Multi-/Interdisciplinary Studies at Grace College and Theological Seminary
Bachelor's Degree
grace.eduAnalysis
Indiana tells a complicated story for interdisciplinary studies programs. While Grace's estimated figures—$35,000 in first-year earnings and $26,500 in debt—align with national patterns for this degree, they fall short of Indiana's typical outcomes, where similar programs produce median earnings near $47,000. That gap matters. Even accounting for regional variation and the accessible nature of Grace's admissions, starting at roughly two-thirds of the state benchmark suggests graduates may face a steeper climb than peers at other Indiana schools.
The debt load itself looks manageable on paper, with borrowers carrying about nine months' worth of first-year income. But the real concern is whether $35,000 provides enough breathing room for loan payments while building a career. Interdisciplinary degrees often serve as launching pads into varied fields—teaching, nonprofit work, business—where advancement takes time. Some Indiana programs in this field produce outcomes as high as $60,000, suggesting that institutional differences matter considerably, though the small graduate cohorts here make it impossible to know if Grace's actual outcomes differ meaningfully from these estimates.
For families considering Grace, the key question is trajectory: does this program lead somewhere specific, or is it a generalist degree without clear pathways? Without reported outcomes for this specific cohort, you're betting on national averages while paying private tuition. If your student has a concrete plan for what comes after graduation, the modest debt might prove worthwhile. If not, more established programs with proven Indiana outcomes deserve serious consideration.
Where Grace College and Theological Seminary Stands
Earnings vs. debt across all multi-/interdisciplinary studies bachelors's programs nationally
Compare to Similar Programs in Indiana
Multi-/Interdisciplinary Studies 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 | $35,282* | — | $26,500* | — | |
| $8,179 | $60,513* | — | —* | — | |
| $33,320 | $33,596* | — | $46,989* | 1.40 | |
| National Median | — | $35,282* | — | $26,000* | 0.74 |
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.