Degree Dividend
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Ivy Tech Community College vs Grace College and Theological Seminary: which has better ROI?

Public, Indianapolis IN · vs · Private nonprofit, Winona Lake IN

The verdict

Neither clears its cost on institution-wide earnings, but Grace College and Theological Seminary comes closer — median earnings $45,411 against a $79,728 total, vs $37,186 at Ivy Tech Community College. (Scorecard, 2026 · our math.)

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Head to head
MeasureIvy Tech Community CollegeGrace College and Theological Seminary
Net price / yr$7,258$19,932
Total net cost$29,032$79,728
Median earnings, 10 yrs$37,186$45,411
Median debt$10,727$19,500
Payback
20-year net return-$252,512-$138,708

College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.

Which is cheaper, Ivy Tech Community College or Grace College and Theological Seminary?

Ivy Tech Community College, at $7,258 a year after aid versus $19,932 — a gap of $12,674 a year, or $50,696 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Ivy Tech Community College or Grace College and Theological Seminary graduates earn more?

Grace College and Theological Seminary graduates report a median $45,411 ten years after entry, $8,225 more than the $37,186 at Ivy Tech Community College. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.

Which leaves students with less debt, Ivy Tech Community College or Grace College and Theological Seminary?

Ivy Tech Community College: its completers carry a median $10,727 in federal loans versus $19,500 at Grace College and Theological Seminary, a difference of $8,773. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

69% of students finish at Grace College and Theological Seminary, against 41% at Ivy Tech Community College. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.

Ivy Tech Community College vs Grace College and Theological Seminary: frequently asked questions

Is Ivy Tech Community College or Grace College and Theological Seminary a better value?
Grace College and Theological Seminary comes closer, but neither clears its cost on institution-wide earnings — the field you study decides it here more than the school.
Which is cheaper, Ivy Tech Community College or Grace College and Theological Seminary?
Ivy Tech Community College: $7,258/yr net price after aid versus $19,932/yr at Grace College and Theological Seminary — a difference of $12,674 a year, or about $50,696 over four years.
Do Ivy Tech Community College or Grace College and Theological Seminary graduates earn more?
Grace College and Theological Seminary graduates earn a median $45,411 ten years after entry, versus $37,186 at Ivy Tech Community College — a $8,225 gap. This blends every major, so a specific field can flip it.