Schools with Three or More African American Graduates in 1991. We also studied whether different types of schools have different levels of debt. The average theological debt for these school types appears on Table 5. Average Theological Debt of 1991 Graduates by Type of School. There are some differences by type.
Mainline schools have higher debt levels than evangelical schools.
Within both the evangelical and mainline categories, non-denominational schools show higher debt levels than denominational schools. We also found, however, that the schools within each category vary widely. In each group there are some schools with high debt and others with low debt. The individual differences within each group are far larger than the average differences between groups. Yet again, then, debt proves difficult to predict by the characteristics of the school.