Est. Earnings (1yr)
$68,632
Est. from IN median (9 programs)
Est. Median Debt
$25,612
Est. from IN median (5 programs)

Analysis

A $68,000 starting salary for mechanical engineering graduates falls right at Indiana's median for the field, which sounds reasonable until you consider the state's competitive landscape. Notre Dame and Purdue graduates are commanding $80,000 to $85,000 in first-year earnings—a $12,000 to $17,000 premium that compounds significantly over a career. Grace's program, based on what similar Indiana engineering programs produce, doesn't break into that top tier. The estimated debt load of $25,600 is manageable with a 0.37 debt-to-earnings ratio, but you're paying similar amounts for potentially lesser outcomes than you'd find at larger Indiana engineering schools.

The challenge here is visibility. With too few graduates for the Department of Education to report outcomes, there's no track record to scrutinize—no placement data, no employer relationships to evaluate, no alumni network to assess. Indiana has 15 mechanical engineering programs, and the ones with robust enrollment produce verifiable results. Grace's 81% admission rate and modest SAT averages suggest it serves a different student population than Purdue or Rose-Hulman, which may explain both the access and the earnings gap.

For engineering specifically, program size matters. Larger programs typically offer better lab facilities, more specialized faculty, and stronger industry connections—advantages that translate to job offers. If your child is admitted to one of Indiana's established engineering schools, that's likely the safer bet. Grace may work if location or fit is paramount, but understand you're relying on estimates rather than proven outcomes.

Where Grace College and Theological Seminary Stands

Earnings vs. debt across all mechanical engineering bachelors's programs nationally

Compare to Similar Programs in Indiana

Mechanical Engineering bachelors's programs at peer institutions in Indiana (15 total in state)

Scroll to see more →

SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Grace College and Theological SeminaryWinona Lake$30,034$68,632*—$25,612*—
University of Notre DameNotre Dame$62,693$84,999*$89,369$19,000*0.22
Purdue University-Main CampusWest Lafayette$9,992$80,374*$85,429$19,937*0.25
Rose-Hulman Institute of TechnologyTerre Haute$56,674$78,732*$86,634$25,612*0.33
Indiana University-IndianapolisIndianapolis$10,449$69,746*$82,354$26,450*0.38
Purdue University NorthwestHammond$8,419$68,632*$77,927$25,250*0.37
National Median—$70,744*—$24,755*0.35
* Estimated from similar programs

Career Paths

Occupations commonly associated with mechanical engineering graduates

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Aerospace Engineers

Perform engineering duties in designing, constructing, and testing aircraft, missiles, and spacecraft. May conduct basic and applied research to evaluate adaptability of materials and equipment to aircraft design and manufacture. May recommend improvements in testing equipment and techniques.

$134,830/yrJobs growth:Bachelor's degree

Mechanical Engineers

Perform engineering duties in planning and designing tools, engines, machines, and other mechanically functioning equipment. Oversee installation, operation, maintenance, and repair of equipment such as centralized heat, gas, water, and steam systems.

$102,320/yrJobs growth:Bachelor's degree

Fuel Cell Engineers

Design, evaluate, modify, or construct fuel cell components or systems for transportation, stationary, or portable applications.

$102,320/yrJobs growth:Bachelor's degree

Automotive Engineers

Develop new or improved designs for vehicle structural members, engines, transmissions, or other vehicle systems, using computer-assisted design technology. Direct building, modification, or testing of vehicle or components.

$102,320/yrJobs growth:Bachelor's degree

Engineering Teachers, Postsecondary

Teach courses pertaining to the application of physical laws and principles of engineering for the development of machines, materials, instruments, processes, and services. Includes teachers of subjects such as chemical, civil, electrical, industrial, mechanical, mineral, and petroleum engineering. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Cost Estimators

Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.

$77,070/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 9 similar programs in IN. Actual outcomes may vary.