Analysis
Based on comparable engineering bachelor's programs nationwide, Indiana State's graduates can expect first-year earnings around $68,000—but that falls short of what's typical in Indiana itself. The state median for engineering programs sits at $75,000, suggesting that location and employer connections within the region may matter more than the raw credential. With an estimated $26,000 in debt, the 0.38 debt-to-earnings ratio looks manageable on paper, but it's worth noting that similar programs exist in-state with stronger earning outcomes.
The school's 92% admission rate and significant Pell population (39%) point to an accessible option for families seeking an engineering degree without elite gatekeeping. However, the earnings gap between Indiana State's estimated outcomes and other in-state programs raises questions about employer preferences and network effects. Engineering is generally a reliable path to decent wages, but peer programs in Indiana appear to deliver better returns.
If your child is committed to staying in Indiana for work, investigate why graduates from comparable programs—like University of Southern Indiana—command higher salaries. The difference could be industry partnerships, curriculum focus, or simply geographic proximity to better-paying employers. The debt burden here won't be crushing, but the earnings ceiling appears lower than what Indiana's engineering market typically offers.
Where Indiana State University Stands
Earnings vs. debt across all engineering bachelors's programs nationally
Compare to Similar Programs in Indiana
Engineering bachelors's programs at peer institutions in Indiana (13 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $9,992 | $67,911* | — | $25,832* | — | |
| $10,136 | $74,976* | $78,008 | —* | — | |
| National Median | — | $67,911* | — | $26,056* | 0.38 |
Career Paths
Occupations commonly associated with engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Engineering Teachers, Postsecondary
Engineers, All Other
Energy Engineers, Except Wind and Solar
Mechatronics Engineers
Microsystems Engineers
Photonics Engineers
Robotics Engineers
Nanosystems Engineers
Wind Energy Engineers
Solar Energy Systems Engineers
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.
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 national median of 47 similar programs. Actual outcomes may vary.