Divinity, Ministry Degree from Moody Bible Institute Return on Investment
See what the return on investment is for jobs that someone with a Divinity, Ministry degree from Moody Bible Institute is likely to work in.
Top job projections for graduates in divinity, ministry from moody bible institute
Clergy
Projection Rating: B-
Median Annual Wage: $58,920
Percentage of Paycheck to Repay: 19.48%-14.50%
Employment Change: 6.5%
Entry-Level Education: Bachelor's degree
Religious workers, all other
Projection Rating: D+
Median Annual Wage: $37,960
Percentage of Paycheck to Repay: 30.24%-22.50%
Employment Change: 1.9%
Entry-Level Education: Bachelor's degree
The pursuit of a Divinity or Ministry degree from Moody Bible Institute is not just an academic journey; it’s an investment in your future and the future of your community. As one of the leading institutions for biblical education, Moody Bible Institute equips students with the theological knowledge and practical skills necessary for effective ministry. But what does this mean in terms of return on investment (ROI)?
When considering a degree from Moody, it’s essential to evaluate the long-term benefits it offers. Graduates emerge with a robust understanding of scripture, leadership skills, and the ability to apply their faith in practical settings. This holistic education prepares students for various roles within churches, nonprofits, and other ministry-related organizations. Such versatility can significantly enhance employment opportunities and earning potential.
According to recent studies, graduates from Moody Bible Institute report an impressive employment rate within their fields shortly after graduation. Many alumni find positions in pastoral roles, youth ministry, missions, and educational institutions. The skills gained during the program not only prepare students for immediate job placement but also foster long-term career growth.
Additionally, Moody's strong alumni network provides ongoing support and connections that can lead to further career advancement. Many graduates find mentorship and job opportunities through fellow alumni, enhancing their professional journey. This community aspect is a valuable resource that contributes to the overall ROI of a degree from Moody.
Financially, while the initial investment in a Divinity or Ministry degree may seem substantial, the potential for higher earning power and job stability makes it a worthwhile consideration. Graduates often find that their roles in ministry and related fields bring not just financial rewards but also deep personal fulfillment, which is often immeasurable.
In summary, a Divinity or Ministry degree from Moody Bible Institute is more than just a credential; it is a transformative experience that yields significant returns in both career opportunities and personal growth. By investing in your education at Moody, you are not only preparing for a vocation but also for a life dedicated to service and leadership in your community.
Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.