Based on U.S. Department of Education data (October 2025 release). Some figures are estimates based on similar programs — see details below.
Analysis
Indiana State's engineering technology program shows estimated first-year earnings of $66,626—significantly higher than the $50,059 median for similar programs in Indiana. That gap suggests this program may be positioning graduates differently than its in-state competitors, though it's worth noting these figures come from national peer data rather than tracked outcomes of Indiana State's own graduates.
The estimated debt load of $24,736 translates to a debt-to-earnings ratio of 0.37, meaning graduates would owe roughly 4.5 months of their first-year salary. That's manageable by any reasonable standard, particularly for a technical field where employers value hands-on skills. With 39% of students receiving Pell grants, this appears to be a practical pathway for families seeking middle-class earning potential without crushing debt.
The uncertainty here cuts both ways. Indiana State's actual outcomes could lag the national benchmark if the program struggles to match the placement success of stronger engineering technology schools. Or they could exceed it if the school has cultivated strong regional employer relationships. For families considering this program, the key question isn't whether engineering technology can deliver solid returns—it generally does—but whether this specific implementation at Indiana State connects graduates to the kind of opportunities that justify the higher projected earnings versus other Indiana options.
Where Indiana State University Stands
Earnings vs. debt across all engineering technologies/technicians bachelors's programs nationally
Compare to Similar Programs in Indiana
Engineering Technologies/Technicians bachelors's programs at peer institutions in Indiana (3 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $9,992 | $66,626* | — | $24,736* | — | |
| $9,992 | $50,059* | — | $21,500* | 0.43 | |
| National Median | — | $66,626* | — | $25,000* | 0.38 |
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 14 similar programs. Actual outcomes may vary.