Their debt will resemble that of others in their school rather than each other's. Average Theological Debt for 1991 Master of Divinity Graduates, by School. Schools with Five or More Graduates. Average Theological Debt for 1991 Two-Year Masters Degree Graduates, by School. Schools with Five or More Graduates.
Schools vary widely in the average level of debt of their graduates.
Figure 4 and Figure 5 present these findings graphically. Because debt is so strongly linked to the school a student chooses to attend, we tried to discover what factors affect a school's debt level. We tested several hypotheses. Though we could think of reasons that debt level might be linked to such factors as the school's financial aid practices, the size of its endowment, or the ratio of financial aid grants to tuition charges and living costs, none of these turned out to predict a school's level of debt with any regularity. Average Theological Debt of 1991 Master of Divinity Graduates.