Analysis
Based on Indiana's 13 social work bachelor's programs, first-year earnings cluster tightly around $37,800—which is exactly where Goshen College's estimates land. The $27,000 debt figure, drawn from comparable Indiana private colleges, produces a manageable debt-to-earnings ratio of 0.71. That means graduates would owe roughly seven months of their first year's salary, a reasonable starting point for a helping profession known for modest but stable pay. The national benchmark of $37,300 confirms this is simply what bachelor's-level social work pays, regardless of where you study.
The challenge isn't unique to Goshen—it's structural to the field. Even Indiana's highest-earning program (IU-Indianapolis at $41,700) doesn't dramatically outpace the state median. Social work positions typically require licensure and often benefit from graduate education for advancement, so these bachelor's-level figures represent entry points rather than career ceilings. The degree leads to concrete employment in social services, nonprofits, schools, and healthcare settings where demand remains strong.
For families comfortable with the $27,000 investment and realistic about social work's compensation structure, Goshen's program aligns with state and national norms. The key question is whether your child is committed to this career path, since the earnings won't provide much cushion for career changes or faster debt repayment.
Where Goshen College Stands
Earnings vs. debt across all social work bachelors's programs nationally
Compare to Similar Programs in Indiana
Social Work bachelors's programs at peer institutions in Indiana (23 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $37,760 | $37,812* | — | $27,000* | — | |
| $10,449 | $41,657* | $44,208 | $18,410* | 0.44 | |
| $35,420 | $40,532* | $37,787 | —* | — | |
| $11,790 | $39,695* | $46,124 | $14,506* | 0.37 | |
| $10,758 | $39,094* | $42,239 | $23,900* | 0.61 | |
| $8,179 | $38,652* | $42,686 | $30,924* | 0.80 | |
| National Median | — | $37,296* | — | $26,362* | 0.71 |
Career Paths
Occupations commonly associated with social work graduates
Social Work Teachers, Postsecondary
Social and Community Service Managers
Probation Officers and Correctional Treatment Specialists
Marriage and Family Therapists
Child, Family, and School Social Workers
Healthcare Social Workers
Mental Health and Substance Abuse Social Workers
Social Workers, All Other
Counselors, 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 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 13 similar programs in IN. Actual outcomes may vary.