Master's · South Hamilton, Massachusetts

Is Theological and Ministerial Studies at Gordon-Conwell Theological Seminary worth it?

High confidence High confidence: 100+ graduates behind the earnings figures.

The verdict · all families, in-state, half paid with loans

Pays back slowly: graduates typically recover the cost in about 10.3 years.

Earnings 1 year after graduating
$61,117
Treasury AY2020-21, AY2021-22 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Earnings 4 years after graduating
$78,704
Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Typical federal debt at graduation
$30,750
NSLDS pooled AY2022-23, AY2023-24 cohort
Typical borrowing (no graduate net price is published)
$33k (likely $33k – $33k)
AcadYr 2024-25, reported in IPEDS DCY2025-26
Earnings bump, year 4
$6k a year vs bachelor's graduates 4 years out in MA
2023 ACS 5-year pooled, adjusted to 2024 dollars
Payback
10.3 years (likely 6.9–20+)
Bump vs net cost plus loan interest
10-year net return
−$162k (likely −$223k – −$98k)
Today's dollars
20-year net return
−$31k (likely −$180k – $131k)
Today's dollars

Change income, residency or loans Compare Theological and Ministerial Studies at other schools

Scorecard reports no net price for graduate programs; cost is based on what graduates typically borrowed.