Analysis
A Computer Science degree typically justifies moderate debt, but Earlham's estimated $26,500 burden sits above both the national and state medians for this major—despite peer programs in Indiana suggesting first-year earnings around $68,500. That debt-to-earnings ratio of 0.39 isn't alarming on its own, but it means graduates likely start with monthly payments near $300, a meaningful chunk of an early-career tech salary that lags well behind what students earn at Rose-Hulman ($100,000+) or Purdue ($95,000).
The real question is whether Earlham's small liberal arts environment—reflected in that 74% admission rate and modest SAT average—provides networking, internship pipelines, or teaching quality that compensates for weaker salary outcomes. Indiana's tech job market concentrates heavily around Indianapolis and university hubs where larger programs have established employer relationships. Based on comparable programs statewide, Earlham graduates appear to start $6,000-$9,000 behind peers at IU-Bloomington or Taylor, which matters significantly when you're carrying above-average debt.
If your child thrives in small seminar settings and values close faculty mentorship over corporate recruiting events, Earlham might justify the investment. But the limited graduate sample—why these figures are estimates—suggests this isn't a high-volume pipeline into tech roles. Families should confirm whether recent CS graduates secured positions with recognizable employers and whether starting salaries align with these state-level projections before committing.
Where Earlham College Stands
Earnings vs. debt across all computer science bachelors's programs nationally
Compare to Similar Programs in Indiana
Computer Science bachelors's programs at peer institutions in Indiana (26 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $51,840 | $68,485* | — | $26,500* | — | |
| $56,674 | $100,294* | $157,625 | $24,500* | 0.24 | |
| $9,992 | $94,786* | $116,601 | $19,375* | 0.20 | |
| $11,790 | $77,909* | $91,304 | $20,417* | 0.26 | |
| $39,104 | $77,081* | $86,504 | —* | — | |
| $8,179 | $72,634* | $97,561 | —* | — | |
| National Median | — | $70,950* | — | $23,374* | 0.33 |
Career Paths
Occupations commonly associated with computer science graduates
Computer and Information Systems Managers
Computer and Information Research Scientists
Software Developers
Software Quality Assurance Analysts and Testers
Information Security Analysts
Database Architects
Data Warehousing Specialists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Computer Programmers
Web Developers
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 Earlham College, approximately 25% 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 13 similar programs in IN. Actual outcomes may vary.