Median Earnings (1yr)
$45,874
95th percentile (60th in IN)
Median Debt
$19,000
26% below national median
Debt-to-Earnings
0.41
Manageable
Sample Size
22
Limited data

Analysis

Notre Dame's theology program carries remarkably low debt—just $19,000 compared to the $25,750 national median—which matters significantly given that ministry careers typically start around $46,000. That debt-to-earnings ratio of 0.41 is manageable even on a pastoral salary, and you're looking at graduates earning $14,000 more than the national median for this field. The university's elite status clearly lifts outcomes: 95th percentile nationally for both high earnings and low debt is exceptional for theological studies.

The caveat here is Indiana context. While Notre Dame outperforms most theology programs nationwide, it actually sits right at the state median for earnings. Indiana has several seminary and religious colleges, and apparently their graduates enter similar ministry positions regardless of institutional prestige. The flat earnings trajectory—essentially no growth from year one to year four—is typical for early ministry work, where salary scales tend to be predetermined rather than merit-based.

With under 30 graduates in this dataset, treat these numbers as directional rather than definitive. But the fundamental story holds: if your child is committed to ministry or theological scholarship, Notre Dame offers that path with less financial burden than most programs. The combination of institutional resources, alumni networks, and manageable debt creates room to pursue a vocation that won't make you wealthy but shouldn't trap you in financial stress either.

Where University of Notre Dame Stands

Earnings vs. debt across all theological and ministerial studies bachelors's programs nationally

University of Notre DameOther theological and ministerial 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 University of Notre Dame graduates compare to all programs nationally

University of Notre Dame graduates earn $46k, placing them in the 95th percentile of all theological and ministerial studies bachelors 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 bachelors's programs at peer institutions in Indiana (14 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of Notre Dame$45,874$46,078$19,0000.41
National Median$32,211—$25,7500.80

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 University of Notre Dame, approximately 12% 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 22 graduates with reported earnings and 35 graduates with debt data. Small samples may not be representative.