Median Earnings (1yr)
$26,455
54th percentile
60th percentile in Indiana
Median Debt
$27,000
8% above national median

Analysis

Wabash's Religion program shows something unusual: graduates carry debt right at the national median, yet initial earnings barely exceed $26,000. Here's the concerning part—that debt-to-earnings ratio of 1.02 means graduates owe essentially a full year's salary right out of college. While the program ranks in the 60th percentile among Indiana's religious studies offerings, that's largely because the field itself pays modestly everywhere. The more meaningful comparison is debt: Wabash students graduate with less debt than 75% of programs nationally, suggesting reasonable institutional financial aid even at a school where less than a quarter of students receive Pell grants.

The small sample size (fewer than 30 graduates tracked) limits confidence in these numbers, but the pattern aligns with what you'd expect from a liberal arts major at a selective men's college. Students aren't choosing this path for immediate financial returns. The real question for families is whether the Wabash experience—tight-knit community, strong alumni network—justifies borrowing $27,000 for a career start in the mid-$20,000s.

If your child is genuinely passionate about religious studies and you can minimize borrowing, Wabash's relatively controlled debt levels work in your favor. But if you're hoping the degree leads to clear professional pathways with quick debt payoff, the numbers suggest looking at complementary majors or double-degree options that might boost that initial earning power.

Where Wabash College Stands

Earnings vs. debt across all religion/religious studies bachelors's programs nationally

Earnings Distribution

How Wabash College graduates compare to all programs nationally

Compare to Similar Programs Nationally

Religion/Religious Studies bachelors's programs at top institutions nationally

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Wabash CollegeCrawfordsville$49,125$26,455—$27,0001.02
Yeshivas Be'er YitzchokElizabeth$11,450$61,244———
Jewish Theological Seminary of AmericaNew York$65,545$56,236—$16,7500.30
Faith International UniversityTacoma$8,850$42,103—$17,8130.42
Liberty UniversityLynchburg$21,222$38,540$44,318$36,4950.95
Beth Medrash GovohaLakewood—$36,798$47,226——
National Median—$25,450—$25,0000.98

Career Paths

Occupations commonly associated with religion/religious studies graduates

Area, Ethnic, and Cultural Studies Teachers, Postsecondary

Teach courses pertaining to the culture and development of an area, an ethnic group, or any other group, such as Latin American studies, women's studies, or urban affairs. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Philosophy and Religion Teachers, Postsecondary

Teach courses in philosophy, religion, and theology. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:
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 Wabash College, 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.