Median Earnings (1yr)
$39,185
21st percentile (25th in IN)
Median Debt
$27,000
4% above national median
Debt-to-Earnings
0.69
Manageable
Sample Size
34
Adequate data

Analysis

Manchester University's business program starts graduates nearly $10,000 behind the Indiana state median, ranking in just the 25th percentile among the state's 41 business programs. That first-year salary of $39,185 against $27,000 in debt creates a workable but tight financial picture—you're looking at manageable payments, but less breathing room than comparable programs across Indiana. Grace College graduates, for instance, earn $23,000 more right out of the gate with similar debt loads.

The 33% earnings growth to year four is the program's strongest feature, bringing graduates closer to $52,000 and narrowing the gap with state peers. However, even at that point, earnings remain below what many Indiana business programs deliver in year one. For a school with a 91% admission rate serving a substantial population of Pell-eligible students, these outcomes suggest the program may struggle to provide the competitive advantage many business degrees promise.

If your child is set on Manchester for other reasons—fit, campus culture, specific opportunities—the debt level won't create a crisis. But purely as a return-on-investment decision for a business degree in Indiana, you can find stronger options that deliver $15,000-$20,000 more in starting salary without meaningfully higher debt. The numbers here don't make a compelling case unless non-financial factors tip the scale.

Where Manchester University Stands

Earnings vs. debt across all business administration, management and operations bachelors's programs nationally

Manchester UniversityOther business administration, management and operations 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 Manchester University graduates compare to all programs nationally

Manchester University graduates earn $39k, placing them in the 21th percentile of all business administration, management and operations 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

Business Administration, Management and Operations bachelors's programs at peer institutions in Indiana (41 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Manchester University$39,185$52,248$27,0000.69
Grace College and Theological Seminary$62,251$49,304$20,1040.32
Ball State University$60,526$59,631$20,5000.34
Indiana Wesleyan University-Marion$58,880$62,714$42,1380.72
Indiana Wesleyan University-National & Global$58,880$62,714$42,1380.72
Purdue University Global$57,308$52,586$45,1760.79
National Median$45,703—$26,0000.57

Other Business Administration, Management and Operations Programs in Indiana

Compare tuition, earnings, and debt across Indiana schools

SchoolIn-State TuitionEarnings (1yr)Debt
Grace College and Theological Seminary
Winona Lake
$30,034$62,251$20,104
Ball State University
Muncie
$10,758$60,526$20,500
Indiana Wesleyan University-Marion
Marion
$31,168$58,880$42,138
Indiana Wesleyan University-National & Global
Marion
$8,216$58,880$42,138
Purdue University Global
West Lafayette
$10,110$57,308$45,176

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 Manchester University, approximately 44% 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 34 graduates with reported earnings and 33 graduates with debt data. Small samples may not be representative.