At $17,819/yr net price, Faith Baptist Bible College and Theological Seminary graduates earn $40,650/yr within 10 years of enrollment, which is $6,650/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $17,819 |
| Estimated 4-Year Cost | $71,276 |
| Median Earnings (10yr post-entry) | $40,650/yr |
| Earnings Premium vs. HS Diploma | +$6,650/yr |
| Estimated Break-Even | 10.7 years |
| Graduation Rate (6-year) | 61.1% |
| Median Debt at Graduation | $12,971 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $15,556/yr |
| $30,001 - $48,000 | $15,882/yr |
| $48,001 - $75,000 | $17,038/yr |
| $75,001 - $110,000 | $20,565/yr |
| $110,001+ | $23,509/yr |
The Risk Factor
61.1% of students at Faith Baptist Bible College and Theological Seminary graduate within 6 years. A significant share of students finish, but roughly 39% do not complete their degree.
Analysis
Faith Baptist Bible College sits in the mixed zone financially. At roughly $18,000 net per year, you'd pay around $72,000 for a four-year degree while your median earnings land at $40,650 a decade after enrolling. That gap is the core problem: the price is moderate, but the payoff is modest because this is a Bible college training you for ministry, church, and mission work, not high-paying fields.
The one number working strongly in your favor is debt. A median of $12,971 is low, well under one year's earnings. If you finish, you leave with a manageable loan balance, which softens the low-salary problem considerably. The 61% graduation rate and 80% retention mean most of you stick around, but four in ten don't finish,and a partial degree here is the worst financial outcome, since you carry debt without the credential.
This school makes financial sense if ministry is your actual goal and you accept ministry-level pay. The low debt means you won't be crushed by loans in a field that pays around $40,000. If you're choosing Faith because you want a strong salary return on your tuition, look elsewhere,the earnings here won't outrun what a state school in a higher-paying major would deliver.
On net price by income: the tiers are compressed at the bottom. If your family earns under $48,000, you'll pay close to $15,500-$15,900, barely different from the middle tier. The jump comes above $75,000, where you'll pay $20,565, and above $110,000, where it hits $23,509. Lower-income families get meaningful relief. higher-income families pay near sticker. Given the earnings ceiling, the higher-income tiers are where the value question gets hardest to answer.
Frequently Asked Questions
Is Faith Baptist Bible College and Theological Seminary worth the cost?
With graduates earning $40,650 ten years after enrollment and a net price of $17,819 annually, the financial return is below average for college graduates. The relatively low debt load of $12,971 helps, but career earnings may limit your ability to quickly recoup educational costs.
What is the job market like for Faith Baptist Bible College and Theological Seminary graduates?
Most graduates enter ministry, education, or nonprofit work where salaries tend to be lower than other fields. The median earnings of $40,650 reflect these career paths, which prioritize service over financial compensation.
How much debt do Faith Baptist Bible College and Theological Seminary students typically graduate with?
The median debt is $12,971, which is significantly lower than the national average of around $30,000. This manageable debt level helps offset the lower post-graduation earnings potential.
What is the graduation rate at Faith Baptist Bible College and Theological Seminary?
The graduation rate is 61.1%, which means about 4 in 10 students who start don't finish their degree. This completion rate is below the national average and represents a risk factor when considering the investment.