Teacher Education and Professional Development, Specific Levels and Methods at Grace College and Theological Seminary
Bachelor's Degree
grace.eduAnalysis
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
Earnings Distribution
How Grace College and Theological Seminary graduates compare to all 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)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $30,034 | $41,955 | — | $15,250 | 0.36 | |
| $45,980 | $50,707 | $45,302 | $27,000 | 0.53 | |
| $8,179 | $48,497 | $43,671 | $31,000 | 0.64 | |
| $37,350 | $47,610 | — | $27,000 | 0.57 | |
| $11,790 | $46,765 | $44,741 | $23,741 | 0.51 | |
| $10,449 | $46,744 | $43,547 | $23,000 | 0.49 | |
| National Median | — | $41,809 | — | $26,000 | 0.62 |
Career Paths
Occupations commonly associated with teacher education and professional development, specific levels and methods graduates
Education Teachers, Postsecondary
Training and Development Specialists
Secondary School Teachers, Except Special and Career/Technical Education
Middle School Teachers, Except Special and Career/Technical Education
Kindergarten Teachers, Except Special Education
Elementary School Teachers, Except Special Education
Adult Basic Education, Adult Secondary Education, and English as a Second Language Instructors
Preschool Teachers, Except Special Education
Postsecondary Teachers, All Other
Self-Enrichment Teachers
Teachers and Instructors, All Other
Teaching Assistants, Preschool, Elementary, Middle, and Secondary School, Except Special Education
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.