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2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k

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 $30-$48k

With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 $30-$48k” ranking - to help you make that 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 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 $30-$48k” ranking looked at 17 colleges that offer degrees in a bachelor’s 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.

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.

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 for a Master’s in the Great Lakes Region For Those Making $30-$48k” list, to help you choose the best school for you.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k

The colleges and universities below are the best for great lakes region master’s degree theology students whose families make $30-$48k.

Top 17 Best Value Master’s Degree Colleges for Theological & Ministerial Studies (Income $30-$48k) in the Great Lakes Region

#1

University of Chicago

Chicago, Illinois

You’ll join some of the best and brightest minds around if you attend University of Chicago. The school came in at #1 for the Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k. 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 59 students in 2019-2020.

In addition to being on our great lakes region master’s degree theology students whose families make $30-$48k list, UChicago has also earned the #2 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 UChicago are $61,548.

Full UChicago Theological & Ministerial Studies Report

#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 $30-$48k list. University of Notre Dame is a fairly large private not-for-profit school situated in Notre Dame, Indiana. It awarded 68 masters’s theology degrees in 2019-2020.

Notre Dame not only placed well in this ranking. It is also #1 on our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at University of Notre Dame are $57,522, but you may pay more or less depending on your major.

Read full report on Theological & Ministerial Studies at University of Notre Dame

#3

Andrews University

Berrien Springs, Michigan
#3 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 $30-$48k that were part of this year’s ranking, Andrews University landed the #3 spot on the list. Andrews University is a small school located in Berrien Springs, Michigan that handed out 115 masters’s theology degrees in 2019-2020.

Andrews not only placed well in this ranking. It is also #3 on our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Andrews University are $28,910, but you may pay more or less depending on your major.

Read full report on Theological & Ministerial Studies at Andrews University

#4

Olivet Nazarene University

Bourbonnais, Illinois

You’ll be in good company if you decide to attend Olivet Nazarene University. It ranked #4 on our 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. Olivet Nazarene University is located in Bourbonnais, Illinois and, has a small student population. In 2019-2020, this school awarded 7 masters’s theology degrees to qualified students.

Olivet Nazarene also made our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” list, coming in at #0. 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.

Full Olivet Nazarene Theological & Ministerial Studies Report

#11 in overall quality

You’ll join some of the best and brightest minds around if you attend Grace College and Theological Seminary. The school came in at #5 for the Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k. This small school is located in Winona Lake, Indiana, and it awarded 12 masters’s theology degrees in 2019-2020.

Grace College did well in our major quality rankings, too. It placed #11 on our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Grace College and Theological Seminary are $7,872, but you may pay more or less depending on your major.

Read full report on Theological & Ministerial Studies at Grace College and Theological Seminary

#6

Moody Bible Institute

Chicago, Illinois

Moody Bible Institute did quite well in the 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #6. Moody Bible Institute is a small private not-for-profit school situated in Chicago, Illinois. It awarded 60 masters’s theology degrees in 2019-2020.

Moody Theological Seminary and Graduate School not only placed well in this ranking. It is also #5 on our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Moody Theological Seminary and Graduate School are $8,930, but some majors have different tuition rates.

Full Moody Bible Institute Theological & Ministerial Studies Report

#7

Ashland University

Ashland, Ohio

Ashland University landed the #7 spot on the 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. Ashland University is a private not-for-profit institution located in Ashland, Ohio. The school has a small population, and it awarded 28 masters’s degrees in 2019-2020.

Ashland also took the #12 spot in our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Ashland University are $6,444, but some majors have different tuition rates.

Full Ashland University Theological & Ministerial Studies Report

#8

Wheaton College Illinois

Wheaton, Illinois

Wheaton College Illinois came in at #8 in this year’s edition of the Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. This small school is located in Wheaton, Illinois, and it awarded 33 masters’s theology degrees in 2019-2020.

Wheaton College Illinois also made our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” list, coming in at #7. 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.

