Est. Earnings (1yr)
$34,944
Est. from IN median (10 programs)
Est. Median Debt
$27,000
Est. from IN median (5 programs)

Analysis

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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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Grace College and Theological SeminaryWinona Lake$30,034$34,944*—$27,000*—
University of Notre DameNotre Dame$62,693$55,316*$68,814$19,000*0.34
DePauw UniversityGreencastle$57,070$44,224*$60,137$27,000*0.61
Ball State UniversityMuncie$10,758$39,755*$38,880$25,410*0.64
Purdue University-Main CampusWest Lafayette$9,992$39,708*$59,857$20,000*0.50
Indiana University-IndianapolisIndianapolis$10,449$36,535*$55,980$18,500*0.51
National Median—$35,627*—$23,500*0.66
* Estimated from similar programs

Career Paths

Occupations commonly associated with political science and government graduates

Political Scientists

Study the origin, development, and operation of political systems. May study topics, such as public opinion, political decisionmaking, and ideology. May analyze the structure and operation of governments, as well as various political entities. May conduct public opinion surveys, analyze election results, or analyze public documents.

$139,380/yrJobs growth:Master's degree

Economists

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

$115,440/yrJobs growth:Master's degree

Environmental Economists

Conduct economic analysis related to environmental protection and use of the natural environment, such as water, air, land, and renewable energy resources. Evaluate and quantify benefits, costs, incentives, and impacts of alternative options using economic principles and statistical techniques.

$115,440/yrJobs growth:Master's degree

Economics Teachers, Postsecondary

Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Political Science Teachers, Postsecondary

Teach courses in political science, international affairs, and international relations. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree

Managers, All Other

All managers not listed separately.

Regulatory Affairs Managers

Plan, direct, or coordinate production activities of an organization to ensure compliance with regulations and standard operating procedures.

Compliance Managers

Plan, direct, or coordinate activities of an organization to ensure compliance with ethical or regulatory standards.

Loss Prevention Managers

Plan and direct policies, procedures, or systems to prevent the loss of assets. Determine risk exposure or potential liability, and develop risk control measures.

Wind Energy Development Managers

Lead or manage the development and evaluation of potential wind energy business opportunities, including environmental studies, permitting, and proposals. May also manage construction of projects.

Brownfield Redevelopment Specialists and Site Managers

Plan and direct cleanup and redevelopment of contaminated properties for reuse. Does not include properties sufficiently contaminated to qualify as Superfund sites.

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.