Median Earnings (1yr)
$41,286
46th percentile (40th in IN)
Median Debt
$27,000
4% above national median
Debt-to-Earnings
0.65
Manageable
Sample Size
28
Limited data

Analysis

Saint Mary's education program falls short of Indiana benchmarks, sitting at the 40th percentile among in-state options—meaning 60% of Indiana teaching programs deliver better starting salaries. First-year earnings of $41,286 trail the state median by nearly $2,000, a meaningful gap when teacher pay is already modest. The $27,000 debt load hovers near both national and state averages, but paired with below-median earnings, it creates a less favorable financial picture than neighboring programs at Butler ($50,707) or IU-Bloomington ($46,765).

The 14% earnings growth to $46,956 by year four helps narrow the gap, though graduates still lag behind where many Indiana teachers start. The debt-to-earnings ratio of 0.65 is manageable for education majors, who typically accept lower salaries for job stability and passion for teaching. Still, parents should recognize their child would be taking on typical debt for below-typical Indiana teaching salaries.

The small sample size here matters—with fewer than 30 graduates tracked, one or two outliers could skew these figures significantly. If teaching is the goal and Saint Mary's appeals for other reasons, the financial outcome isn't disastrous. But purely from an earnings standpoint, Indiana offers stronger education programs at similar or lower price points.

Where Saint Mary's College Stands

Earnings vs. debt across all teacher education and professional development, specific levels and methods bachelors's programs nationally

Saint Mary's CollegeOther teacher education and professional development, specific levels and methods 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 Saint Mary's College graduates compare to all programs nationally

Saint Mary's College graduates earn $41k, placing them in the 46th percentile of all teacher education and professional development, specific levels and methods 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

Teacher Education and Professional Development, Specific Levels and Methods bachelors's programs at peer institutions in Indiana (40 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Saint Mary's College$41,286$46,956$27,0000.65
Butler University$50,707$45,302$27,0000.53
Indiana University-Northwest$48,497$43,671$31,0000.64
Franklin College$47,610—$27,0000.57
Indiana University-Bloomington$46,765$44,741$23,7410.51
Indiana University-Indianapolis$46,744$43,547$23,0000.49
National Median$41,809—$26,0000.62

Other Teacher Education and Professional Development, Specific Levels and Methods Programs in Indiana

Compare tuition, earnings, and debt across Indiana schools

SchoolIn-State TuitionEarnings (1yr)Debt
Butler University
Indianapolis
$45,980$50,707$27,000
Indiana University-Northwest
Gary
$8,179$48,497$31,000
Franklin College
Franklin
$37,350$47,610$27,000
Indiana University-Bloomington
Bloomington
$11,790$46,765$23,741
Indiana University-Indianapolis
Indianapolis
$10,449$46,744$23,000

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's College, approximately 24% 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 28 graduates with reported earnings and 34 graduates with debt data. Small samples may not be representative.