Analysis
A business degree from Goshen College appears to deliver middle-of-the-pack results based on what similar Indiana programs produce. The estimated $47,400 first-year earnings align almost exactly with the state median for business bachelor's programs, suggesting typical entry into roles like junior financial analyst, operations coordinator, or management trainee. The estimated $27,000 debt burden—slightly above both state and national medians for business programs—translates to monthly payments around $300 on a standard plan, which is manageable at roughly 8% of estimated gross income.
What's harder to gauge is how Goshen competes within Indiana's diverse business education landscape. The state's top programs—Notre Dame and IU-Bloomington—command first-year earnings in the low $70,000s, while regional IU campuses cluster between $48,000 and $55,000. Where Goshen fits among the 22 Indiana business programs depends on factors these estimates can't capture: internship networks, alumni connections in specific industries, and whether the college's values-driven approach resonates with certain employers.
The debt-to-earnings ratio of 0.57 suggests reasonable financial positioning if these estimates hold, but the lack of school-specific data means you're betting on averages. Before committing, verify Goshen's actual job placement rates and where recent graduates landed—particularly whether they're securing positions that justify business degree economics or struggling to translate a small-college credential into competitive opportunities.
Where Goshen College Stands
Earnings vs. debt across all business/commerce bachelors's programs nationally
Compare to Similar Programs in Indiana
Business/Commerce bachelors's programs at peer institutions in Indiana (22 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $37,760 | $47,406* | — | $27,000* | — | |
| $62,693 | $73,170* | $84,414 | —* | — | |
| $11,790 | $71,100* | $89,404 | $19,500* | 0.27 | |
| $8,179 | $54,860* | $57,188 | $25,250* | 0.46 | |
| $10,449 | $52,467* | $59,798 | $22,003* | 0.42 | |
| $8,179 | $48,238* | $51,179 | $20,500* | 0.42 | |
| National Median | — | $47,506* | — | $26,000* | 0.55 |
Career Paths
Occupations commonly associated with business/commerce graduates
Sales Managers
Industrial Production Managers
Quality Control Systems Managers
Geothermal Production Managers
Biofuels Production Managers
Biomass Power Plant Managers
Hydroelectric Production Managers
Construction Managers
Administrative Services Managers
Facilities Managers
Security Managers
Chief Executives
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 Goshen College, approximately 37% 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 12 similar programs in IN. Actual outcomes may vary.