Analysis
Biology programs at Indiana's private liberal arts colleges can be expensive gambles, and DePauw illustrates why. With estimated first-year earnings around $36,000—drawn from state medians since DePauw's own graduate sample is too small to report—graduates face immediate debt service on $25,366 borrowed, creating a debt-to-earnings ratio of 0.70. That's manageable on paper, but it assumes graduates actually hit those estimated marks. The four-year earnings figure of $56,000 shows meaningful salary growth, yet that still lags behind what peer Indiana programs produce: Indiana State biology graduates start at $43,656, and even regional schools like University of Southern Indiana clock in above $38,000 in year one.
The selectivity here (54% admission rate, 1287 SAT average) suggests DePauw attracts strong students who might reasonably expect premium outcomes, but the estimated starting salary doesn't reflect any such premium—it merely tracks the state median. For a family paying private school prices, that's worth scrutinizing. The low Pell percentage (16%) means most families are full-pay or close to it, making the return on investment calculation even more critical.
If your child is committed to biology and DePauw specifically, press the career center for actual placement data—job types, graduate school acceptance rates, alumni outcomes. Without school-specific earnings data, you're essentially betting that DePauw's network and reputation will compensate for what appears to be middle-of-the-pack Indiana biology performance. That's a bet some families can afford to make, but go in with eyes open about the uncertainty.
Where DePauw University Stands
Earnings vs. debt across all biology bachelors's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| DePauw University | — | $56,002 | — |
| University of Indianapolis | $39,909 | $58,425 | +46% |
| Purdue University-Main Campus | $40,145 | $56,985 | +42% |
| Indiana University-Bloomington | $36,500 | $56,288 | +54% |
| University of Notre Dame | $32,876 | $54,374 | +65% |
Compare to Similar Programs in Indiana
Biology bachelors's programs at peer institutions in Indiana (42 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $57,070 | $36,161* | $56,002 | $25,366 | — | |
| $9,992 | $43,656* | $46,860 | $21,948 | 0.50 | |
| $9,992 | $40,145* | $56,985 | $20,380 | 0.51 | |
| $36,136 | $39,909* | $58,425 | $27,000 | 0.68 | |
| $35,600 | $39,067* | — | $23,250 | 0.60 | |
| $10,136 | $38,985* | $49,171 | $23,375 | 0.60 | |
| National Median | — | $32,316* | — | $25,000 | 0.77 |
Career Paths
Occupations commonly associated with biology graduates
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Medical Scientists, Except Epidemiologists
Biological Science Teachers, Postsecondary
Forensic Science Technicians
Secondary School Teachers, Except Special and Career/Technical Education
Biological Technicians
Agricultural Technicians
Precision Agriculture Technicians
Food Science Technicians
Biological Scientists, All Other
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At DePauw University, approximately 16% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 17 similar programs in IN. Actual outcomes may vary.