Read full report on Theological & Ministerial Studies at Wheaton College Illinois

Franciscan University of Steubenville landed the #9 spot on the 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. Franciscan U is located in Steubenville, Ohio and, has a small student population. In 2019-2020, this school awarded 43 masters’s theology degrees to qualified students.

As a testament to the quality of education offered at Franciscan U, the school also landed the #9 spot in our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Franciscan University of Steubenville are $12,888, but some majors have different tuition rates.

Read more about Theological & Ministerial Studies at Franciscan U

#10

Capital University

Columbus, Ohio

Capital University ranked #10 on this year’s Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. Capital University is a private not-for-profit institution located in Columbus, Ohio. The school has a small population, and it awarded 12 masters’s 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 are $13,000, but some majors have different tuition rates.

Read full report on Theological & Ministerial Studies at Capital

#11

Anderson University Indiana

Anderson, Indiana

Anderson University Indiana ranked #11 on this year’s Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. Anderson, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s theology degrees to 10 students in 2019-2020.

Anderson University Indiana not only placed well in this ranking. It is also #19 on our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Anderson University Indiana are $11,455, but you may pay more or less depending on your major.

Read full report on Theological & Ministerial Studies at Anderson University Indiana

Trinity International University - Illinois ranked #12 on this year’s Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. Located in Deerfield, Illinois, this small private not-for-profit school handed out 102 diplomas to qualified masters’s theology students in 2019-2020.

As a testament to the quality of education offered at TIU Illinois, the school also landed the #14 spot in our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Trinity International University - Illinois are $17,780, but you may pay more or less depending on your major.

Read more about Theological & Ministerial Studies at TIU Illinois

#13

Maranatha Baptist University

Watertown, Wisconsin

Maranatha Baptist University landed the #13 spot on the 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. MBU is a small school located in Watertown, Wisconsin that handed out 2 masters’s theology degrees in 2019-2020.

In addition to being on our great lakes region master’s degree theology students whose families make $30-$48k list, MBU has also earned the #0 rank in our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at MBU are $7,010, but you may pay more or less depending on your major.

Full Maranatha Baptist University Theological & Ministerial Studies Report

#14

Cornerstone University

Grand Rapids, Michigan

Cornerstone University ranked #14 on this year’s Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. Cornerstone University is a small school located in Grand Rapids, Michigan that handed out 23 masters’s theology degrees in 2019-2020.

As a testament to the quality of education offered at Cornerstone, the school also landed the #20 spot in our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Cornerstone University are $14,710, but some majors have different tuition rates.

Full Cornerstone University Theological & Ministerial Studies Report

Indiana Wesleyan University - National & Global did quite well in the 2022 Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #15. Indiana Wesleyan University - National & Global is a fairly large private not-for-profit school situated in Marion, Indiana. It awarded 27 masters’s theology degrees in 2019-2020.

IWU also took the #17 spot in our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Indiana Wesleyan University - National & Global are $11,977, but some majors have different tuition rates.

Read more about Theological & Ministerial Studies at Indiana Wesleyan University - National & Global

#16

Loyola University Chicago

Chicago, Illinois
#6 in overall quality

Loyola University Chicago came in at #16 in this year’s edition of the Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. Loyola University Chicago is located in Chicago, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 10 masters’s theology degrees to qualified students.

Loyola Chicago did well in our major quality rankings, too. It placed #6 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 Loyola University Chicago are $19,154.

Read more about Theological & Ministerial Studies at Loyola Chicago

Pontifical College Josephinum came in at #17 in this year’s edition of the Best Value Theology Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. Located in Columbus, Ohio, this small private not-for-profit school handed out 11 diplomas to qualified masters’s theology students in 2019-2020.

In addition to being on our great lakes region master’s degree theology students whose families make $30-$48k list, Pontifical College Josephinum has also earned the #10 rank in our “Best Theological & Ministerial Studies Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Pontifical College Josephinum are $27,797, but you may pay more or less depending on your major.

Full Pontifical College Josephinum Theological & Ministerial Studies Report

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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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