Median Earnings (1yr)
$31,621
31st percentile (40th in IN)
Median Debt
$27,000
8% above national median
Debt-to-Earnings
0.85
Manageable
Sample Size
36
Adequate data

Analysis

Hanover's Communication and Media Studies graduates start slow but show impressive momentum—first-year earnings of $31,621 lag both the state and national medians by about $3,000, yet by year four, earnings jump 46% to over $46,000. This trajectory suggests graduates are finding their footing in media careers, though that rocky start matters when you're carrying $27,000 in debt.

The program sits squarely in the middle of Indiana's competitive media landscape—at the 40th percentile statewide. Top-tier programs like DePauw and Purdue's main campus deliver $10,000+ more in starting salaries, which compounds over those crucial early career years. Still, Hanover keeps debt slightly below state norms, and the 0.85 debt-to-earnings ratio means the initial burden, while substantial, isn't crushing.

The real question is whether your child can weather those lean first years. If they're comfortable with an entry-level income below $32,000 while making loan payments, the growth curve offers hope. But families prioritizing immediate financial stability might look at Indiana's higher-performing programs, where graduates start closer to $40,000 and skip that challenging launch phase entirely.

Where Hanover College Stands

Earnings vs. debt across all communication and media studies bachelors's programs nationally

Hanover CollegeOther communication and media studies 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 Hanover College graduates compare to all programs nationally

Hanover College graduates earn $32k, placing them in the 31th percentile of all communication and media studies 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

Communication and Media Studies bachelors's programs at peer institutions in Indiana (39 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Hanover College$31,621$46,181$27,0000.85
DePauw University$43,141$56,425$27,0000.63
Purdue University-Main Campus$41,409$45,861$18,5000.45
Indiana University-Indianapolis$39,775$43,963$20,5000.52
Purdue University Fort Wayne$39,712$41,909$25,2890.64
Indiana University-South Bend$38,094$39,176$26,0000.68
National Median$34,959—$25,0000.72

Other Communication and Media Studies Programs in Indiana

Compare tuition, earnings, and debt across Indiana schools

SchoolIn-State TuitionEarnings (1yr)Debt
DePauw University
Greencastle
$57,070$43,141$27,000
Purdue University-Main Campus
West Lafayette
$9,992$41,409$18,500
Indiana University-Indianapolis
Indianapolis
$10,449$39,775$20,500
Purdue University Fort Wayne
Fort Wayne
$9,254$39,712$25,289
Indiana University-South Bend
South Bend
$8,179$38,094$26,000

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 Hanover College, approximately 26% 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 36 graduates with reported earnings and 37 graduates with debt data. Small samples may not be representative.