Rankings / By State

Best Colleges in Indiana

By David Krug, Co-Founder, CollegeRanker · Updated 2026-05-31 · 43 schools · Agent Insights

Schools Analyzed

$55,801

Avg. Earnings (10yr)

58%

Avg. Graduation Rate

$19,188

Avg. Net Price

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When choosing a college, students and families often look for institutions that not only provide quality education but also offer promising outcomes. The schools in Indiana listed here share a commitment to fostering student success and preparing graduates for the workforce. With average earnings of $55,801 among graduates from these institutions, it's clear that many students are on track for solid financial futures.

What sets the top schools apart in this list are the key metrics that reflect their performance: graduation rates, earnings potential, student debt, and upward mobility. For instance, schools with higher graduation rates tend to correlate with better earnings post-graduation, which is a crucial consideration for families evaluating the long-term value of a degree. Below, you’ll find a ranking that highlights these important factors, helping you to identify which programs might align best with your goals.

Take the University of Notre Dame and Indiana University-Kokomo, for example. Notre Dame boasts impressive earnings of $99,980 and a graduation rate of 96%, while Indiana University-Kokomo shows earnings of $49,917 with a graduation rate of only 45%. This stark difference illustrates how critical graduation rates and post-college earnings are in assessing a school's value. Understanding these contrasts can help families make informed choices as they explore their options.

Key Findings

University of Notre Dame graduates earn an average of $99,980, the highest in Indiana.

Purdue University has an 83% graduation rate, significantly above the state average of 58%.

Indiana University-Kokomo has the lowest graduation rate on this list at 45%, underscoring the importance of completion.

With an average debt of $19,000, graduates from Notre Dame carry less debt compared to the $27,000 debt faced by DePauw University graduates.

Quick Numbers

Schools ranked 43

Avg. earnings at 10yr $55,801

Avg. graduation rate 58%

Avg. net price $19,188

Avg. median debt $23,341

How We Ranked

Composite score for institutions in Indiana

Read our full methodology →

Earnings vs. Cost

Each dot is a ranked school. Up = higher earnings. Right = higher cost. Top-left is the best value.

Graduation Rates

Longer bars = higher graduation rate.

Top 3

University of Notre Dame

Notre Dame, IN

Graduation96%

Earnings$99,980

Net Price$26,780

View full profile →

DePauw University

Greencastle, IN

Graduation77%

Earnings$70,527

Net Price$22,264

View full profile →

Ball State University

Muncie, IN

Graduation63%

Earnings$51,833

Net Price$14,940

View full profile →

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Full Rankings

University of Notre Dame

Notre Dame, IN · 8,818 students · Private nonprofit

With a graduation rate of 96%, the University of Notre Dame demonstrates a strong commitment to student success. The campus culture fosters a sense of community and belonging, encouraging students to engage deeply in their academics and extracurricular activities. Graduates can expect to earn a median salary of $99,980 ten years after enrollment, which speaks to the value of a Notre Dame degree in today’s job market.

11% accepted 96% graduate $99,980 earnings

University's full profile

DePauw University

Greencastle, IN · 1,905 students · Private nonprofit

DePauw University, a smaller private school in Greencastle, Indiana, has a close-knit community with around 1,900 students. It has a graduation rate of 77%, which reflects the supportive environment where students can develop their passions. Graduates earn a median salary of $70,527 ten years post-graduation, making a DePauw degree a valuable asset in the job market.

57% accepted 77% graduate $70,527 earnings

DePauw's full profile

Ball State University

Muncie, IN · 13,988 students · Public

Ball State University in Muncie, Indiana, is a vibrant public institution with nearly 14,000 students, known for its welcoming atmosphere and diverse program offerings. The sense of community here is enhanced by an acceptance rate of 86%, making it an accessible option for many students. A graduation rate of 63% indicates that students are getting the support they need to succeed, especially in a campus culture that encourages involvement and engagement.

86% accepted 63% graduate $51,833 earnings

Goshen College

Goshen, IN · 773 students · Private nonprofit

Goshen College, with a smaller student population of 773, offers an intimate, community-driven educational experience in the heart of Goshen. With a graduation rate of 63%, the college nurtures students in their academic journeys, emphasizing personal development and social responsibility.

84% accepted 63% graduate $51,943 earnings

Goshen's full profile

Valparaiso University

Valparaiso, IN · 2,083 students · Private nonprofit

Valparaiso University, located in Valparaiso, Indiana, offers a strong liberal arts education within a supportive private nonprofit framework. With a student body of 2,083 and an acceptance rate of 89%, the university is committed to inclusivity and providing pathways to success. A graduation rate of 69% shows that many students are reaching their academic goals, benefitting from a nurturing environment that encourages personal and academic growth.

