Analysis
A two-year business degree from Union Bible College comes with an estimated debt load nearly double the state median. While similar associate's programs in Indiana typically saddle graduates with around $15,000 in loans, this program's estimated $24,000 burden follows patterns seen at private religious institutions nationally—where smaller endowments and higher per-student costs often translate directly to student loan balances.
The estimated first-year earnings of $43,000 match Indiana's state median for business associate's degrees, suggesting graduates likely compete effectively in local job markets. That puts the debt-to-earnings ratio at 0.56—manageable but not comfortable. Purdue Global's business grads earn roughly $8,500 more in their first year while Ivy Tech produces similar outcomes with dramatically less debt. The comparison matters because Union Bible's 87% admission rate indicates it's not selectivity driving any competitive advantage.
For families prioritizing faith-based education, these numbers suggest you'll pay a meaningful premium—about $9,000 more in loans than typical Indiana business programs—for the same estimated earning potential. That's roughly $100 extra in monthly loan payments for ten years. Make sure the specific value of Union Bible's religious environment justifies that recurring cost.
Where Union Bible College Stands
Earnings vs. debt across all business administration, management and operations associates's programs nationally
Compare to Similar Programs in Indiana
Business Administration, Management and Operations associates's programs at peer institutions in Indiana (20 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $6,230 | $43,104* | — | $24,219* | — | |
| $10,110 | $51,510* | — | $6,417* | 0.12 | |
| $30,446 | $43,104* | $44,555 | $34,791* | 0.81 | |
| $9,900 | $43,104* | $44,555 | $34,791* | 0.81 | |
| $4,912 | $39,005* | $38,318 | $11,686* | 0.30 | |
| $6,886 | $25,497* | $34,427 | $15,306* | 0.60 | |
| National Median | — | $33,977* | — | $13,980* | 0.41 |
Career Paths
Occupations commonly associated with business administration, management and operations graduates
Computer and Information Systems Managers
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Compensation and Benefits Managers
Human Resources Managers
Sales Managers
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 Union Bible College, approximately 26% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 5 similar programs in IN. Actual outcomes may vary.