Location: Winona Lake, IN•In-State Tuition: $30,034•Admission Rate: 81%•Avg SAT: 1088
Est. Earnings (1yr)
$38,234
Est. from national median (55 programs)
Est. Median Debt
$25,603
Est. from national median (20 programs)

Analysis

A first-year salary around $38,200 in software-related fields raises immediate concerns, especially when weighed against roughly $25,600 in debt. While these figures come from comparable bachelor's programs nationally rather than Grace College's specific outcomes, they suggest a challenging start for a technical field where many graduates command substantially higher salaries. The national data shows a wide range—top programs produce nearly $52,000 in starting pay—indicating that not all software credentials perform equally.

Indiana's broader landscape for this major shows significant variation, with Purdue's main campus matching the national median while regional campuses fall considerably lower. Grace's small graduating cohorts (which trigger the data suppression) mean we can't confirm where their outcomes actually land within this range. For context, the debt-to-earnings ratio of 0.67 sits in a manageable zone—most financial advisors suggest keeping below 1.0—but this assumes those estimated earnings materialize and that graduates secure roles in their field quickly.

The core question is whether Grace's program connects students to employers who pay competitive tech salaries, or if graduates struggle to translate their degree into well-compensated positions. Without program-specific outcomes, you're making this investment partially blind. Before committing, your family should directly ask the department about job placement rates, typical employer names, and alumni outcomes in the past few years—concrete information that these estimates can't provide.

Where Grace College and Theological Seminary Stands

Earnings vs. debt across all computer software and media applications bachelors's programs nationally

Grace College and Theological Seminary (estimated ±10%)Other computer software and media applications programs

Dashed lines show national medians. Upper-left = best value.

Compare to Similar Programs in Indiana

Computer Software and Media Applications bachelors's programs at peer institutions in Indiana (8 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$38,234*—$25,603*—
Purdue University-Main CampusWest Lafayette$9,992$38,234*$45,686$21,250*0.56
Purdue University NorthwestHammond$8,419$21,532*—$17,750*0.82
National Median—$38,234*—$27,000*0.71
* Estimated from similar programs

Career Paths

Occupations commonly associated with computer software and media applications 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

Computer and Information Research Scientists

Conduct research into fundamental computer and information science as theorists, designers, or inventors. Develop solutions to problems in the field of computer hardware and software.

$140,910/yrJobs growth:Master's degree

Software Developers

Research, design, and develop computer and network software or specialized utility programs. Analyze user needs and develop software solutions, applying principles and techniques of computer science, engineering, and mathematical analysis. Update software or enhance existing software capabilities. May work with computer hardware engineers to integrate hardware and software systems, and develop specifications and performance requirements. May maintain databases within an application area, working individually or coordinating database development as part of a team.

$131,450/yrJobs growth:Bachelor's degree

Database Administrators

Administer, test, and implement computer databases, applying knowledge of database management systems. Coordinate changes to computer databases. Identify, investigate, and resolve database performance issues, database capacity, and database scalability. May plan, coordinate, and implement security measures to safeguard computer databases.

$123,100/yrJobs growth:Bachelor's degree

Database Architects

Design strategies for enterprise databases, data warehouse systems, and multidimensional networks. Set standards for database operations, programming, query processes, and security. Model, design, and construct large relational databases or data warehouses. Create and optimize data models for warehouse infrastructure and workflow. Integrate new systems with existing warehouse structure and refine system performance and functionality.

$123,100/yrJobs growth:Bachelor's degree

Data Warehousing Specialists

Design, model, or implement corporate data warehousing activities. Program and configure warehouses of database information and provide support to warehouse users.

$123,100/yrJobs growth:Bachelor's degree

Data Scientists

Develop and implement a set of techniques or analytics applications to transform raw data into meaningful information using data-oriented programming languages and visualization software. Apply data mining, data modeling, natural language processing, and machine learning to extract and analyze information from large structured and unstructured datasets. Visualize, interpret, and report data findings. May create dynamic data reports.

$112,590/yrJobs growth:Bachelor's degree

Business Intelligence Analysts

Produce financial and market intelligence by querying data repositories and generating periodic reports. Devise methods for identifying data patterns and trends in available information sources.

$112,590/yrJobs growth:Bachelor's degree

Clinical Data Managers

Apply knowledge of health care and database management to analyze clinical data, and to identify and report trends.

$112,590/yrJobs growth:Bachelor's degree

Special Effects Artists and Animators

Create special effects or animations using film, video, computers, or other electronic tools and media for use in products, such as computer games, movies, music videos, and commercials.

$99,800/yrJobs growth:Bachelor's degree

Computer Programmers

Create, modify, and test the code and scripts that allow computer applications to run. Work from specifications drawn up by software and web developers or other individuals. May develop and write computer programs to store, locate, and retrieve specific documents, data, and information.

$98,670/yrJobs growth:Bachelor's degree

Web Developers

Develop and implement websites, web applications, application databases, and interactive web interfaces. Evaluate code to ensure that it is properly structured, meets industry standards, and is compatible with browsers and devices. Optimize website performance, scalability, and server-side code and processes. May develop website infrastructure and integrate websites with other computer applications.

$95,380/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 national median of 55 similar programs. Actual outcomes may vary.