Political Science and Government at Grace College and Theological Seminary
Bachelor's Degree
grace.eduAnalysis
Grace College's political science program sits squarely in the middle—Indiana's 10 reported bachelor's programs in this field cluster tightly around $35,000 in first-year earnings, and this program appears to follow that pattern. With estimated debt of $27,000 against those early earnings, graduates would face manageable monthly payments of roughly $300, consuming about 10% of take-home pay. That's a reasonable starting point for a liberal arts degree, though not particularly advantageous.
The challenge here is competition. Indiana's top political science programs—Notre Dame at $55,000, DePauw at $44,000—demonstrate that employer perceptions vary dramatically based on institutional brand. Even larger state schools like Ball State and Purdue place their graduates $5,000-7,000 ahead annually. For a field where networking, internship access, and alumni connections heavily influence early career outcomes, Grace's smaller platform and regional focus may limit opportunities compared to these alternatives.
The estimated figures suggest Grace delivers what most Indiana political science programs do: a credential that opens entry-level doors in government, nonprofits, or business, but without the earnings premium that justifies higher debt. If your student is considering this program, the decision hinges less on the degree's financial return—which appears standard—and more on whether Grace's particular environment (faith-based, small-campus) offers non-financial benefits worth potentially limited career network access. The debt load is serviceable, but there's little financial cushion if career plans shift.
Where Grace College and Theological Seminary Stands
Earnings vs. debt across all political science and government bachelors's programs nationally
Compare to Similar Programs in Indiana
Political Science and Government bachelors's programs at peer institutions in Indiana (33 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $30,034 | $34,944* | — | $27,000* | — | |
| $62,693 | $55,316* | $68,814 | $19,000* | 0.34 | |
| $57,070 | $44,224* | $60,137 | $27,000* | 0.61 | |
| $10,758 | $39,755* | $38,880 | $25,410* | 0.64 | |
| $9,992 | $39,708* | $59,857 | $20,000* | 0.50 | |
| $10,449 | $36,535* | $55,980 | $18,500* | 0.51 | |
| National Median | — | $35,627* | — | $23,500* | 0.66 |
Career Paths
Occupations commonly associated with political science and government graduates
Political Scientists
Economists
Environmental Economists
Economics Teachers, Postsecondary
Political Science Teachers, Postsecondary
Secondary School Teachers, Except Special and Career/Technical Education
Managers, All Other
Regulatory Affairs Managers
Compliance Managers
Loss Prevention Managers
Wind Energy Development Managers
Brownfield Redevelopment Specialists and Site Managers
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 10 similar programs in IN. Actual outcomes may vary.