Theological and Ministerial Studies at Concordia Theological Seminary
Master's Degree
Earnings Distribution
How Concordia Theological Seminary graduates compare to all programs nationally
Concordia Theological Seminary graduates earn $80k, placing them in the 95th percentile of all theological and ministerial studies masters programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in Indiana
Theological and Ministerial Studies masters's programs at peer institutions in Indiana (15 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Concordia Theological Seminary | $79,744 | $86,133 | — | — |
| Indiana Wesleyan University-Marion | $57,119 | — | — | — |
| Indiana Wesleyan University-National & Global | $57,119 | — | — | — |
| Bethel University | $47,373 | — | — | — |
| University of Notre Dame | $43,439 | — | — | — |
| National Median | $48,372 | — | — | — |
Other Theological and Ministerial Studies Programs in Indiana
Compare tuition, earnings, and debt across Indiana schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Indiana Wesleyan University-Marion Marion | $31,168 | $57,119 | — |
| Indiana Wesleyan University-National & Global Marion | $8,216 | $57,119 | — |
| Bethel University Mishawaka | $33,320 | $47,373 | — |
| University of Notre Dame Notre Dame | $62,693 | $43,439 | — |
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.