Est. Earnings (1yr)
$43,104
Est. from IN median (5 programs)
Est. Median Debt
$24,219
Est. from national median (54 programs)

Analysis

Similar business administration associate's programs in Indiana suggest first-year earnings around $43,100—notably above the national median of $34,000 for this credential. But with estimated debt of $24,200, you're looking at a ratio that's higher than typical for two-year programs, where graduates often finish with under $15,000 in loans. That difference matters when weighing whether this private Christian college represents good value compared to Indiana's community colleges offering the same degree.

The earnings estimate places this program on par with Indiana Tech's offerings and well ahead of what Vincennes graduates typically earn, though still trailing Purdue Global's outcomes by about $8,400. The challenge is that Grace's estimated debt load is nearly 60% higher than Indiana's median for business associate's programs. With a debt-to-earnings ratio of 0.56, a graduate would need roughly seven months of gross income to cover what they borrowed—manageable but not exceptional for a two-year degree.

For families considering Grace specifically for its faith-based environment and smaller setting, the premium may make sense. But if the decision is purely financial, Ivy Tech's business program appears to deliver comparable earnings with significantly less debt. Given that these are estimates rather than Grace's actual outcomes, asking the admissions office about recent graduate employment and typical debt loads for this specific program would be worthwhile before committing.

Where Grace College and Theological Seminary Stands

Earnings vs. debt across all business administration, management and operations associates's programs nationally

Compare to Similar Programs in Indiana

Business Administration, Management and Operations associates's programs at peer institutions in Indiana (20 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Grace College and Theological SeminaryWinona Lake$30,034$43,104*$24,219*
Purdue University GlobalWest Lafayette$10,110$51,510*$6,417*0.12
Indiana Institute of TechnologyFort Wayne$30,446$43,104*$44,555$34,791*0.81
Indiana Institute of Technology-College of Professional StudiesFort Wayne$9,900$43,104*$44,555$34,791*0.81
Ivy Tech Community CollegeIndianapolis$4,912$39,005*$38,318$11,686*0.30
Vincennes UniversityVincennes$6,886$25,497*$34,427$15,306*0.60
National Median$33,977*$13,980*0.41
* Estimated from similar programs

Career Paths

Occupations commonly associated with business administration, management and operations graduates

Computer and Information Systems Managers

Plan, direct, or coordinate activities in such fields as electronic data processing, information systems, systems analysis, and computer programming.

$171,200/yrJobs growth:Bachelor's degree

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Compensation and Benefits Managers

Plan, direct, or coordinate compensation and benefits activities of an organization.

$140,360/yrJobs growth:Bachelor's degree

Human Resources Managers

Plan, direct, or coordinate human resources activities and staff of an organization.

$140,030/yrJobs growth:Bachelor's degree

Sales Managers

Plan, direct, or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.

$138,060/yrJobs growth:Bachelor's degree
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 Grace College and Theological Seminary, approximately 29% 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 5 similar programs in IN. Actual outcomes may vary.