Median Earnings (1yr)
$62,251
95th percentile (80th in IN)
Median Debt
$20,104
23% below national median
Debt-to-Earnings
0.32
Manageable
Sample Size
36
Adequate data

Analysis

Grace College's business program posts impressive first-year earnings of $62,251—landing in the 95th percentile nationally and 80th percentile in Indiana. That starting salary rivals or exceeds programs at much larger institutions like Purdue and Indiana Wesleyan, while graduates carry just $20,104 in debt (well below both state and national medians of $26,000). For an 81% admission rate school, these outcomes punch above their weight.

The concern here is unmistakable: earnings drop sharply to $49,304 by year four, a 21% decline. This pattern suggests graduates may be landing entry-level positions with strong starting compensation but limited advancement opportunities, or that early-career job changes aren't improving their earning trajectories. However, even with this decline, year-four earnings remain near the Indiana median for business programs.

The low debt load is the safety net. With a debt-to-earnings ratio of just 0.32 based on first-year income, graduates have financial flexibility even if their earnings plateau or dip early in their careers. They're not locked into high-paying jobs to service debt, which matters if the career path requires patience or additional credentialing. For Indiana families seeking a business degree without financial overextension, Grace delivers solid initial placement with manageable downside risk.

Where Grace College and Theological Seminary Stands

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

Grace College and Theological SeminaryOther business administration, management and operations programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Grace College and Theological Seminary graduates compare to all programs nationally

Grace College and Theological Seminary graduates earn $62k, placing them in the 95th percentile of all business administration, management and operations bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Indiana

Business Administration, Management and Operations bachelors's programs at peer institutions in Indiana (41 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Grace College and Theological Seminary$62,251$49,304$20,1040.32
Ball State University$60,526$59,631$20,5000.34
Indiana Wesleyan University-Marion$58,880$62,714$42,1380.72
Indiana Wesleyan University-National & Global$58,880$62,714$42,1380.72
Purdue University Global$57,308$52,586$45,1760.79
Purdue University-Main Campus$57,106$71,553$19,5000.34
National Median$45,703$26,0000.57

Other Business Administration, Management and Operations Programs in Indiana

Compare tuition, earnings, and debt across Indiana schools

SchoolIn-State TuitionEarnings (1yr)Debt
Ball State University
Muncie
$10,758$60,526$20,500
Indiana Wesleyan University-Marion
Marion
$31,168$58,880$42,138
Indiana Wesleyan University-National & Global
Marion
$8,216$58,880$42,138
Purdue University Global
West Lafayette
$10,110$57,308$45,176
Purdue University-Main Campus
West Lafayette
$9,992$57,106$19,500

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.

Sample Size: Based on 36 graduates with reported earnings and 47 graduates with debt data. Small samples may not be representative.