Updated March 2026 · College Scorecard data
Is Theological and Ministerial Studies Worth It?
Theological and Ministerial Studies lands in the middle with a national average ROI Score of 59/100 across 22 reporting schools — a Grade C profile where outcomes vary sharply by institution, and school choice matters more than usual. Across the field, median debt is $25K against $40K in first-year earnings — a healthy debt load — repayment falls comfortably under the 8% rule on a standard 10-year plan.
Theological and Ministerial Studies ROI at a Glance
lands in the middle with a national average ROI Score of 59/100 across 22 reporting schools — a Grade C profile where outcomes vary sharply by institution, and school choice matters more than usual. The graduation-weighted average across reporting institutions is the cleanest single number for the field, but it hides the spread — top programs like Ascent College run far ahead of the bottom of the table. School choice within Theological and Ministerial Studies matters because the major-level number is a starting point, not a prediction.
Earnings rise sharply from $40K in year 1 to $54K by year 5 — 34% growth in four years. That is a strong promotion curve, common in technology, engineering, and finance tracks where early-career skill compounding pays off fast. The five-year earnings trajectory is one of the strongest signals of long-run career fit; a flat curve suggests the major leads to roles where seniority does not pay off without graduate credentials, while a steep curve indicates fast skill compounding inside the field.
Best in field: Ascent College leads the field with a 64/100 ROI Score (Grade C). Median debt at completion is $8K against $40K in first-year earnings — a debt-to-income ratio of 0.20x. Worst in field: Carolina College of Biblical Studies sits at the bottom of the field with a 50/100 ROI Score (Grade C). Median debt at completion is $36K against $40K in first-year earnings — a debt-to-income ratio of 0.89x.
Debt-to-Income at the Field Level
At a debt-to-earnings ratio of 0.63x, Theological and Ministerial Studies shows a healthy debt load — repayment falls comfortably under the 8% rule on a standard 10-year plan. Federal financial-aid research uses the “8% rule” — monthly student loan payments under 8% of gross monthly income — which translates to debt below roughly 0.75x annual earnings on a standard 10-year plan. Programs running above 1.0x typically need income-driven repayment to stay current; above 1.5x, the math rarely works without forgiveness mechanics or an unusually steep career ramp. For borrower-rights and repayment guidance, the Consumer Financial Protection Bureau is the most accessible federal source.
Debt vs Earnings by School
Theological and Ministerial Studies by School
| School | State | Median Debt | Year 1 Earnings | Year 5 Earnings | ROI Grade | Verdict |
|---|---|---|---|---|---|---|
| Ascent College | Va | $8K | $40K | $54K | C | BUY |
| Allegheny Wesleyan College | Oh | $20K | $40K | $54K | C | BUY |
| America Evangelical University | Ca | $22K | $40K | $54K | C | BUY |
| Baptist University of Florida | Fl | $21K | $40K | $54K | C | BUY |
| Bacone College | Ok | $22K | $40K | $54K | C | BUY |
| Bethlehem College & Seminary | Mn | $24K | $40K | $54K | C | BUY |
| Boise Bible College | Id | $24K | $40K | $54K | C | BUY |
| Christ Mission College | Tx | $24K | $40K | $54K | C | BUY |
| Ave Maria University | Fl | $25K | $40K | $54K | C | CAUTION |
| Barclay College | Ks | $25K | $40K | $54K | C | CAUTION |
| Belmont Abbey College | Nc | $26K | $40K | $54K | C | CAUTION |
| Biola University | Ca | $27K | $40K | $54K | C | CAUTION |
| Bob Jones University | Sc | $24K | $40K | $54K | C | CAUTION |
| Briar Cliff University | Ia | $26K | $40K | $54K | C | CAUTION |
| Clarks Summit University | Pa | $26K | $40K | $54K | C | CAUTION |
| Calvary University | Mo | $29K | $40K | $54K | C | CAUTION |
| Central Christian College of the Bible | Mo | $28K | $40K | $54K | C | CAUTION |
| Columbia International University | Sc | $27K | $40K | $54K | C | CAUTION |
| Brescia University | Ky | $29K | $40K | $54K | C | CAUTION |
| Cairn University-Langhorne | Pa | $31K | $40K | $54K | C | CAUTION |
| Benedictine College | Ks | $33K | $40K | $54K | C | CAUTION |
| Carolina College of Biblical Studies | Nc | $36K | $40K | $54K | C | CAUTION |
How Theological and Ministerial Studies’s ROI Score Is Calculated
The Theological and Ministerial Studies ROI Score is a weighted composite of five financial-aid signals: debt-to-income (35%), earnings premium over a high-school diploma (25%), 10-year BLS job-growth outlook (20%), graduation rate (10%), and debt vs. the national average (10%). Each school + major combination is scored individually, then aggregated up to the field level. The grade thresholds (A ≥ 80, B ≥ 65, C ≥ 50, D ≥ 35, F < 35) are calibrated so a typical break-even degree lands in the C range. Read the full methodology.
Frequently Asked Questions
Is a Theological and Ministerial Studies degree worth it?
Theological and Ministerial Studies lands in the middle with a national average ROI Score of 59/100 across 22 reporting schools — a Grade C profile where outcomes vary sharply by institution, and school choice matters more than usual. The dominant signal is debt-to-income: at a debt-to-earnings ratio of 0.63x on average, the field shows a healthy debt load — repayment falls comfortably under the 8% rule on a standard 10-year plan. Outcomes vary sharply by institution, so the school you choose within Theological and Ministerial Studies usually matters more than the major label itself.
What is the average debt for a Theological and Ministerial Studies degree?
Median debt at completion across the 22 U.S. schools reporting Theological and Ministerial Studies data to the College Scorecard is $25K, against a national all-major average of $26K. The range across schools is wide — $8K at the top of the table to $36K at the bottom.
How much do Theological and Ministerial Studies graduates earn?
Earnings rise sharply from $40K in year 1 to $54K by year 5 — 34% growth in four years. That is a strong promotion curve, common in technology, engineering, and finance tracks where early-career skill compounding pays off fast. National average first-year earnings across all 30,224 school + major combinations on the site is $58K — for context, Theological and Ministerial Studies sits below that benchmark.
Which school has the best Theological and Ministerial Studies program by ROI?
Ascent College leads the field with a 64/100 ROI Score (Grade C). Median debt at completion is $8K against $40K in first-year earnings — a debt-to-income ratio of 0.20x. On the other end, Carolina College of Biblical Studies sits at the bottom of the field with a 50/100 ROI Score (Grade C). Median debt at completion is $36K against $40K in first-year earnings — a debt-to-income ratio of 0.89x.
Where does this Theological and Ministerial Studies data come from?
Every figure on this page comes from federal public datasets — the U.S. Department of Education College Scorecard (collegescorecard.ed.gov) for debt and earnings, IPEDS (nces.ed.gov/ipeds) for graduation rates, and BLS Employment Projections for the job-growth outlook component of the ROI Score. Borrower-rights guidance: the Consumer Financial Protection Bureau (consumerfinance.gov). The dataset was last refreshed March 2026.
Sources: U.S. Department of Education College Scorecard and IPEDS, Bureau of Labor Statistics Employment Projections, Consumer Financial Protection Bureau. All federal datasets are public domain.
Last updated 2026-03-15 · 22 schools reporting for this major.