Indiana

Average student debt in Indiana — 25 colleges, and what their graduates earn

Every Indiana university with published federal figures, ordered by how fast the debt clears. The typical graded US university clears its debt in 1.3 years on median earnings of $57,146 against $22,500 of debt.

#UniversityGradeYou borrowMonthlyYou earnDebt clears in
1 University of Notre Dame Indiana A $19,000 $216 $99,980 0.3 yrs
2 Rose-Hulman Institute of Technology Indiana A $25,000 $284 $101,253 0.4 yrs
3 Purdue University Indiana B $19,500 $222 $72,424 0.6 yrs
4 Butler University Indiana B $26,000 $296 $77,235 0.7 yrs
5 Indiana University Bloomington Indiana B $19,509 $222 $63,742 0.8 yrs
6 DePauw University Indiana B $27,000 $307 $70,527 0.9 yrs
7 Wabash College Indiana B $27,000 $307 $69,952 0.9 yrs
8 Valparaiso University Indiana C $26,942 $306 $63,191 1.1 yrs
9 Indiana Wesleyan University, Marion Indiana C $24,250 $276 $59,986 1.2 yrs
10 Trine University Indiana C $25,000 $284 $57,165 1.4 yrs
11 Taylor University Indiana C $20,500 $233 $52,198 1.6 yrs
12 University of Evansville Indiana D $24,606 $280 $53,770 1.7 yrs
13 Hanover College Indiana D $25,250 $287 $53,957 1.8 yrs
14 Goshen College Indiana D $22,974 $261 $51,943 1.9 yrs
15 Ball State University Indiana D $23,250 $264 $51,833 1.9 yrs
16 University of Indianapolis Indiana D $26,864 $305 $53,610 1.9 yrs
17 Earlham College Indiana D $23,488 $267 $50,797 2.1 yrs
18 Purdue University Northwest Indiana D $21,229 $241 $48,318 2.4 yrs
19 Indiana University Southeast Indiana D $19,684 $224 $47,596 2.4 yrs
20 University of Southern Indiana Indiana D $20,105 $229 $47,605 2.5 yrs
21 Indiana State University Indiana F $24,000 $273 $48,387 2.7 yrs
22 Indiana Institute of Technology Indiana F $26,391 $300 $47,327 3.4 yrs
23 Purdue University Fort Wayne Indiana F $21,500 $244 $45,872 3.4 yrs
24 Huntington University Indiana F $25,576 $291 $46,672 3.6 yrs
25 Indiana University at South Bend Indiana F $21,355 $243 $44,947 3.9 yrs

In-state tuition is the lever that moves this most

The debt column is shaped far more by residency and institutional aid than by anything else. If you are applying from another state or another country, the figures here understate what you would borrow — check the university's own net price for your situation.

Read the salary next to the debt, never alone

Two universities in this state with identical graduate salaries can be two grades apart, because one leaves students owing twice as much. The payback column is the one that combines both.

Questions

Which university in Indiana pays back fastest?
University of Notre Dame — $99,980 median earnings against $19,000 of debt, clearing in about 0.3 years.
How much do US students typically borrow?
Across the 810 universities we grade, median debt at graduation is $22,500 — about $256 a month on the standard ten-year federal plan.
Can scholarships change these numbers?
Directly. Every award comes off the borrowing before you ever repay it, which shortens the payback on each university page. Each page lists the scholarships we hold for that institution.
All payback rankings Fastest payback Lowest debt Highest earnings Scholarships that cut the debt How we calculate this

Source: US Department of Education College Scorecard. Figures cover students who received federal financial aid and blend every subject at each institution. Information only, not financial advice.