McCormick Theological Seminary

www.mccormick.edu

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2019 Student Loan

4.88%

Default Rate

2021 Enrolled Students

203

25.1% Full-Time

About

McCormick Theological Seminary is a higher education institution located in Cook County, IL. In 2021, the most popular Other Doctorate concentrations at McCormick Theological Seminary were Pastoral Studies & Counseling (22 degrees awarded).

In 2021, 49 degrees were awarded across all undergraduate and graduate programs at McCormick Theological Seminary. 49% of these degrees were awarded to women, and 51% awarded men. The most common race/ethnicity group of degree recipients was black or african american (20 degrees), 2 times more than then the next closest race/ethnicity group, asian (10 degrees).

Special Focus Four-Year: Faith-Related Institutions Special Focus Institutions

Costs

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

4.88%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at McCormick Theological Seminary was 4.88%, which represents 2 out of the 41 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Enrollment

McCormick Theological Seminary had a total enrollment of 203 students in 2021. The full-time enrollment at McCormick Theological Seminary is 51 students and the part-time enrollment is 152. This means that 25.1% of students enrolled at McCormick Theological Seminary are enrolled full-time.

The enrolled student population at McCormick Theological Seminary, both undergraduate and graduate, is 44.3% Black or African American, 19.7% Asian, 13.3% White, and 10.3% Hispanic or Latino.

Students enrolled in full-time Graduate programs are most commonly Black or African American Female (19.6%), followed by Black or African American Male (9.8%) and White Male (9.8%).

Full-Time vs Part-Time Enrollment

25.1%

Full-Time Enrollment

The total enrollment at McCormick Theological Seminary in 2021, both undergraduate and graduate, is 203 students. The full-time enrollment at McCormick Theological Seminary is 51 and the part-time enrollment is 152. This means that 25.1% of students enrolled at McCormick Theological Seminary are enrolled full-time compared with 69.7% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at McCormick Theological Seminary (in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

Black or African American
90 enrolled students
Asian
40 enrolled students
White
27 enrolled students

The enrolled student population at McCormick Theological Seminary is 44.3% Black or African American, 19.7% Asian, 13.3% White, and 10.3% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 43.6% White, 18.4% Hispanic or Latino, and 14% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 0 students (0%) did not report their race.

Graduates

In 2021, 1 fewer women than men received degrees from McCormick Theological Seminary. The most common race/ethnicity group of degree recipients at McCormick Theological Seminary is black or african american (20 degrees awarded). There were 2 times more black or african american recipients than the next closest race/ethnicity group, asian (10 degrees).

The most common Other Doctorate concentration at McCormick Theological Seminary is Pastoral Studies & Counseling (22 degrees awarded).

In 2021, the most specialized majors across all degree types at McCormick Theological Seminary, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are THEOLOGY AND RELIGIOUS VOCATIONS. (49 degrees awarded).

Common Jobs by Major

Clergy

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at McCormick Theological Seminary are Clergy (74,913 people), Elementary & middle school teachers (9,382 people), Other managers (6,124 people), Postsecondary teachers (4,629 people), and Driver/sales workers & truck drivers (4,624 people).

The most specialized majors at McCormick Theological Seminary in 2021 are THEOLOGY AND RELIGIOUS VOCATIONS. (49 degrees awarded) (as of 2021).

Highest Paying Jobs by Major

Cardiovascular technologists and technicians

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at McCormick Theological Seminary are Cardiovascular technologists and technicians, Nuclear medicine technologists and medical dosimetrists, Physicians, Diagnostic medical sonographers, and Securities, commodities, & financial services sales agents

The most specialized majors at McCormick Theological Seminary are THEOLOGY AND RELIGIOUS VOCATIONS. (49 degrees awarded) (as of 2021).

Common Industries by Major

Religious organizations

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at McCormick Theological Seminary are Religious organizations (82,439 people), Elementary & secondary schools (21,631 people), Colleges, universities & professional schools, including junior colleges (11,207 people), Construction (8,507 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (8,372 people).

The most specialized majors at McCormick Theological Seminary are THEOLOGY AND RELIGIOUS VOCATIONS. (49 degrees awarded) (as of 2021).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by McCormick Theological Seminary.

