Theological and Ministerial Studies at Covenant Theological Seminary
Master's Degree
covenantseminary.eduEarnings Distribution
How Covenant Theological Seminary graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Covenant Theological Seminary | $42,660 | $69,058 | +62% |
| Concordia Seminary | $95,127 | $90,218 | -5% |
| Midwestern Baptist Theological Seminary | $54,819 | $61,803 | +13% |
| Eden Theological Seminary | $42,834 | $51,763 | +21% |
| Evangel University | $37,136 | $44,336 | +19% |
Compare to Similar Programs in Missouri
Theological and Ministerial Studies masters's programs at peer institutions in Missouri (13 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
 Covenant Theological SeminarySaint Louis | — | $42,660 | $69,058 | — | — |
 Concordia SeminarySaint Louis | — | $95,127 | $90,218 | — | — |
 Midwestern Baptist Theological SeminaryKansas City | $9,400 | $54,819 | $61,803 | — | — |
 Nazarene Theological SeminaryKansas City | — | $47,492 | — | — | — |
 Eden Theological SeminaryWebster Groves | — | $42,834 | $51,763 | — | — |
 Evangel UniversitySpringfield | $27,192 | $37,136 | $44,336 | — | — |
| National Median | — | $48,372 | — | — | — |
Career Paths
Occupations commonly associated with theological and ministerial studies graduates
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.