Median Earnings (1yr)
$41,955
51st percentile (40th in IN)
Median Debt
$15,250
41% below national median
Debt-to-Earnings
0.36
Manageable
Sample Size
19
Limited data

Analysis

Grace College's teacher education program offers half the debt of typical programs in Indiana, but parents should know the earnings trail the state median by about $1,300 annually. With just $15,250 in student loans—among the lowest 5% nationally for this degree—graduates face minimal financial pressure despite starting salaries around $42,000. That's roughly on par with the national median for teaching programs, though it lags behind Indiana's stronger performer like Butler ($50,707) and IU's regional campuses.

The debt-to-earnings ratio of 0.36 means graduates could theoretically pay off their loans in just over four months of gross salary, an unusually favorable position for new teachers. However, the 40th percentile ranking among Indiana programs suggests this isn't the strongest choice if maximizing teaching income matters. The small sample size here (under 30 graduates) makes these numbers less reliable than data from larger programs.

For families prioritizing minimal debt over top-tier earnings, Grace delivers exactly that—a teaching credential without the financial burden that often plagues education majors. But if your child could gain admission to IU-Bloomington or Butler, those programs show meaningfully higher earning potential that might justify somewhat higher debt loads.

Where Grace College and Theological Seminary Stands

Earnings vs. debt across all teacher education and professional development, specific levels and methods bachelors's programs nationally

Grace College and Theological SeminaryOther teacher education and professional development, specific levels and methods 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 $42k, placing them in the 51th percentile of all teacher education and professional development, specific levels and methods bachelors programs nationally.

Compare to Similar Programs in Indiana

Teacher Education and Professional Development, Specific Levels and Methods bachelors's programs at peer institutions in Indiana (40 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Grace College and Theological Seminary$41,955—$15,2500.36
Butler University$50,707$45,302$27,0000.53
Indiana University-Northwest$48,497$43,671$31,0000.64
Franklin College$47,610—$27,0000.57
Indiana University-Bloomington$46,765$44,741$23,7410.51
Indiana University-Indianapolis$46,744$43,547$23,0000.49
National Median$41,809—$26,0000.62

Other Teacher Education and Professional Development, Specific Levels and Methods Programs in Indiana

Compare tuition, earnings, and debt across Indiana schools

SchoolIn-State TuitionEarnings (1yr)Debt
Butler University
Indianapolis
$45,980$50,707$27,000
Indiana University-Northwest
Gary
$8,179$48,497$31,000
Franklin College
Franklin
$37,350$47,610$27,000
Indiana University-Bloomington
Bloomington
$11,790$46,765$23,741
Indiana University-Indianapolis
Indianapolis
$10,449$46,744$23,000

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 19 graduates with reported earnings and 20 graduates with debt data. Small samples may not be representative.