2022 Best Value Master’s Degree Colleges for Theological & Ministerial Studies (Income $48-$75k) in Indiana

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Theology Schools for a Master’s in Indiana For Those Making $48-$75k” ranking is part of that endeavor.

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 Indiana, there were 412 theological and ministerial studies graduates with average earnings and debt of $45,783 and $49,199 respectively. At the master’s degree level specifically, there were 285 theological and ministerial studies graduates with average earnings and debt of $55,737 and $39,894 respectively.

For this year’s “Best Value Theology Schools for a Master’s in Indiana For Those Making $48-$75k” ranking, we looked at 4 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. Check out our ranking methodology for more information.

One Size Does Not Fit All

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 Indiana For Those Making $48-$75k”.

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. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Theology Schools for a Master’s in Indiana For Those Making $48-$75k

The following schools top our list of the Best Best Value Theology Schools for a Master’s in Indiana For Those Making $48-$75k.

Top 4 Best Value Master’s Degree Colleges for Theological & Ministerial Studies (Income $48-$75k) in Indiana

#1

University of Notre Dame

Notre Dame, Indiana

#1 in overall quality

$57,522 Avg Grad Tuition & Fees

$38,529 Average Early-Career Earnings

Out of the 4 schools in the Best Value Theology Schools for a Master’s in Indiana For Those Making $48-$75k that were part of this year’s ranking, University of Notre Dame landed the #1 spot on the list. University of Notre Dame is located in Notre Dame, Indiana and, has a fairly large student population. In 2019-2020, this school awarded 68 masters’s theology degrees to qualified students.

In addition to being on our indiana master’s degree theology students whose families make $48-$75k list, Notre Dame has also earned the #1 rank in our “Best Theological & Ministerial Studies Master’s Degree Schools in Indiana” ranking. Average graduate tuition and fees at Notre Dame are $57,522, but some majors have different tuition rates.

Read full report on Theological & Ministerial Studies at Notre Dame

#2

Grace College and Theological Seminary

Winona Lake, Indiana

#2 in overall quality

$7,872 Avg Grad Tuition & Fees

Out of the 4 schools in the Best Value Theology Schools for a Master’s in Indiana For Those Making $48-$75k that were part of this year’s ranking, Grace College and Theological Seminary landed the #2 spot on the list. This small school is located in Winona Lake, Indiana, and it awarded 12 masters’s theology degrees in 2019-2020.

As a testament to the quality of education offered at Grace College, the school also landed the #2 spot in our “Best Theological & Ministerial Studies Master’s Degree Schools in Indiana” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Grace College and Theological Seminary are $7,872.

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

#3

Indiana Wesleyan University - National & Global

Marion, Indiana

#4 in overall quality

$11,977 Avg Grad Tuition & Fees

$39,214 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Indiana Wesleyan University - National & Global. The school came in at #3 for the Best Value Theology Schools for a Master’s in Indiana For Those Making $48-$75k. Indiana Wesleyan University - National & Global is a private not-for-profit institution located in Marion, Indiana. The school has a fairly large population, and it awarded 27 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at IWU, the school also landed the #4 spot in our “Best Theological & Ministerial Studies Master’s Degree Schools in Indiana” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at IWU are $11,977.

Read more about Theological & Ministerial Studies at IWU

#4

Anderson University Indiana

Anderson, Indiana

#6 in overall quality

$11,455 Avg Grad Tuition & Fees

$37,208 Average Early-Career Earnings

Out of the 4 schools in the Best Value Theology Schools for a Master’s in Indiana For Those Making $48-$75k that were part of this year’s ranking, Anderson University Indiana landed the #4 spot on the list. Located in Anderson, Indiana, this small private not-for-profit school awarded 10 degrees to qualified masters’s theology students in 2019-2020.

Anderson University Indiana did well in our major quality rankings, too. It placed #6 on our “Best Theological & Ministerial Studies Master’s Degree Schools in Indiana” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Anderson University Indiana are $11,455.

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

• Best Value Master’s Degree Colleges for Theological & Ministerial Studies (Income $48-$75k) in the Great Lakes Region
• Best Value Master’s Degree Colleges for Theological & Ministerial Studies (Income $48-$75k)

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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