Master's · New York, New York

Is Theological and Ministerial Studies at Union Theological Seminary in the City of New York worth it?

Medium confidence Medium confidence: 40–99 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 13.9 years.

Earnings 1 year after graduating: $50,300; Treasury AY2020-21, AY2021-22 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Earnings 4 years after graduating: $76,340; Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Typical federal debt at graduation: $61,500; NSLDS pooled AY2022-23, AY2023-24 cohort
Typical borrowing (no graduate net price is published): $65k (likely $65k – $65k); AcadYr 2024-25, reported in IPEDS DCY2025-26
Earnings bump, year 4: $8k a year vs bachelor's graduates 4 years out in NY; 2023 ACS 5-year pooled, adjusted to 2024 dollars
Payback: 13.9 years (likely 8.8–20+); Bump vs net cost plus loan interest
10-year net return: −$203k (likely −$276k – −$118k); Today's dollars
20-year net return: −$63k (likely −$232k – $149k); Today's dollars

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