Est. Earnings (1yr)
$38,540
Est. from IN median (3 programs)
Est. Median Debt
$25,000
Est. from national median (41 programs)

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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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Grace College and Theological SeminaryWinona Lake$30,034$38,540*$25,000*
Indiana University-BloomingtonBloomington$11,790$39,992*$54,955$19,500*0.49
Indiana University-IndianapolisIndianapolis$10,449$38,540*$40,760$22,837*0.59
Ball State UniversityMuncie$10,758$31,398*$47,164$25,675*0.82
National Median$34,515*$24,250*0.70
* Estimated from similar programs

Career Paths

Occupations commonly associated with journalism graduates

Communications Teachers, Postsecondary

Teach courses in communications, such as organizational communications, public relations, radio/television broadcasting, and journalism. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Editors

Plan, coordinate, revise, or edit written material. May review proposals and drafts for possible publication.

$75,260/yrJobs growth:Bachelor's degree

Writers and Authors

Originate and prepare written material, such as scripts, stories, advertisements, and other material.

$72,270/yrJobs growth:Bachelor's degree

Poets, Lyricists and Creative Writers

Create original written works, such as scripts, essays, prose, poetry or song lyrics, for publication or performance.

$72,270/yrJobs growth:Bachelor's degree

Film and Video Editors

Edit moving images on film, video, or other media. May work with a producer or director to organize images for final production. May edit or synchronize soundtracks with images.

$70,570/yrJobs growth:Bachelor's degree

News Analysts, Reporters, and Journalists

Narrate or write news stories, reviews, or commentary for print, broadcast, or other communications media such as newspapers, magazines, radio, or television. May collect and analyze information through interview, investigation, or observation.

$60,280/yrJobs growth:Bachelor's degree

Photographers

Photograph people, landscapes, merchandise, or other subjects. May use lighting equipment to enhance a subject's appearance. May use editing software to produce finished images and prints. Includes commercial and industrial photographers, scientific photographers, and photojournalists.

$42,520/yrJobs growth:High school diploma or equivalent

Broadcast Announcers and Radio Disc Jockeys

Speak or read from scripted materials, such as news reports or commercial messages, on radio, television, or other communications media. May play and queue music, announce artist or title of performance, identify station, or interview guests.

Jobs growth:

Proofreaders and Copy Markers

Read transcript or proof type setup to detect and mark for correction any grammatical, typographical, or compositional errors. Excludes workers whose primary duty is editing copy. Includes proofreaders of braille.

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.