You would borrow a median $19,500 — about $222 a month for ten years. Graduates earn a median $72,424 ten years after starting, so the debt clears in roughly 0.6 years of the salary premium.
Yes — you clear the borrowing faster than at most US universities.
Under roughly 15% of gross pay, repayment is generally considered manageable alongside rent and living costs.
We do not list an award tied specifically to Purdue University yet — but national, country and subject scholarships still apply to students heading there, and each one cuts the $19,500 above.
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The typical graded university clears its debt in 1.3 years on median earnings of $57,165 against $22,500 of debt. Purdue University clears its debt faster than that, and its graduates earn $32,904 a year more than a US worker with only a high-school diploma.
| Nearby university | Grade | Debt | Earnings | Payback |
|---|---|---|---|---|
| Purdue University Indiana | B | $19,500 | $72,424 | 0.6 yrs |
| Butler University Indiana | B | $26,000 | $77,235 | 0.7 yrs |
| Rose-Hulman Institute of Technology Indiana | A | $25,000 | $101,253 | 0.4 yrs |
| Indiana University Bloomington Indiana | B | $19,509 | $63,742 | 0.8 yrs |
| University of Notre Dame Indiana | A | $19,000 | $99,980 | 0.3 yrs |
Source: US Department of Education College Scorecard — earnings and debt cover students who received federal financial aid and blend every subject taught at the institution. Figures imported 28 Aug 2026. This page is information, not financial advice.