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| "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.
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| "What if we go multi-cultural?" |
