Entrepreneurial and Small Business Operations at Grace College and Theological Seminary
Bachelor's Degree
grace.eduAnalysis
A debt-to-earnings ratio of 0.56 signals reasonable financial footing for this entrepreneurship degree, though the figures come with an important caveat: both the $45,265 first-year salary and $25,396 debt load are estimates drawn from peer programs nationally, not tracked outcomes from Grace College itself. The college's small entrepreneurship cohort means the Department of Education suppresses the actual data, leaving us to work with national medians from similar bachelor's programs.
That national benchmark of $45,265 represents the middle of the pack for entrepreneurship degrees across 322 programs—not discouraging, but not exceptional either. The estimated debt falls slightly above the national median of $24,125, though it remains manageable at just over half a year's salary. For a business degree where graduates often pursue startup ventures or small business management roles, this financial profile suggests the monthly loan payments (roughly $280 on standard repayment) shouldn't prevent taking calculated risks early in a career.
The real uncertainty here is whether Grace College's specific program—with its faith-based institutional context and Indiana location—produces outcomes meaningfully different from the national average. For families banking on this degree, you're essentially betting that Grace's outcomes mirror typical entrepreneurship programs nationwide. If your child has a clear business concept or family business to join, that reduces risk considerably. But if the plan is vaguer—"learning to be an entrepreneur"—understand you're working with incomplete information about this particular program's track record.
Where Grace College and Theological Seminary Stands
Earnings vs. debt across all entrepreneurial and small business operations bachelors's programs nationally
Compare to Similar Programs Nationally
Entrepreneurial and Small Business Operations bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $30,034 | $45,265* | — | $25,396* | — | |
| $67,680 | $74,446* | — | $19,000* | 0.26 | |
| $68,230 | $67,900* | $111,654 | $18,000* | 0.27 | |
| $12,643 | $65,177* | $79,087 | —* | — | |
| $57,220 | $65,028* | — | $25,292* | 0.39 | |
| $13,626 | $64,211* | $76,811 | $23,962* | 0.37 | |
| National Median | — | $45,265* | — | $24,125* | 0.53 |
Career Paths
Occupations commonly associated with entrepreneurial and small business operations graduates
Chief Executives
Chief Sustainability Officers
General and Operations Managers
Business Teachers, Postsecondary
Personal Service Managers, All Other
Fitness and Wellness Coordinators
Spa Managers
Managers, All Other
Regulatory Affairs Managers
Compliance Managers
Loss Prevention Managers
Wind Energy Operations 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 national median of 67 similar programs. Actual outcomes may vary.