The Master's University and Seminary vs Simpson University: which has better ROI?
The Master's University and Seminary has the better ROI: it clears its 4-year net cost of $130,588 in 14.9 years versus 18.6 years at Simpson University, on median earnings of $57,106 vs $54,340 ten years out. (Scorecard, 2026 · our math.)
| Measure | The Master's University and Seminary | Simpson University |
|---|---|---|
| Net price / yr | $32,647 | $27,817 |
| Total net cost | $130,588 | $111,268 |
| Median earnings, 10 yrs | $57,106 | $54,340 |
| Median debt | $20,500 | $18,750 |
| Payback | 14.9 yrs | 18.6 yrs |
| 20-year net return | $44,332 | $8,332 |
College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.
Which is cheaper, The Master's University and Seminary or Simpson University?
Simpson University, at $27,817 a year after aid versus $32,647 — a gap of $4,830 a year, or $19,320 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.
Do The Master's University and Seminary or Simpson University graduates earn more?
The Master's University and Seminary graduates report a median $57,106 ten years after entry, $2,766 more than the $54,340 at Simpson University. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.
Which leaves students with less debt, The Master's University and Seminary or Simpson University?
Simpson University: its completers carry a median $18,750 in federal loans versus $20,500 at The Master's University and Seminary, a difference of $1,750. The figure counts students who finished; it excludes private loans and anyone who left before graduating.
Which graduates more of its students?
68% of students finish at The Master's University and Seminary, against 49% at Simpson University. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.