Analysis
A debt-to-earnings ratio of 0.57 suggests manageable financing for this business degree, though parents should understand they're evaluating estimates rather than this specific program's track record. Based on comparable business programs in Indiana, first-year earnings around $47,400 align closely with both state and national medians for the field—a reasonable but unremarkable outcome. The estimated $27,000 in debt sits slightly above the national median but would require roughly 7-8 months of gross income to repay, which falls within workable parameters for most graduates.
The challenge is that Indiana's business degree landscape shows enormous variation. Notre Dame and IU-Bloomington graduates earn 50% more in their first year than the state median, while regional campuses cluster closer to University of Evansville's projected range. Without actual outcomes data for Evansville's program, it's impossible to know whether graduates trend toward the higher-performing programs or simply track the middle. The 23% Pell grant rate suggests a student body with fewer financial safety nets, making the debt load more consequential for some families.
For parents, this means weighing an affordable but unproven option against programs with demonstrated outcomes. If your child has the credentials for IU-Bloomington or similar alternatives with reported data, those offer more certainty. If Evansville provides other compelling advantages—smaller classes, specific industry connections, or merit aid that reduces actual borrowing below $27,000—it could still work, but you're accepting more uncertainty about the return.
Where University of Evansville Stands
Earnings vs. debt across all business/commerce bachelors's programs nationally
Compare to Similar Programs in Indiana
Business/Commerce bachelors's programs at peer institutions in Indiana (22 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $42,676 | $47,406* | — | $27,000* | — | |
| $62,693 | $73,170* | $84,414 | —* | — | |
| $11,790 | $71,100* | $89,404 | $19,500* | 0.27 | |
| $8,179 | $54,860* | $57,188 | $25,250* | 0.46 | |
| $10,449 | $52,467* | $59,798 | $22,003* | 0.42 | |
| $8,179 | $48,238* | $51,179 | $20,500* | 0.42 | |
| National Median | — | $47,506* | — | $26,000* | 0.55 |
Career Paths
Occupations commonly associated with business/commerce graduates
Sales Managers
Industrial Production Managers
Quality Control Systems Managers
Geothermal Production Managers
Biofuels Production Managers
Biomass Power Plant Managers
Hydroelectric Production Managers
Construction Managers
Administrative Services Managers
Facilities Managers
Security Managers
Chief Executives
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 University of Evansville, 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.
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 12 similar programs in IN. Actual outcomes may vary.