Median Earnings (1yr)
$33,414
34th percentile (40th in IN)
Median Debt
$28,750
6% above national median
Debt-to-Earnings
0.86
Manageable
Sample Size
52
Adequate data

Analysis

Indiana State's liberal arts program leaves graduates earning about $2,500 less than the Indiana median and nearly $3,000 below the national average—placing it in just the 40th percentile statewide. That gap matters more than it might seem: while starting at $33,414 isn't dramatically lower, Indiana has 39 schools offering this degree, and several public options produce graduates earning $8,000-$12,000 more within the first year. The debt load of $28,750 is actually slightly above state and national norms, creating a debt-to-earnings ratio of 0.86 that's workable but not comfortable.

The comparison to Indiana's stronger performers is telling. Even fellow public institution IU Indianapolis sends liberal arts graduates out earning $41,499—a full 24% more than Indiana State. For a family considering in-state options, that difference compounds over time. The 92% admission rate and high proportion of Pell grant recipients (39%) suggest Indiana State serves students who need affordable access, but "access" and "value" aren't the same thing.

If your child is set on this major and needs the flexibility of Indiana State's location or structure, the debt burden won't be crushing. But if other Indiana publics are feasible, the earnings data suggests looking at programs where liberal arts graduates gain stronger traction in the job market. This isn't a terrible outcome—it's just a below-average one in a state with better options.

Where Indiana State University Stands

Earnings vs. debt across all liberal arts and sciences, general studies and humanities bachelors's programs nationally

Indiana State UniversityOther liberal arts and sciences, general studies and humanities 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 Indiana State University graduates compare to all programs nationally

Indiana State University graduates earn $33k, placing them in the 34th percentile of all liberal arts and sciences, general studies and humanities bachelors programs nationally.

Compare to Similar Programs in Indiana

Liberal Arts and Sciences, General Studies and Humanities bachelors's programs at peer institutions in Indiana (39 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Indiana State University$33,414—$28,7500.86
University of Notre Dame$45,579$59,713$18,8000.41
Indiana Wesleyan University-National & Global$43,763$39,636$27,0000.62
Indiana Wesleyan University-Marion$43,763$39,636$27,0000.62
University of Indianapolis$43,509$49,359$31,0000.71
Indiana University-Indianapolis$41,499$43,495$29,0000.70
National Median$36,340—$27,0000.74

Other Liberal Arts and Sciences, General Studies and Humanities Programs in Indiana

Compare tuition, earnings, and debt across Indiana schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Notre Dame
Notre Dame
$62,693$45,579$18,800
Indiana Wesleyan University-National & Global
Marion
$8,216$43,763$27,000
Indiana Wesleyan University-Marion
Marion
$31,168$43,763$27,000
University of Indianapolis
Indianapolis
$36,136$43,509$31,000
Indiana University-Indianapolis
Indianapolis
$10,449$41,499$29,000

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 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 52 graduates with reported earnings and 69 graduates with debt data. Small samples may not be representative.