Median Earnings (1yr)
$25,060
16th percentile (40th in IN)
Median Debt
$25,500
5% below national median
Debt-to-Earnings
1.02
Elevated
Sample Size
24
Limited data

Analysis

Grace College's pastoral counseling program shows a troubling first year—graduates earn just $25,060 initially, ranking in the bottom fifth nationally and below the Indiana median of $28,053. That $25,500 in debt essentially equals a full year's starting salary, which creates real financial pressure for graduates entering ministry work. Among Indiana's 11 programs, this sits in the middle of the pack, trailing schools like Taylor University ($37,035) and Bethel University ($31,046).

The dramatic turnaround by year four changes the calculation considerably. Earnings jump 86% to $46,577, vaulting well above both state and national medians. This suggests graduates either move into higher-paying ministry leadership roles or pivot to related fields that value their counseling training. However, the small sample size—under 30 graduates—means these numbers could swing significantly with just a few outliers.

For parents, the central question is whether your child can manage that difficult first year financially. If they're committed to ministry work and have support to weather low initial earnings, the long-term trajectory looks more promising. But if immediate financial independence matters, other ministry programs in Indiana offer stronger starting salaries without requiring the same patience.

Where Grace College and Theological Seminary Stands

Earnings vs. debt across all pastoral counseling and specialized ministries bachelors's programs nationally

Grace College and Theological SeminaryOther pastoral counseling and specialized ministries programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Grace College and Theological Seminary graduates compare to all programs nationally

Grace College and Theological Seminary graduates earn $25k, placing them in the 16th percentile of all pastoral counseling and specialized ministries bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Indiana

Pastoral Counseling and Specialized Ministries bachelors's programs at peer institutions in Indiana (11 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Grace College and Theological Seminary$25,060$46,577$25,5001.02
Taylor University$37,035———
Bethel University$31,046—$23,3190.75
Indiana Wesleyan University-Marion$19,836$39,380$22,1041.11
National Median$32,226—$26,7500.83

Other Pastoral Counseling and Specialized Ministries Programs in Indiana

Compare tuition, earnings, and debt across Indiana schools

SchoolIn-State TuitionEarnings (1yr)Debt
Taylor University
Upland
$39,104$37,035—
Bethel University
Mishawaka
$33,320$31,046$23,319
Indiana Wesleyan University-Marion
Marion
$31,168$19,836$22,104

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.

Sample Size: Based on 24 graduates with reported earnings and 28 graduates with debt data. Small samples may not be representative.