CIP 3906 · Master's Degree · Ashland University

Theological and Ministerial Studies at Ashland University

Federal outcomes for master's degree graduates of Ashland University. 14 completers in the most recent 4-year window (28 in the latest year alone). Median earnings 5 years after completion: $67,517.

MEDIAN EARNINGS · 5Y
$67,517
Ohio CIP-4 median $63,663
MEDIAN EARNINGS · 4Y
$61,541
Treasury · 4y post-completion
MEDIAN FEDERAL DEBT
$53,598
At program completion
COMPLETERS · 4Y WINDOW
14
28 most recent year
DEBT-TO-EARNINGS

What this program's debt costs its graduates

Annual debt service as a share of median 5-year-post-completion earnings, computed under federal Direct loan terms (10-year fixed at 6%). The 8% line is the gainful-employment threshold from federal regulation.

This program at Ashland University

10.6%
0%8% · GE20%+

Median federal debt $53,598 amortized over 10 years vs. median 5-year earnings $67,517.

Statewide CIP-4 peer median

11.2%
0%8% · GE20%+

Same debt against the Ohio CIP 3906 peer-median earnings $63,663.

SECTION 02 · PROGRAM HISTORY

How this program has shifted

Federal Field-of-Study history covers 2014–15 onward. Vintage-by-vintage values for earnings, debt, and completers.

DEBT · 20142018$53,598
$53,598$44,53020142018
Median federal debt at program exit.FoS
COMPLETERS · 2014201914
421420142019
Annual completers (IPEDS C).IPEDS
DEBT_MEDIAN · 20142018+20%

Theological and Ministerial Studies at Ashland University · debt_median rose

44,530 → 53,598

FINANCIAL OUTCOME · ILLUSTRATION

Estimate the financial outcome of this program

Cost from Scorecard net price by family income; earnings from Treasury 5-year-post-completion median, projected forward with a Mincer age-earnings curve. Selection-bias toggle applies the Dale-Krueger shrinkage. This is an outcomes illustration, not a forecast — see methodology.

Shrinks the earnings premium toward the matched-applicant mean. STEM <15%, business ~40%, arts & education ~60%.

NET PRESENT VALUE
$383,267
Over 40 years, discounted 5.0%
BREAKEVEN
Year 15
First year cumulative discounted earnings cross zero
graduationbreakeven · year 15year 0year 39
Cost per year
$22,000
HS-only baseline · OH
$36,400
Years to complete
6
CIP family
39

Outcomes illustration · not a forecast. Projects observed Scorecard earnings forward with a Mincer age-earnings curve under your assumptions. See methodology for the math.

PEER COMPARISON · CIP 3906

Theological and Ministerial Studies across Ohio institutions

Same CIP-4 code and credential level, all Ohio Title-IV institutions where Scorecard publishes outcomes. Cohort floor is 30 students.

SUPPRESSION & SELECTION

What this page tells you, and what it doesn't

Earnings are median annual earnings of federally aided students who completed this program at this institution, drawn from federal tax records. They describe cohorts. They do not predict your earnings, and they do not claim that this program caused those outcomes — selection effects (who enrolls, who finishes, what fields they enter) dominate cross-program differences. Em-dashes mean the federal data was suppressed because the cohort was below the 30-student floor.

Methodology →