Median Earnings (1yr)
$18,339
5th percentile
Median Debt
$11,998
53% below national median
Debt-to-Earnings
0.65
Manageable
Sample Size
32
Adequate data

Analysis

Elim's biblical studies program produces graduates earning just $18,339 one year after completion—less than half the national median for this degree. While that places this program in the bottom 5% nationally, context matters: it actually represents the median outcome for New York's (admittedly tiny) biblical studies market, where only two schools offer this associate's degree.

The financial picture here is stark. These earnings fall well below living wage thresholds in most of New York, and even the relatively modest $12,000 in debt creates a meaningful burden at this income level. Nearly half of students receive Pell grants, suggesting many families are already financially stretched before taking on additional debt. The national comparison shows what's possible—other programs achieve median earnings above $30,000—but New York students in this field consistently see lower returns.

For parents, this calls for uncomfortable conversations about post-graduation plans. If your child is pursuing ministry or mission work where compensation isn't the primary consideration, understand they'll likely need family support or additional employment. If the goal is self-sufficiency through church employment, investigate specific job placement outcomes and whether graduates typically need bachelor's degrees to advance into viable positions. The open admission and supportive environment may serve students well pastorally, but the economic pathway from this degree to financial independence isn't clear.

Where Elim Bible Institute and College Stands

Earnings vs. debt across all bible/biblical studies associates's programs nationally

Elim Bible Institute and CollegeOther bible/biblical studies programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Elim Bible Institute and College graduates compare to all programs nationally

Elim Bible Institute and College graduates earn $18k, placing them in the 5th percentile of all bible/biblical studies associates programs nationally.

Compare to Similar Programs in New York

Bible/Biblical Studies associates's programs at peer institutions in New York (2 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Elim Bible Institute and College$18,339—$11,9980.65
National Median$30,154—$25,3050.84

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). At Elim Bible Institute and College, approximately 47% of students receive Pell grants. 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.

Sample Size: Based on 32 graduates with reported earnings and 42 graduates with debt data. Small samples may not be representative.