Theological & Ministerial Studies (Income $30-$48k) in Michigan

#1

Andrews University

Berrien Springs, Michigan

#2 in overall quality

$20,330 Average Net Price

$58,650 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Andrews University. The school came in at #1 for the Best Value Theology Schools in Michigan For Those Making $30-$48k. Andrews University is a private not-for-profit institution located in Berrien Springs, Michigan. The school has a small population, and it awarded 154 ’s degrees in 2019-2020.

Andrews also made our “Best Theological & Ministerial Studies Schools in Michigan” list, coming in at #2. The yearly cost to attend Andrews is $20,330 for Michigan Theology students whose families make $30-$48k.

The low student loan default rate of 4.8% 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%. The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year. 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.

Read full report on Theological & Ministerial Studies at Andrews

#2

Cornerstone University

Grand Rapids, Michigan

#3 in overall quality

$17,478 Average Net Price

$41,475 Average Early-Career Earnings

You’ll be in good company if you decide to attend Cornerstone University. It ranked #2 on our 2022 Best Value Theology Schools in Michigan For Those Making $30-$48k list. Located in Grand Rapids, Michigan, this small private not-for-profit school handed out 39 degrees to qualified ’s theology students in 2019-2020.

Cornerstone did well in our major quality rankings, too. It placed #3 on our “Best Theological & Ministerial Studies Schools in Michigan” list. It costs about $17,478 for Michigan Theology students whose families make $30-$48k per year to attend Cornerstone University.

Students who start out at the school are likely to stick around. The freshman retention rate is 86%.

Read full report on Theological & Ministerial Studies at Cornerstone University

#3

Concordia University, Ann Arbor

Ann Arbor, Michigan

#4 in overall quality

$23,413 Average Net Price

$42,593 Average Early-Career Earnings

You’ll be in good company if you decide to attend Concordia University, Ann Arbor. It ranked #3 on our 2022 Best Value Theology Schools in Michigan For Those Making $30-$48k list. This small school is located in Ann Arbor, Michigan, and it awarded 2 ’s theology degrees in 2019-2020.

Concordia University, Ann Arbor did well in our major quality rankings, too. It placed #4 on our “Best Theological & Ministerial Studies Schools in Michigan” list. The estimated yearly cost for Concordia University, Ann Arbor is $23,413 for Michigan Theology students whose families make $30-$48k.

The student loan default rate at the school is 4.6%, 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.

Full Concordia University, Ann Arbor Theological & Ministerial Studies Report

• Best Value Colleges for Theological & Ministerial Studies (Income $30-$48k) in the Great Lakes Region
• Best Value Colleges for Theological & Ministerial Studies (Income $30-$48k)

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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