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2022 Best Value Colleges for Theological & Ministerial Studies (Income $48-$75k) in Illinois

6 Ranked Colleges
816 Degrees Awarded
Best Value Theology Schools in Illinois For Those Making $48-$75k

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 $48-$75k” 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 $48-$75k” ranking, we looked at 6 colleges that offer 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.

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.

More Ways to Rank Theological & Ministerial Studies Schools

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Theology Schools in Illinois For Those Making $48-$75k” list to help you make the college decision.

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. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Theology Schools in Illinois For Those Making $48-$75k

The colleges and universities below are the best for illinois theology students whose families make $48-$75k.

Top 6 Best Value Colleges for Theological & Ministerial Studies (Income $48-$75k) in Illinois

#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 in Illinois For Those Making $48-$75k. Chicago, Illinois is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s theology degrees to 77 students in 2019-2020.

UChicago did well in our major quality rankings, too. It placed #2 on our “Best Theological & Ministerial Studies Schools in Illinois” list. It costs about $7,934 for Illinois Theology students whose families make $48-$75k per year to attend UChicago.

With a student-to-faculty ratio of 5 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The student loan default rate at the school is 0.6%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 100%, the school does an excellent job of retaining its students.

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 $48-$75k. Moody Bible Institute is a small private not-for-profit school situated in Chicago, Illinois. It awarded 197 ’s theology degrees in 2019-2020.

In addition to being on our illinois theology students whose families make $48-$75k list, Moody Theological Seminary and Graduate School has also earned the #3 rank in our “Best Theological & Ministerial Studies Schools in Illinois” ranking. It costs about $16,501 for illinois theology students whose families make $48-$75k per year to attend Moody Theological Seminary and Graduate School.

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

#3

Wheaton College Illinois

Wheaton, Illinois

Out of the 6 schools in the Best Value Theology Schools in Illinois For Those Making $48-$75k that were part of this year’s ranking, Wheaton College Illinois landed the #3 spot on the list. Wheaton College Illinois is a private not-for-profit institution located in Wheaton, Illinois. The school has a small population, and it awarded 38 ’s degrees in 2019-2020.

In addition to being on our illinois theology students whose families make $48-$75k list, Wheaton College Illinois has also earned the #5 rank in our “Best Theological & Ministerial Studies Schools in Illinois” ranking. The estimated yearly cost for Wheaton College Illinois is $19,691 for illinois theology students whose families make $48-$75k.

The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. 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 freshman retention rate of 90%, the school does an excellent job of retaining its students.

Read more about Theological & Ministerial Studies at Wheaton College Illinois

#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 in Illinois For Those Making $48-$75k list. Located in Bourbonnais, Illinois, this small private not-for-profit school handed out 15 degrees to qualified ’s theology students in 2019-2020.

Olivet Nazarene also took the #7 spot in our “Best Theological & Ministerial Studies Schools in Illinois” ranking. The yearly cost to attend Olivet Nazarene is $17,841 for Illinois Theology students whose families make $48-$75k.

The low student loan default rate of 3.4% 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 full report on Theological & Ministerial Studies at Olivet Nazarene

You’ll join some of the best and brightest minds around if you attend Trinity International University - Illinois. The school came in at #5 for the Best Value Theology Schools in Illinois For Those Making $48-$75k. Located in Deerfield, Illinois, this small private not-for-profit school awarded 111 diplomas to qualified ’s theology students in 2019-2020.

TIU Illinois not only placed well in this ranking. It is also #9 on our “Best Theological & Ministerial Studies Schools in Illinois” list. The estimated yearly cost for TIU Illinois is $17,441 for illinois theology students whose families make $48-$75k.

With a student-to-faculty ratio of 8 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 TIU Illinois

#6

Loyola University Chicago

Chicago, Illinois

With a ranking of #6, Loyola University Chicago did quite well on the 2022 Best Value Theology Schools in Illinois For Those Making $48-$75k list. Loyola University Chicago is located in Chicago, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 14 ’s theology degrees to qualified students.

Loyola Chicago also made our “Best Theological & Ministerial Studies Schools in Illinois” list, coming in at #6. The estimated yearly cost for Loyola Chicago is $32,259 for Illinois Theology students whose families make $48-$75k.

The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year. The low student loan default rate of 3.4% 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 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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