At $18,406/yr net price, Grace College and Theological Seminary graduates earn $45,411/yr within 10 years of enrollment, which is $11,411/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $18,406 |
| Estimated 4-Year Cost | $73,624 |
| Median Earnings (10yr post-entry) | $45,411/yr |
| Earnings Premium vs. HS Diploma | +$11,411/yr |
| Estimated Break-Even | 6.5 years |
| Graduation Rate (6-year) | 69.9% |
| Median Debt at Graduation | $19,500 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $6,409/yr |
| $30,001 - $48,000 | $10,952/yr |
| $48,001 - $75,000 | $15,080/yr |
| $75,001 - $110,000 | $22,537/yr |
| $110,001+ | $26,101/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Quality Control and Safety Technologies/Technicians. | Master | $76,460 | |
| Accounting and Related Services. | Bachelor | $55,770 | $19,500 |
| Business Administration, Management and Operations. | Bachelor | $43,240 | $18,097 |
| Bible/Biblical Studies. | Master | $38,289 | |
| Teacher Education and Professional Development, Specific Levels and Methods. | Bachelor | $36,938 | $15,250 |
| Marketing. | Bachelor | $35,060 | $19,500 |
| Teacher Education and Professional Development, Specific Subject Areas. | Bachelor | $33,637 | |
| Mental and Social Health Services and Allied Professions. | Master | $33,281 | $55,130 |
| Special Education and Teaching. | Bachelor | $32,925 | |
| Criminal Justice and Corrections. | Bachelor | $30,650 | $23,250 |
The Risk Factor
69.9% of students at Grace College and Theological Seminary graduate within 6 years. A significant share of students finish, but roughly 30% do not complete their degree.
Analysis
Grace College and Theological Seminary gives you a mixed financial picture that leans safe on debt but modest on payoff. You leave with median debt of $19,500 against median earnings of $45,411 ten years out, so your loan balance is a little under half your annual pay. That ratio keeps repayment manageable, and the 69.9% graduation rate plus 80% retention mean you have a decent shot at actually finishing and getting to those earnings.
Your major decides everything here. Accounting is the clear winner at $55,770, more than $20,000 above the two teacher education tracks near the bottom. Business administration and marketing land in the middle-to-low $40,000s and mid-$30,000s. The two teaching programs both pay under $37,000 while still carrying $15,000-plus in debt, so if you enter education at Grace, expect tight finances early. Accounting also carries the full $19,500 debt load, but its salary absorbs that far better than marketing does at the same debt level.
The main risk is that most listed programs cluster in the $33,000-$43,000 range, which is a thin cushion over a private-college net price of $18,406 a year. If you borrow the median and land in teaching or marketing, your return is weak.
Income tier matters a lot. If your family earns under $30,000, you pay $6,409 a year, and Grace becomes affordable. Between $48,000 and $75,000 you pay about $15,000, and above $110,000 you pay $26,101 , closer to sticker and harder to justify unless you target accounting or business.
Grace fits you if you plan on accounting or business and come from a lower-income household. Look elsewhere if you want to teach and would pay the upper-tier net price.
Frequently Asked Questions
Is Grace College and Theological Seminary worth the cost?
Grace College's ROI depends heavily on your major. Quality Control and Safety Technologies graduates earn $76,460 annually, making the $19,500 median debt manageable, while Bible Studies majors average only $38,289 with the same debt load.
What is the return on investment for Grace College and Theological Seminary graduates?
Grace College graduates earn $45,411 on average ten years after graduation, which is below the national average for college graduates. The school's 70% graduation rate and relatively low debt burden of $19,500 help offset the modest earnings.
Which programs at Grace College and Theological Seminary have the best job prospects?
Quality Control and Safety Technologies offers the strongest earning potential at $76,460 annually, followed by Accounting at $55,770. Education and Biblical Studies programs show significantly lower returns despite similar costs.
How much debt do Grace College and Theological Seminary students typically graduate with?
Grace College students graduate with a median debt of $19,500, which is below the national average. However, with average earnings of $45,411, students in lower-paying majors like Biblical Studies may struggle with repayment.