Analysis
Similar journalism programs in Indiana suggest first-year earnings around $38,540—a figure that actually exceeds the national median for journalism degrees by roughly $4,000. That's an encouraging sign in a field where many graduates struggle to launch financially. With estimated debt around $25,000, the math works out to a debt burden roughly two-thirds of first-year income, which falls within manageable territory.
However, the context matters here. These estimates come from just three Indiana journalism programs, and the range is wide—from Ball State's $31,398 to IU-Bloomington's nearly $40,000. Grace College's relatively high acceptance rate and modest test scores suggest its outcomes might land closer to the lower end of that spectrum rather than matching the flagship universities. Journalism is also notoriously competitive beyond the first job, and early earnings don't always predict career trajectory in media fields where experience and portfolio matter more than credentials alone.
For parents weighing this investment, the estimated numbers suggest a workable starting point—not a red flag, but not a guarantee either. If your student is genuinely committed to journalism and Grace offers the mentorship and hands-on experience needed to build a strong portfolio, the debt load shouldn't be crushing. Just recognize you're making this decision with limited visibility into Grace's specific track record, so visit campus, talk to recent graduates directly, and ask hard questions about internship placement and first-job outcomes.
Where Grace College and Theological Seminary Stands
Earnings vs. debt across all journalism bachelors's programs nationally
Compare to Similar Programs in Indiana
Journalism bachelors's programs at peer institutions in Indiana (15 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $30,034 | $38,540* | — | $25,000* | — | |
| $11,790 | $39,992* | $54,955 | $19,500* | 0.49 | |
| $10,449 | $38,540* | $40,760 | $22,837* | 0.59 | |
| $10,758 | $31,398* | $47,164 | $25,675* | 0.82 | |
| National Median | — | $34,515* | — | $24,250* | 0.70 |
Career Paths
Occupations commonly associated with journalism graduates
Communications Teachers, Postsecondary
Editors
Writers and Authors
Poets, Lyricists and Creative Writers
Film and Video Editors
News Analysts, Reporters, and Journalists
Photographers
Broadcast Announcers and Radio Disc Jockeys
Proofreaders and Copy Markers
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 3 similar programs in IN. Actual outcomes may vary.