89% accepted 69% graduate $63,191 earnings

Valparaiso's full profile

University of Evansville

Evansville, IN · 1,539 students · Private nonprofit

Situated in Evansville, Indiana, the University of Evansville is a private nonprofit school that offers a unique blend of personalized education and a strong sense of community. With an acceptance rate of 78% and a student population of 1,539, students here benefit from small class sizes and closer relationships with faculty. The graduation rate of 68% reflects the university's commitment to student success and engagement in academic life.

78% accepted 68% graduate $53,770 earnings

University's full profile

Grace College and Theological Seminary

Winona Lake, IN · 1,464 students · Private nonprofit

Grace College and Theological Seminary, located in serene Winona Lake, caters to a student body of 1,464 with a focus on both academic and spiritual growth. The school has a solid graduation rate of 69%, reflecting its commitment to student success and community engagement.

82% accepted 69% graduate $45,411 earnings

Wabash College

Crawfordsville, IN · 866 students · Private nonprofit

Wabash College, located in Crawfordsville, Indiana, is known for its strong emphasis on liberal arts education, attracting students who thrive in a close-knit community. With a student body of just 866, Wabash fosters an environment where personalized attention from faculty is a priority, contributing to a graduation rate of 77%. The college’s focus on developing critical thinking and leadership skills resonates well with students seeking a transformative college experience.

63% accepted 77% graduate $69,952 earnings

Wabash's full profile

Butler University

Indianapolis, IN · 4,317 students · Private nonprofit

Butler University, located in Indianapolis, enrolls 4,317 students and boasts a strong graduation rate of 80%. This institution emphasizes a personalized education experience, preparing students for both professional success and personal growth in a vibrant campus environment.

85% accepted 80% graduate $77,235 earnings

Butler's full profile

#10

Oakland City University

Oakland City, IN · 499 students · Private nonprofit

With a graduation rate of 68%, Oakland City University has demonstrated its commitment to student success in a smaller setting of 499 students. This close community fosters strong connections among students and faculty, allowing for a more intimate learning experience that many find beneficial as they navigate their college journey.

83% accepted 68% graduate $43,283 earnings

Oakland's full profile

#11

Earlham College

Richmond, IN · 670 students · Private nonprofit

Earlham College, a private nonprofit in Richmond, Indiana, cultivates a small, intimate campus atmosphere with just 670 students. With a 68% graduation rate, it attracts those looking for a close-knit academic community that prioritizes thoughtful engagement and personal growth through a rigorous liberal arts education.

73% accepted 68% graduate $50,797 earnings

Earlham's full profile

#12

Huntington University

Huntington, IN · 1,082 students · Private nonprofit

With a graduation rate of 66%, Huntington University has a solid track record of helping students complete their degrees. The close-knit community of around 1,082 students cultivates a supportive environment where individual attention is emphasized, making it an appealing option for those seeking a more personalized college experience.

76% accepted 66% graduate $46,672 earnings

Huntington's full profile

#13

Taylor University

Upland, IN · 2,025 students · Private nonprofit

Located in Upland, IN, Taylor University is a private nonprofit institution with a strong graduation rate of 75%. This smaller school of 2,025 students emphasizes a comprehensive educational experience grounded in Christian values, attracting students who seek a faith-based community.

74% accepted 75% graduate $52,198 earnings

Taylor's full profile

#14

Hanover College

Hanover, IN · 1,031 students · Private nonprofit

Hanover College, home to around 1,031 students, is nestled in the scenic town of Hanover, IN. The college's 65% graduation rate reflects a commitment to student success, with a focus on creating meaningful connections between faculty and students, which enhances the overall educational experience.

84% accepted 65% graduate $53,957 earnings

Hanover's full profile

#15

Saint Mary's College

Notre Dame, IN · 1,458 students · Private nonprofit

Saint Mary's College, located in Notre Dame, IN, is known for its commitment to empowering women through education. With a graduation rate of 73%, students here benefit from a nurturing environment that encourages personal and academic growth, fostering a strong sense of community among the 1,458 students.

76% accepted 73% graduate $59,354 earnings

Indiana State University

Terre Haute, IN · 6,188 students · Public

With 6,188 students, Indiana State University fosters a vibrant campus environment in Terre Haute. The school has a strong commitment to accessibility, evident in its 81% acceptance rate and the 42% of students receiving Pell Grants, suggesting a diverse student body where many can find their place.

