Master's · Theology and Religious Vocations

Theological and Ministerial Studies (Master's): earnings by school

110 schools report graduate earnings for this major.

Median across schools, 1 year out
$54,690
Treasury AY2020-21, AY2021-22 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Median across schools, 4 years out
$60,456
Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Typical debt
$36,688
NSLDS pooled AY2022-23, AY2023-24 cohort

Across 94 schools reporting 4-year earnings, the middle half of programs pay graduates between $55,037 and $67,008. The school matters less than you might think for this major.

Schools, highest earnings first

School1 year4 yearsDebt
Hebrew Union College-Jewish Institute of Religion NY$114,148$117,823$108,261
The King's University TX$65,206$100,714$50,400
Concordia Seminary MO$84,695$97,155—
Lenoir-Rhyne University NC—$95,302—
Church Divinity School of the Pacific CA—$94,644—
Episcopal Theological Seminary of the Southwest TX$91,825——
Luther Seminary MN$88,567$81,169$27,693
The Master's University and Seminary CA$69,234$81,084—
Concordia Theological Seminary IN$68,124$80,818$20,750
Harding University AR$79,289——
Howard University DC$76,040—$83,932
United Lutheran Seminary PA$69,499$75,543—
Nazarene Theological Seminary MO—$74,925—
Faith International University WA—$73,387—
Gordon-Conwell Theological Seminary MA$56,900$73,273$30,750
Southeastern Baptist Theological Seminary NC$55,425$71,527—
Union Theological Seminary in the City of New York NY$46,829$71,072$61,500
Yale University CT$49,714$70,736$25,974
Northeastern Seminary NY$55,048$70,305—
Indiana Wesleyan University-Marion IN—$69,914$49,561
Indiana Wesleyan University-National & Global IN—$69,914$49,561
Moody Bible Institute IL$61,079$69,835$48,426
Sacred Heart Major Seminary MI$57,165$69,654—
Dallas Theological Seminary TX$49,771$69,603$21,727
Midwestern Baptist Theological Seminary MO$55,399$68,891$30,750
The Catholic University of America DC—$68,008—
The Southern Baptist Theological Seminary KY$60,420$67,008—
Trinity International University-Illinois IL$53,727$66,978$36,917
Fuller Theological Seminary CA$60,357$66,602$50,062
Methodist Theological School in Ohio OH$43,310$66,137—
Wheaton College IL$40,429$66,104—
University of Dubuque IA$63,025$66,039$30,943
Meadville Theological School of Lombard College IL—$65,954—
Hardin-Simmons University TX—$65,147—
Boston College MA$54,634$64,786$34,750
Luther Rice College & Seminary GA$64,324$64,377$47,073
Lipscomb University TN—$64,190—
Princeton Theological Seminary NJ$51,954$63,783$36,050
Emory University GA$48,372$63,450$52,000
Drew University NJ$62,892——
Austin Presbyterian Theological Seminary TX$44,397$62,778—
Wake Forest University NC$42,138$62,158$55,232
George Fox University OR—$62,123$34,166
Biola University CA$53,025$62,024$33,313
Denver Seminary CO$46,616$61,916$31,882
Cornerstone University MI—$61,838—
Harvard University MA$55,152$61,789$19,500
Western Seminary OR$59,619$61,070$16,172
Regent University VA$59,510$60,973$72,833
Payne Theological Seminary OH$52,540$60,748$57,445
Saint Joseph's College of Maine ME—$60,474—
Wartburg Theological Seminary IA$75,174$60,439—
Moravian University PA$60,243——
University of Northwestern-St Paul MN—$60,095—
The Seattle School of Theology & Psychology WA—$59,845—
Eden Theological Seminary MO$58,850$59,788—
Asbury Theological Seminary KY$59,343$59,725$47,250
Texas Christian University TX—$59,368—
Brite Divinity School TX—$59,368—
Houston Christian University TX$58,939$59,295$46,854
Eastern University PA$50,753$59,040—
Hood Theological Seminary NC$54,613$59,012$69,500
Shaw University NC$58,794—$59,000
Mercer University GA$56,454$58,680$51,108
University of Notre Dame IN$45,331$58,621—
Duke University NC$51,010$58,405$50,269
Baylor University TX$49,433$58,391$33,887
Viterbo University WI$58,347——
Vanderbilt University TN$47,518$58,149$41,000
Garrett-Evangelical Theological Seminary IL$47,658$57,987—
Covenant Theological Seminary MO$57,009$57,772$22,697
Liberty University VA$55,182$56,700$34,165
Westminster Theological Seminary in California CA$56,193——
Seattle Pacific University WA$42,510$55,836—
Southern Methodist University TX$57,158$55,347$48,249
Westminster Theological Seminary PA$47,304$55,338—
Campbell University NC$39,911$55,216—
Franciscan University of Steubenville OH$45,095$55,071$27,391
United Theological Seminary of the Twin Cities MN—$55,037—
Hellenic College-Holy Cross Greek Orthodox School of Theology MA—$54,403—
Bethel University MN$58,262$54,390$32,247
University of Chicago IL$45,873$53,796—
Lancaster Bible College PA$53,455—$24,780
Columbia Theological Seminary GA$45,566$53,161—
Nelson University TX$54,747$53,150$44,779
Lee University TN$51,107$52,697—
Ohio Christian University OH—$52,631—
Anderson University SC$52,478——
Southeastern University FL$52,255—$34,468
Christian Theological Seminary IN—$51,859—
Carolina University NC—$51,238—
Saint Leo University FL—$51,193—
Hope International University CA—$50,745—
Samford University AL$42,369$50,016$36,459
Pacific School of Religion CA—$49,474—
Starr King School for the Ministry CA$41,287$49,050—
Ashland University OH$41,134$47,883—
Louisville Presbyterian Theological Seminary KY$65,108$47,542—
Chicago Theological Seminary IL—$47,364—
Interdenominational Theological Center GA$61,067$47,138$70,725
Union Presbyterian Seminary VA$46,366——
Mount St. Mary's University MD$55,593$46,316—
Northwest University WA$46,203—$32,379
Northwest University-Center for Online and Extended Education WA$46,203—$32,379
Oral Roberts University OK$44,345—$28,097
Evangel University MO$44,169——
Pentecostal Theological Seminary TN—$43,960—
Milligan University TN$37,825$43,743—
Trevecca Nazarene University TN—$40,491—
Azusa Pacific University CA$53,639$36,869$107,759