Analysis
Saint Mary-of-the-Woods graduates start at $41,943—already below the Indiana median of $45,802—and then see earnings drop 7% by year four. Among Indiana's 17 special education programs, this lands in the 40th percentile, trailing not just the flagship universities but also regional competitors like University of Southern Indiana. The state's top programs consistently deliver $45,000+ in first-year earnings; here, graduates are earning less than that even after four years in the field.
The debt picture offers modest relief: at $23,252, borrowing sits right at the Indiana median and below the national average. The 0.55 debt-to-earnings ratio is manageable for a teaching career, though it would be more compelling if earnings were growing rather than contracting. With half of students receiving Pell grants, many families here are stretching financially to attend, making the earnings trajectory particularly concerning.
For an anxious parent considering this program, the question is straightforward: why pay private college tuition for below-median outcomes? If your child is set on special education in Indiana, Ball State delivers $47,500 in first-year earnings—14% more than this program—likely at a lower in-state cost. Saint Mary-of-the-Woods may offer smaller classes and community, but those advantages need to justify both the opportunity cost and the downward earnings trend that begins immediately after graduation.
Where Saint Mary-of-the-Woods College Stands
Earnings vs. debt across all special education and teaching bachelors's programs nationally
Earnings Distribution
How Saint Mary-of-the-Woods College graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Saint Mary-of-the-Woods College | $41,943 | $39,062 | -7% |
| Indiana University-Bloomington | $51,306 | $51,531 | +0% |
| Ball State University | $47,499 | $45,379 | -4% |
| University of Southern Indiana | $44,104 | $43,225 | -2% |
| Vincennes University | $39,867 | $39,544 | -1% |
Compare to Similar Programs in Indiana
Special Education and Teaching bachelors's programs at peer institutions in Indiana (17 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $33,490 | $41,943 | $39,062 | $23,252 | 0.55 | |
| $11,790 | $51,306 | $51,531 | $19,500 | 0.38 | |
| $9,992 | $48,773 | — | $26,276 | 0.54 | |
| $10,758 | $47,499 | $45,379 | $23,250 | 0.49 | |
| $10,136 | $44,104 | $43,225 | $27,000 | 0.61 | |
| $6,886 | $39,867 | $39,544 | $21,710 | 0.54 | |
| National Median | — | $44,139 | — | $26,717 | 0.61 |
Career Paths
Occupations commonly associated with special education and teaching graduates
Education Teachers, Postsecondary
Special Education Teachers, Preschool
Special Education Teachers, Middle School
Special Education Teachers, Secondary School
Special Education Teachers, All Other
Adapted Physical Education Specialists
Interpreters and Translators
Special Education Teachers, Kindergarten
Special Education Teachers, Elementary School
Teaching Assistants, Special Education
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 Saint Mary-of-the-Woods College, approximately 51% 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.