Business Administration, Management and Operations at Grace College and Theological Seminary
Associate's Degree
grace.eduAnalysis
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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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $30,034 | $43,104* | — | $24,219* | — | |
| $10,110 | $51,510* | — | $6,417* | 0.12 | |
| $30,446 | $43,104* | $44,555 | $34,791* | 0.81 | |
| $9,900 | $43,104* | $44,555 | $34,791* | 0.81 | |
| $4,912 | $39,005* | $38,318 | $11,686* | 0.30 | |
| $6,886 | $25,497* | $34,427 | $15,306* | 0.60 | |
| National Median | — | $33,977* | — | $13,980* | 0.41 |
Career Paths
Occupations commonly associated with business administration, management and operations graduates
Computer and Information Systems Managers
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Compensation and Benefits Managers
Human Resources Managers
Sales Managers
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.