Analysis
Engineering programs in Indiana typically start graduates around $75,000—a figure based on schools with reported outcomes—but DePauw's comparable programs nationally suggest first-year earnings closer to $68,000. That's a meaningful gap of roughly $7,000 in year one, though still respectable for engineering. The estimated debt load of about $26,500 translates to a manageable 0.39 debt-to-earnings ratio, meaning graduates would owe less than 40% of their first year's salary.
The real question is whether DePauw's liberal arts approach to engineering—which typically emphasizes breadth over the depth you'd get at a technical university—justifies potentially lower starting pay. For students planning graduate school or interdisciplinary careers, that trade-off might work. For those heading straight into traditional engineering roles, the $7,000 annual difference compounds quickly: over a decade, that's potentially $70,000+ in lost earnings, assuming similar growth rates.
Given the small engineering cohort (hence the suppressed data), verify that DePauw offers robust support for the specific engineering discipline your child wants. At this price point and with these estimated outcomes, you're banking on the value of DePauw's broader liberal arts network and smaller classes to eventually close that earnings gap.
Where DePauw University Stands
Earnings vs. debt across all engineering bachelors's programs nationally
Compare to Similar Programs in Indiana
Engineering bachelors's programs at peer institutions in Indiana (13 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $57,070 | $67,911* | — | $26,459* | — | |
| $10,136 | $74,976* | $78,008 | —* | — | |
| National Median | — | $67,911* | — | $26,056* | 0.38 |
Career Paths
Occupations commonly associated with engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Engineering Teachers, Postsecondary
Engineers, All Other
Energy Engineers, Except Wind and Solar
Mechatronics Engineers
Microsystems Engineers
Photonics Engineers
Robotics Engineers
Nanosystems Engineers
Wind Energy Engineers
Solar Energy Systems Engineers
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 national median of 47 similar programs. Actual outcomes may vary.