Grace College and Theological Seminary — ROI, Cost & Payback
Grace College and Theological Seminary charges a net price of $19,932/yr after aid — a 4-year total of $79,728. Median earnings ten years after entry are $45,411, below the $48,360 high-school baseline, so on this institution-wide metric the degree does not clear its cost. Program choice is what changes that. (Scorecard, 2026 · our math.)
On institution-wide earnings, Grace College and Theological Seminary does not clear its cost — it ranks #44 of 56 Indiana colleges we track by ROI. The specific program you pick moves this more than the school average.
| Measure | Value | Source |
|---|---|---|
| Net price (after aid) | $19,932/yr | Scorecard, 2026 |
| Total net cost (4 yrs) | $79,728 | our math |
| Median earnings, 10 yrs after entry | $45,411 | Scorecard, 2026 |
| Earnings premium over HS baseline | -$2,949/yr | our math |
| Median debt (completers) | $19,500 | Scorecard, 2026 |
| Payback | does not clear | our math |
| 20-year net return | -$138,708 | our math |
College Scorecard (2026 release), institution-level · payback and returns are our math.
The arithmetic, on Grace College and Theological Seminary's own numbers. Net price $19,932 × 4 years = $79,728 total. Median earnings $45,411 fall $2,949 short of the $48,360 high-school baseline, so the premium this formula divides by is not positive and no break-even year exists on institution-wide pay. A programme here earning $58,360 would clear the $79,728 bill in about 8.0 years — the gap, not the price, is what blocks payback. Full method.
How much debt do Grace College and Theological Seminary students graduate with?
A median $19,500 in federal loans among completers, or 43% of the $45,411 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.
What share of Grace College and Theological Seminary students graduate?
69% finish their degree — 31% leave carrying the cost without the credential. Spread the $79,728 bill across that completion rate and the cohort pays $115,548 per graduate produced — our math, and the figure a payback number never shows.
Is Grace College and Theological Seminary expensive compared with other Indiana colleges?
Its $19,932 net price runs $235 above the $19,698 median across the 56 Indiana colleges we profile, or $938 more across the full degree.