Analysis
Looking at Indiana's engineering-related programs, Earlham's estimated outcomes place it in the middle of the pack—roughly $69,000 in first-year earnings based on comparable programs nationally, which aligns closely with the state median. What distinguishes this liberal arts college path, however, is the debt picture: an estimated $27,000, which runs about $10,000 higher than what most Indiana engineering-related graduates carry.
That difference matters more than it might seem. While Purdue's main campus produces slightly higher earnings at around $72,000, their graduates typically start with $16,625 in debt—leaving considerably more breathing room in those crucial early-career years. Earlham's estimated debt-to-earnings ratio of 0.39 isn't alarming, but it means graduates would likely dedicate more of their first-year salary to loan payments than peers at Indiana's larger technical programs. The small program size here (too few graduates for the DOE to report actual data) also raises questions about specialized equipment, industry connections, and career placement resources.
For families drawn to Earlham's liberal arts environment and smaller class sizes, these estimated figures suggest the premium is manageable but real. You're likely looking at an extra $5,000-10,000 in debt compared to state alternatives with similar earning potential—worthwhile if the personalized education delivers value your student wouldn't get at a larger university, but worth scrutinizing if career preparation and technical depth are the primary goals.
Where Earlham College Stands
Earnings vs. debt across all engineering-related fields bachelors's programs nationally
Compare to Similar Programs in Indiana
Engineering-Related Fields bachelors's programs at peer institutions in Indiana (8 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $51,840 | $68,919* | — | $26,975* | — | |
| $9,992 | $72,252* | — | $16,625* | 0.23 | |
| $8,419 | $66,798* | — | —* | — | |
| National Median | — | $68,919* | — | $25,368* | 0.37 |
Career Paths
Occupations commonly associated with engineering-related fields graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Industrial Production Managers
Quality Control Systems Managers
Geothermal Production Managers
Biofuels Production Managers
Biomass Power Plant Managers
Hydroelectric Production Managers
Facilities Managers
Security Managers
Industrial Engineers
Human Factors Engineers and Ergonomists
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 national median of 31 similar programs. Actual outcomes may vary.