Most Common (2021)

Divinity & Ministry
15 degree-majors awarded
Other Theological & Ministerial Studies
7 degree-majors awarded
Theological Studies
5 degree-majors awarded

In 2021, the most common masters degree concentration at McCormick Theological Seminary was Divinity & Ministry with 15 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from masters degree programs at McCormick Theological Seminary according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

Degrees Awarded to Women

in 2021

In 2021, 25 degrees were awarded to men at McCormick Theological Seminary, which is 1.04 times more than the number of degrees awarded to females (24).

This chart displays the sex disparity between the top 5 majors at McCormick Theological Seminary by degrees awarded.

Most Common Male Majors

In 2021, 12 degrees were awarded to men at McCormick Theological Seminary in Pastoral Studies & Counseling, which is 1.2 times more than the 10 female recipients with that same degree.

Most Common Female Majors

In 2021, 10 degrees were awarded to men at McCormick Theological Seminary in Pastoral Studies & Counseling, which is 0.833 times less than the 12 male recipients with that same degree.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

Black or African American
20 degrees awarded
Asian
10 degrees awarded
White
9 degrees awarded

The most common race/ethnicity at McCormick Theological Seminary is black or african american (20 degrees awarded). There were 2 times more black or african american recipients than the next closest race/ethnicity group, asian (10 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

Black or African American Female
12 degrees awarded
Black or African American Male
8 degrees awarded
Asian Male
7 degrees awarded

The most common race/ethnicity and sex grouping at McCormick Theological Seminary is black or african american female (12 degrees awarded). There were 1.5 times more black or african american female recipients than the next closest race/ethnicity group, black or african american male (8 degrees).

Operations

McCormick Theological Seminary has an endowment valued at nearly $91M, as of the end of the 2021 fiscal year. The return on its endowment was of 22.5M (24.7%) compared to the 4.56% average return (574k on 12.6M) across all Special Focus Institutions.

In 2021, McCormick Theological Seminary had a total salary expenditure of 7.49M. McCormick Theological Seminary employs 6 Professors, 3 Associate professors and 2 Assistant professors. Most academics at McCormick Theological Seminary are Male Professor (4), Female Associate professor (3), and Female Professor (2).

The most common positions for non-instructional staff at McCormick Theological Seminary are: Office and Administrative Support, with 10 employees, Management, with 6 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 3 employees.

Endowment

$91M

2021 Endowment

21.4%

growth from 2020

McCormick Theological Seminary has an endowment valued at about $91M, as of the end of the 2021 fiscal year. The endowment of McCormick Theological Seminary grew 21.4% from the previous year. The value of their endowment was $78.4M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at McCormick Theological Seminary (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Faith-Related Institutions Carnegie Classification grouping.

Salary Expenditure

$3.23M

2021 Salaries

7.89%

decline from 2020

In 2021, McCormick Theological Seminary paid a median of $3.23M in salaries, which represents 43.1% of their overall expenditure ($7.49M) and a 7.89% decline from the previous year.

The median for similar Special Focus Institutions is 3.06M (42.8% of overall expenditures).

Instructional Salaries

$1.06M

Instructional Salaries

Number of Employees

In 2021, McCormick Theological Seminary paid a total of $1.06M to 12 employees working as instructors, which represents 32.8% of all salaries paid.

This is compared to a median of $871k (28.4%) for similar Special Focus Institutions.

Occupations by Share

Professor

Most Common Instructor

6 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

10 Employees

In 2021, the most common positions for instructional staff at McCormick Theological Seminary were Professor with 6 employees, Associate professor with 3 employees, and Assistant professor with 2 employees.

In 2021, the most common positions for non-instructional staff at McCormick Theological Seminary were Office and Administrative Support with 10 employees, Management with 6 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 3 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Female Associate professor
Female Professor

In 2021, the most common demographic for instructional staff at McCormick Theological Seminary was Male Professor with 4 employees, Female Associate professor with 3 employees, and Female Professor with 2 employees.

This chart shows the sex split between each academic rank present at McCormick Theological Seminary.