Funeral Service and Mortuary Science at Ivy Tech Community College
Associate's Degree
Analysis
Ivy Tech's funeral service program sits in an unusual position: it underperforms the national median by roughly $7,000 annually, yet among Indiana's three funeral service programs, it's the middle option. With median debt of just $13,219—well below both the national median ($20,000) and state median ($15,625)—the financial risk here is genuinely modest, though that comes with an asterisk about the small graduate sample size.
The practical picture is straightforward. At $37,506 in first-year earnings and a 0.35 debt-to-earnings ratio, graduates can realistically manage their loan payments. Four years out, earnings edge up to $39,244, suggesting steady rather than explosive income growth—typical for this field. If your child is comparing Indiana options, Vincennes University shows stronger earnings ($44,581), but Ivy Tech's lower debt partly offsets that gap. The real question is whether funeral service as a career justifies any program investment, given that even top performers in this field earn modestly compared to other healthcare or technical programs.
For a student committed to this profession and planning to stay in Indiana, Ivy Tech offers an affordable entry point. Just recognize you're choosing a stable, service-oriented career with limited upside rather than a high-growth field. The low debt matters more here than the below-average earnings, but keep expectations realistic about long-term earning potential.
Where Ivy Tech Community College Stands
Earnings vs. debt across all funeral service and mortuary science associates's programs nationally
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 Ivy Tech Community College graduates compare to all programs nationally
Ivy Tech Community College graduates earn $38k, placing them in the 17th percentile of all funeral service and mortuary science associates 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
Funeral Service and Mortuary Science associates's programs at peer institutions in Indiana (3 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Ivy Tech Community College | $37,506 | $39,244 | $13,219 | 0.35 |
| Vincennes University | $44,581 | — | $15,625 | 0.35 |
| Mid-America College of Funeral Service | $35,564 | — | $20,437 | 0.57 |
| National Median | $44,695 | — | $20,000 | 0.45 |
Other Funeral Service and Mortuary Science Programs in Indiana
Compare tuition, earnings, and debt across Indiana schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Vincennes University Vincennes | $6,886 | $44,581 | $15,625 |
| Mid-America College of Funeral Service Jeffersonville | $19,800 | $35,564 | $20,437 |
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 Ivy Tech Community College, approximately 23% 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 23 graduates with reported earnings and 24 graduates with debt data. Small samples may not be representative.