Degree Dividend
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The cost of college in Indiana — and what it pays back

Across the 56 Indiana institutions we profile, the median net price — what students actually pay after grants and scholarships — is $19,698/yr, $2,796 above the $16,902 national median. Graduates earn a median $49,408 ten years after entry (above the $43,549 national median), and 31 of the 56 schools clear their full cost on institution-wide earnings. (Scorecard, 2026 · our math.)

$19,698
Median net price / yr
Scorecard, 2026
$49,408
Median earnings, 10 yrs
Scorecard, 2026
10.2 yrs
Median payback
Our math, 2026
31/56
Schools that pay back
Our math, 2026

How Indiana's 56 colleges split by ROI verdict

Strong
9
Solid
6
Slow
9
Weak
32

Verdicts: payback under 5 / 10 / 20 / over 20 years (or none).

Best-value Indiana colleges — fastest payback
CollegeNet price/yrEarnings 10yPayback
University of Notre Dame$26,780$99,9802.1 yrs
Purdue University-Main Campus$14,600$72,4242.4 yrs
Rose-Hulman Institute of Technology$42,513$101,2533.2 yrs
Marian University-Ancilla$19,463$58,7593.7 yrs
DePauw University$22,264$70,5274 yrs
Cheapest Indiana colleges by net price
CollegeNet price/yrEarnings 10yPayback
Indiana University-Kokomo$3,968$49,91710.2 yrs
Indiana University-Northwest$5,130$43,361no payback
Purdue University Northwest$6,079$48,318no payback
Ivy Tech Community College$7,258$37,186no payback
Purdue University Global$7,770$36,596no payback

How many Indiana colleges actually pay for themselves?

31 of 56 — 55% of the Indiana institutions we profile clear their full net cost on institution-wide earnings above the $48,360 high-school baseline. The rest need a high-paying major to pay off; the school average alone does not do it.

Do Indiana graduates out-earn the national median?

Indiana graduates report a median $49,408 ten years after entry, $5,860 above the $43,549 national median. Earnings track the local labour market and the mix of fields the state's colleges graduate, not the state border itself.

Frequently asked questions

How much does college cost in Indiana?
The median net price across Indiana colleges is $19,698/yr after aid — above the $16,902 national median. Sticker prices run far higher; net price is what the typical aided student actually pays.
Is college in Indiana cheaper than the national average?
No — the median Indiana net price of $19,698/yr runs about $2,796/yr above the $16,902 national median. Individual schools vary widely, so check each profile.
What do Indiana college graduates earn?
A median $49,408 ten years after entry (College Scorecard), above the $43,549 national median.
Which Indiana college pays for itself fastest?
University of Notre Dame — about 2.1 years to clear its $107,120 total net cost on earnings above the high-school baseline. The full ranking is on our best-colleges-in-indiana page.