Median Earnings (1yr)
$27,595
67th percentile (40th in IN)
Median Debt
$22,750
10% below national median
Debt-to-Earnings
0.82
Manageable
Sample Size
138
Adequate data

Analysis

IU-Indianapolis's Fine Arts program manages to keep debt reasonable while delivering earnings that beat the national average—but within Indiana, it's solidly middle-of-the-pack. Starting at $27,595, graduates earn more than two-thirds of their peers nationally, yet fall below the state median of $28,090. The $22,750 debt load is manageable (less than one year's starting salary), and the 30% earnings jump to $35,749 by year four suggests graduates find their footing in creative careers, even if the initial path isn't always smooth.

The real question is whether families should consider stronger Indiana alternatives. IU-Southeast and IU-Bloomington both produce higher-earning Fine Arts graduates, while University of Southern Indiana and Ball State also edge ahead. Given that many students choose between IU campuses for in-state tuition reasons, the Indianapolis location offers convenience but not a financial advantage over these peers. The 81% acceptance rate and moderate SAT scores (1146) suggest accessibility, which matters for students prioritizing creative development over selective admissions.

For an anxious parent, this comes down to fit versus outcomes. If your child thrives in an urban environment with Indianapolis's arts scene nearby, the debt burden won't crush them and earnings improve significantly with experience. But if maximizing early earnings matters—or if IU-Southeast's Jeffersonville campus or IU-Bloomington's reputation appeals equally—those programs deliver $1,000-$3,500 more annually right out of the gate.

Where Indiana University-Indianapolis Stands

Earnings vs. debt across all fine and studio arts bachelors's programs nationally

Indiana University-IndianapolisOther fine and studio arts 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 University-Indianapolis graduates compare to all programs nationally

Indiana University-Indianapolis graduates earn $28k, placing them in the 67th percentile of all fine and studio arts 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

Fine and Studio Arts bachelors's programs at peer institutions in Indiana (36 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Indiana University-Indianapolis$27,595$35,749$22,7500.82
Indiana University-Southeast$31,194$26,915$18,9420.61
Indiana University-Bloomington$29,344$40,882$19,5000.66
University of Southern Indiana$28,890$37,069$22,6370.78
Ball State University$28,405$37,579$25,6370.90
Purdue University Fort Wayne$27,775$32,752$26,8730.97
National Median$24,742—$25,2951.02

Other Fine and Studio Arts Programs in Indiana

Compare tuition, earnings, and debt across Indiana schools

SchoolIn-State TuitionEarnings (1yr)Debt
Indiana University-Southeast
New Albany
$8,179$31,194$18,942
Indiana University-Bloomington
Bloomington
$11,790$29,344$19,500
University of Southern Indiana
Evansville
$10,136$28,890$22,637
Ball State University
Muncie
$10,758$28,405$25,637
Purdue University Fort Wayne
Fort Wayne
$9,254$27,775$26,873

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 University-Indianapolis, approximately 36% 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 138 graduates with reported earnings and 143 graduates with debt data. Small samples may not be representative.