Median Earnings (1yr)
$43,458
26th percentile
40th percentile in Indiana
Median Debt
$24,562
6% below national median

Analysis

Indiana State's business program delivers results that lag behind most competitors—both nationally and within Indiana itself. First-year graduates earn $43,458, which falls below the state median of $47,406 and lands in just the 26th percentile nationally. Within Indiana, this program ranks at the 40th percentile, meaning three-fifths of comparable business programs produce higher earnings. The gap is substantial: nearby IU Bloomington graduates earn $71,100, while even regional IU campuses like South Bend ($48,238) outpace Indiana State by nearly $5,000.

The debt picture offers modest relief. At $24,562, graduates borrow slightly less than the state median, keeping the debt-to-earnings ratio manageable at 0.57. Earnings also show healthy growth—17% over four years—suggesting graduates aren't stuck at their starting salary. Still, even after four years, the $50,859 median remains well below what graduates from top Indiana programs earn in year one.

For a high-access institution serving 39% Pell Grant recipients, these outcomes reflect the school's mission more than its educational quality. But parents should understand the tradeoff: their child will likely start $4,000-$7,000 behind peers from other Indiana business programs, a gap that persists even as earnings grow. If your student has options at IU regional campuses or can gain admission to Bloomington or Notre Dame, those investments offer significantly stronger returns. Indiana State makes sense primarily as an affordable access point, not as a competitive business credential.

Where Indiana State University Stands

Earnings vs. debt across all business/commerce bachelors's programs nationally

Earnings Distribution

How Indiana State University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Indiana State University$43,458$50,859+17%
Indiana University-Bloomington$71,100$89,404+26%
University of Notre Dame$73,170$84,414+15%
Indiana University-Indianapolis$52,467$59,798+14%
Holy Cross College$33,043$58,185+76%

Compare to Similar Programs in Indiana

Business/Commerce bachelors's programs at peer institutions in Indiana (22 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Indiana State UniversityTerre Haute$9,992$43,458$50,859$24,5620.57
University of Notre DameNotre Dame$62,693$73,170$84,414
Indiana University-BloomingtonBloomington$11,790$71,100$89,404$19,5000.27
Indiana University-EastRichmond$8,179$54,860$57,188$25,2500.46
Indiana University-IndianapolisIndianapolis$10,449$52,467$59,798$22,0030.42
Indiana University-South BendSouth Bend$8,179$48,238$51,179$20,5000.42
National Median$47,506$26,0000.55

Career Paths

Occupations commonly associated with business/commerce graduates

Sales Managers

Plan, direct, or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.

$138,060/yrJobs growth:Bachelor's degree

Industrial Production Managers

Plan, direct, or coordinate the work activities and resources necessary for manufacturing products in accordance with cost, quality, and quantity specifications.

$121,440/yrJobs growth:Bachelor's degree

Quality Control Systems Managers

Plan, direct, or coordinate quality assurance programs. Formulate quality control policies and control quality of laboratory and production efforts.

$121,440/yrJobs growth:Bachelor's degree

Geothermal Production Managers

Manage operations at geothermal power generation facilities. Maintain and monitor geothermal plant equipment for efficient and safe plant operations.

$121,440/yrJobs growth:Bachelor's degree

Biofuels Production Managers

Manage biofuels production and plant operations. Collect and process information on plant production and performance, diagnose problems, and design corrective procedures.

$121,440/yrJobs growth:Bachelor's degree

Biomass Power Plant Managers

Manage operations at biomass power generation facilities. Direct work activities at plant, including supervision of operations and maintenance staff.

$121,440/yrJobs growth:Bachelor's degree

Hydroelectric Production Managers

Manage operations at hydroelectric power generation facilities. Maintain and monitor hydroelectric plant equipment for efficient and safe plant operations.

$121,440/yrJobs growth:Bachelor's degree

Construction Managers

Plan, direct, or coordinate, usually through subordinate supervisory personnel, activities concerned with the construction and maintenance of structures, facilities, and systems. Participate in the conceptual development of a construction project and oversee its organization, scheduling, budgeting, and implementation. Includes managers in specialized construction fields, such as carpentry or plumbing.

$106,980/yrJobs growth:Bachelor's degree

Administrative Services Managers

Plan, direct, or coordinate one or more administrative services of an organization, such as records and information management, mail distribution, and other office support services.

$106,880/yrJobs growth:Bachelor's degree

Facilities Managers

Plan, direct, or coordinate operations and functionalities of facilities and buildings. May include surrounding grounds or multiple facilities of an organization's campus.

$106,880/yrJobs growth:Bachelor's degree

Security Managers

Direct an organization's security functions, including physical security and safety of employees and facilities.

$106,880/yrJobs growth:Bachelor's degree

Chief Executives

Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.

$105,350/yrJobs growth:Bachelor's degree
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 Indiana State University, approximately 39% 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 66 graduates with reported earnings and 74 graduates with debt data. Small samples may not be representative.