Saturday, February 23, 2013

One of the Worst Degrees - Return on Investment.
Best ROI - Fuller or Trinity Divinity - in the WELS/LCMS/ELS

"MDiv from our seminary?
Sorry - we do not want you now.
Too bad about all that debt."


bruce-church (https://bruce-church.myopenid.com/) has left a new comment on your post "LCMS Seminary Cost Scandal: Fabulous Costs To Supp...":

A Theology Degree is the degree with the fifth worst Return on Investment (ROI), but that's assuming it's just a 4-year degree for comparison purposes. If eight years of schooling were assumed before one could obtain a decent job, and a pricey education at private colleges and seminaries rather than state schools were assumed, the formula would judge it to be the degree with the worst ROI by far:

5. Religious Studies/Theology Degree 5th Worst ROI:

http://salary.com/8-college-degrees-with-the-worst-return-on-investment/slide/6/

Methodology/Formula:

http://salary.com/8-college-degrees-with-the-worst-return-on-investment/slide/2/


To determine ROI, we subtracted the cost of the degree from the gains over 30 years, then divided that figure by cost.

Using data from a recent College Board study, we assigned a figure of $37,343 as an average cost of a four-year public liberal arts degree, and a figure of $121,930 for degrees earned at four-year private colleges.

"What if we go multi-cultural?"