Est. Earnings (1yr)
$47,406
Est. from IN median (12 programs)
Est. Median Debt
$27,000
Est. from national median (93 programs)

Analysis

Grace College's business program sits squarely in the middle of Indiana's business education landscape, with estimated first-year earnings around $47,400 mirroring the state median. Based on comparable business programs in Indiana, graduates typically start near the national median of $47,500—far behind Notre Dame's $73,000 or IU-Bloomington's $71,000, but within striking distance of regional campuses like IU-South Bend. The estimated debt load of $27,000 is actually slightly higher than Indiana's typical $24,000 for business degrees, though it remains manageable with a debt-to-earnings ratio of 0.57.

The practical reality: if this program performs like similar Indiana business schools, your child would face monthly loan payments around $300 on a starting salary that should comfortably cover basic expenses plus debt service. That's neither spectacular nor worrisome—it's the middle-of-the-road outcome that defines most business programs outside elite institutions. The 81% admission rate and modest SAT average suggest Grace isn't competing for the same students as Notre Dame, and the earnings gap reflects that reality.

The uncertainty here matters more than usual because we're working entirely with estimates from peer programs. If Grace's outcomes meaningfully differ from the state median—either better or worse—you won't know until actual graduate data becomes available. For families prioritizing predictability, Indiana's larger public universities offer both transparent outcomes data and similar salary prospects at potentially lower cost.

Where Grace College and Theological Seminary 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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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Grace College and Theological SeminaryWinona Lake$30,034$47,406*$27,000*
University of Notre DameNotre Dame$62,693$73,170*$84,414*
Indiana University-BloomingtonBloomington$11,790$71,100*$89,404$19,500*0.27
Indiana University-EastRichmond$8,179$54,860*$57,188$25,250*0.46
Indiana University-IndianapolisIndianapolis$10,449$52,467*$59,798$22,003*0.42
Indiana University-South BendSouth Bend$8,179$48,238*$51,179$20,500*0.42
National Median$47,506*$26,000*0.55
* Estimated from similar programs

Career Paths

Occupations commonly associated with business/commerce graduates

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

Industrial Production Managers

Plan, direct, or coordinate the work activities and resources necessary for manufacturing products in accordance with cost, quality, and quantity specifications.

$121,440/yrJobs growth:Bachelor's degree

Quality Control Systems Managers

Plan, direct, or coordinate quality assurance programs. Formulate quality control policies and control quality of laboratory and production efforts.

$121,440/yrJobs growth:Bachelor's degree

Geothermal Production Managers

Manage operations at geothermal power generation facilities. Maintain and monitor geothermal plant equipment for efficient and safe plant operations.

$121,440/yrJobs growth:Bachelor's degree

Biofuels Production Managers

Manage biofuels production and plant operations. Collect and process information on plant production and performance, diagnose problems, and design corrective procedures.

$121,440/yrJobs growth:Bachelor's degree

Biomass Power Plant Managers

Manage operations at biomass power generation facilities. Direct work activities at plant, including supervision of operations and maintenance staff.

$121,440/yrJobs growth:Bachelor's degree

Hydroelectric Production Managers

Manage operations at hydroelectric power generation facilities. Maintain and monitor hydroelectric plant equipment for efficient and safe plant operations.

$121,440/yrJobs growth:Bachelor's degree

Construction Managers

Plan, direct, or coordinate, usually through subordinate supervisory personnel, activities concerned with the construction and maintenance of structures, facilities, and systems. Participate in the conceptual development of a construction project and oversee its organization, scheduling, budgeting, and implementation. Includes managers in specialized construction fields, such as carpentry or plumbing.

$106,980/yrJobs growth:Bachelor's degree

Administrative Services Managers

Plan, direct, or coordinate one or more administrative services of an organization, such as records and information management, mail distribution, and other office support services.

$106,880/yrJobs growth:Bachelor's degree

Facilities Managers

Plan, direct, or coordinate operations and functionalities of facilities and buildings. May include surrounding grounds or multiple facilities of an organization's campus.

$106,880/yrJobs growth:Bachelor's degree

Security Managers

Direct an organization's security functions, including physical security and safety of employees and facilities.

$106,880/yrJobs growth:Bachelor's degree

Chief Executives

Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.

$105,350/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 12 similar programs in IN. Actual outcomes may vary.