Theological and Ministerial Studies: master's degree earnings by college

Median earnings of theological and ministerial studies graduates (master's degree) one year after graduation, at 82 colleges. National median: $54,747, rising to $60,439 after four years.

#CollegeStateEarnings after 1 yrAfter 4 yrsMedian debt
1Hebrew Union College-Jewish Institute of ReligionNY$114,148$117,823$108,261
2Episcopal Theological Seminary of the SouthwestTX$91,825——
3Luther SeminaryMN$88,567$81,169$27,693
4Concordia SeminaryMO$84,695$97,155—
5Harding UniversityAR$79,289——
6Howard UniversityDC$76,040$81,944$83,932
7Wartburg Theological SeminaryIA$75,174$60,439—
8United Lutheran SeminaryPA$69,499$75,543—
9The Master's University and SeminaryCA$69,234$81,084—
10Concordia Theological SeminaryIN$68,124$80,818$20,750
11The King's UniversityTX$65,206$100,714$50,400
12Louisville Presbyterian Theological SeminaryKY$65,108$47,542—
13Luther Rice College & SeminaryGA$64,324$64,377$47,073
14University of DubuqueIA$63,025$66,039$30,943
15Drew UniversityNJ$62,892$57,404—
16Moody Bible InstituteIL$61,079$69,835$48,426
17Interdenominational Theological CenterGA$61,067$47,138$70,725
18The Southern Baptist Theological SeminaryKY$60,420$67,008—
19Fuller Theological SeminaryCA$60,357$66,602$50,062
20Moravian UniversityPA$60,243$53,128—
21Western SeminaryOR$59,619$61,070$16,172
22Regent UniversityVA$59,510$60,973$72,833
23Asbury Theological SeminaryKY$59,343$59,725$47,250
24Houston Christian UniversityTX$58,939$59,295$46,854
25Eden Theological SeminaryMO$58,850$59,788—
26Shaw UniversityNC$58,794—$59,000
27Viterbo UniversityWI$58,347$65,094—
28Bethel UniversityMN$58,262$54,390$32,247
29Sacred Heart Major SeminaryMI$57,165$69,654—
30Southern Methodist UniversityTX$57,158$55,347$48,249
31Covenant Theological SeminaryMO$57,009$57,772$22,697
32Gordon-Conwell Theological SeminaryMA$56,900$73,273$30,750
33Mercer UniversityGA$56,454$58,680$51,108
34Westminster Theological Seminary in CaliforniaCA$56,193$77,900—
35Mount St. Mary's UniversityMD$55,593$46,316—
36Southeastern Baptist Theological SeminaryNC$55,425$71,527—
37Midwestern Baptist Theological SeminaryMO$55,399$68,891$30,750
38Liberty UniversityVA$55,182$56,700$34,165
39Harvard UniversityMA$55,152$61,789$19,500
40Northeastern SeminaryNY$55,048$70,305—
41Nelson UniversityTX$54,747$53,150$44,779
42Boston CollegeMA$54,634$64,786$34,750
43Hood Theological SeminaryNC$54,613$59,012$69,500
44Trinity International University-IllinoisIL$53,727$66,978$36,917
45Azusa Pacific UniversityCA$53,639$36,869$107,759
46Lancaster Bible CollegePA$53,455—$24,780
47Biola UniversityCA$53,025$62,024$33,313
48Payne Theological SeminaryOH$52,540$60,748$57,445
49Anderson UniversitySC$52,478——
50Southeastern UniversityFL$52,255—$34,468
51Princeton Theological SeminaryNJ$51,954$63,783$36,050
52Lee UniversityTN$51,107$52,697—
53Duke UniversityNC$51,010$58,405$50,269
54Eastern UniversityPA$50,753$59,040—
55Dallas Theological SeminaryTX$49,771$69,603$21,727
56Yale UniversityCT$49,714$70,736$25,974
57Baylor UniversityTX$49,433$58,391$33,887
58Emory UniversityGA$48,372$63,450$52,000
59Garrett-Evangelical Theological SeminaryIL$47,658$57,987—
60Vanderbilt UniversityTN$47,518$58,149$41,000
61Westminster Theological SeminaryPA$47,304$55,338—
62Union Theological Seminary in the City of New YorkNY$46,829$71,072$61,500
63Denver SeminaryCO$46,616$61,916$31,882
64Union Presbyterian SeminaryVA$46,366$71,188—
65Northwest UniversityWA$46,203—$32,379
66Northwest University-Center for Online and Extended EducationWA$46,203—$32,379
67University of ChicagoIL$45,873$53,796—
68Columbia Theological SeminaryGA$45,566$53,161—
69University of Notre DameIN$45,331$58,621—
70Franciscan University of SteubenvilleOH$45,095$55,071$27,391
71Austin Presbyterian Theological SeminaryTX$44,397$62,778—
72Oral Roberts UniversityOK$44,345—$28,097
73Evangel UniversityMO$44,169——
74Methodist Theological School in OhioOH$43,310$66,137—
75Seattle Pacific UniversityWA$42,510$55,836—
76Samford UniversityAL$42,369$50,016$36,459
77Wake Forest UniversityNC$42,138$62,158$55,232
78Starr King School for the MinistryCA$41,287$49,050—
79Ashland UniversityOH$41,134$47,883—
80Wheaton CollegeIL$40,429$66,104—
81Campbell UniversityNC$39,911$55,216—
82Milligan UniversityTN$37,825$43,743—

Earnings are median annual earnings of graduates who received federal financial aid, measured by the U.S. Department of Education. Colleges with too few graduates are not shown.

Frequently asked questions

How much do theological and ministerial studies graduates earn?

The median college reports $54,747 in earnings one year after a master's degree in theological and ministerial studies and $60,439 four years after. The highest is $114,148 at Hebrew Union College-Jewish Institute of Religion.

How much student debt do theological and ministerial studies graduates have?

The median federal loan debt for this degree is about $41,000 at the typical college.