Student Outcomes
- Retention Rate
- 60.0%
- Median Earnings (10 years after entry)
- $47,003
- Median Debt at Graduation
- $34,153
- Student-to-Faculty Ratio
- 10:1
- Loan Repayment Rate
- 26.0%
- Estimated Monthly Loan Payment
- $362/mo
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Bible/Biblical Studies. | Master | $53,358 | |
| Theological and Ministerial Studies. | Master | $48,823 | $41,000 |
| Pastoral Counseling and Specialized Ministries. | Master | $35,701 | $41,000 |
| Bible/Biblical Studies. | Bachelor | $27,126 | $30,955 |
Outcomes Overview
Luther Rice graduates enter ministry roles with a median debt of $34,153 against median earnings of $47,003 ten years out. The debt-to-earnings ratio of 0.73 sits above the national average of 0.5 for college graduates. Monthly loan payments of $362 consume roughly 9% of typical graduate income. The seminary's Baptist affiliation channels most alumni into pastoral ministry, Christian education, or nonprofit religious work. These fields traditionally offer lower compensation than secular careers. An 84.3% employment rate shows strong job placement in ministry roles. The 26% loan repayment rate signals financial strain among borrowers. For students called to ministry, Luther Rice provides affordable training, but the return on investment remains weak compared to broader higher education outcomes.