Median Earnings (1yr)
$37,506
17th percentile
Median Debt
$13,219
34% below national median

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

Earnings Distribution

How Ivy Tech Community College graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Ivy Tech Community College$37,506$39,244+5%
American Academy McAllister Institute of Funeral Service$47,982$59,793+25%
FINE Mortuary College$52,580$56,293+7%
Tidewater Community College$39,431$55,536+41%
Worsham College of Mortuary Science$50,043$53,137+6%

Compare to Similar Programs in Indiana

Funeral Service and Mortuary Science associates's programs at peer institutions in Indiana (3 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Ivy Tech Community CollegeIndianapolis$4,912$37,506$39,244$13,2190.35
Vincennes UniversityVincennes$6,886$44,581$15,6250.35
Mid-America College of Funeral ServiceJeffersonville$19,800$35,564$20,4370.57
National Median$44,695$20,0000.45

Career Paths

Occupations commonly associated with funeral service and mortuary science graduates

Funeral Home Managers

Plan, direct, or coordinate the services or resources of funeral homes. Includes activities such as determining prices for services or merchandise and managing the facilities of funeral homes.

$59,420/yrJobs growth:Associate's degree

Morticians, Undertakers, and Funeral Arrangers

Perform various tasks to arrange and direct individual funeral services, such as coordinating transportation of body to mortuary, interviewing family or other authorized person to arrange details, selecting pallbearers, aiding with the selection of officials for religious rites, and providing transportation for mourners.

$59,420/yrJobs growth:Associate's degree

Embalmers

Prepare bodies for interment in conformity with legal requirements.

Crematory Operators

Operate crematory equipment to reduce human or animal remains to bone fragments in accordance with state and local regulations. Duties may include preparing the body for cremation and performing general maintenance on crematory equipment. May use traditional flame-based cremation, calcination, or alkaline hydrolysis.

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.