81% accepted 42% graduate $48,387 earnings

Indiana's full profile

#17

Purdue University-Main Campus

West Lafayette, IN · 44,503 students · Public

Purdue University-Main Campus is home to over 44,000 students, creating a vibrant and diverse academic community. The university is known for its focus on engineering and technology, and its graduation rate of 83% reflects strong student support systems. Graduates of Purdue can expect to earn a median salary of $72,424 in their careers, demonstrating solid return on investment for their education.

50% accepted 83% graduate $72,424 earnings

Purdue's full profile

#18

University of Indianapolis

Indianapolis, IN · 3,005 students · Private nonprofit

The University of Indianapolis is a vibrant private nonprofit institution with around 3,005 students, offering a well-rounded educational experience in the heart of Indianapolis. With a graduation rate of 56%, the university is focused on equipping students with practical skills and opportunities that align with market demands.

67% accepted 56% graduate $53,610 earnings

University's full profile

#19

Manchester University

North Manchester, IN · 936 students · Private nonprofit

Manchester University, with a student body of 936, promotes a values-driven education that emphasizes community and social responsibility. While the graduation rate is lower at 45%, the university fosters a supportive environment that encourages students to grow both academically and personally, appealing especially to those who thrive in small, tight-knit settings.

71% accepted 45% graduate $51,504 earnings

Manchester's full profile

#20

Indiana University-Indianapolis

Indianapolis, IN · 13,830 students · Public

Indiana University-Indianapolis is notable for its strong graduation rate of 54%, indicating its dedication to helping students complete their degrees. With a vibrant campus culture in the heart of Indianapolis, this university is a great choice for students who thrive in urban environments and seek diverse opportunities for internships and networking.

76% accepted 54% graduate $55,198 earnings

Indiana's full profile

#21

Trine University

Angola, IN · 2,324 students · Private nonprofit

Located in Angola, Indiana, Trine University has a vibrant community of 2,324 students and a focus on practical learning experiences. With a graduation rate of 66%, students find themselves well-prepared for their careers, especially in fields aligned with the university's strong engineering and business programs.

85% accepted 66% graduate $57,165 earnings

Indiana University-Bloomington

Bloomington, IN · 37,806 students · Public

Indiana University-Bloomington, with nearly 38,000 students, offers a rich blend of academic programs and campus life. The university's graduation rate stands at 81%, indicating that a significant majority of students find their footing and complete their degrees. Graduates can anticipate median earnings of $63,742 a decade after starting their studies, suggesting a strong career trajectory for many alumni.

78% accepted 81% graduate $63,742 earnings

Indiana's full profile

#23

Indiana University-Kokomo

Kokomo, IN · 2,352 students · Public

With a welcoming acceptance rate of 86%, Indiana University-Kokomo is an accessible choice for many students. This public university supports a diverse student body, including 33% Pell Grant recipients, and encourages a tight-knit community that fosters personal growth and academic success.

86% accepted 45% graduate $49,917 earnings

Indiana's full profile

#24

Indiana University-East

Richmond, IN · 2,589 students · Public

Indiana University-East in Richmond, IN is worth considering for its supportive community and focused academic offerings, with a graduation rate of 42%. The university has a smaller student population of 2,589, which can foster closer relationships between students and faculty, enhancing the overall educational experience.

67% accepted 42% graduate $47,156 earnings

Indiana's full profile

#25

Indiana University-Southeast

New Albany, IN · 3,170 students · Public

With a welcoming acceptance rate of 84%, Indiana University-Southeast in New Albany, IN is a solid option for students looking for a supportive environment. The school has a diverse student body of 3,170 and offers a range of programs that cater to various interests and career paths.

84% accepted 36% graduate $47,596 earnings

Indiana's full profile

#26

Rose-Hulman Institute of Technology

Terre Haute, IN · 2,309 students · Private nonprofit

Rose-Hulman Institute of Technology stands out for its impressive 80% graduation rate, reflecting a strong commitment to student success in the engineering and technology fields. With a small student body of just over 2,300, students benefit from personalized attention and resources tailored to help them excel academically and professionally.

77% accepted 80% graduate $101,253 earnings

Rose-Hulman's full profile

#27

University of Saint Francis-Fort Wayne

Fort Wayne, IN · 1,567 students · Private nonprofit

With a student population of 1,567, the University of Saint Francis in Fort Wayne, IN, emphasizes a personal touch in education. Its 96% acceptance rate suggests a welcoming community for students from diverse backgrounds, and with nearly half of its students receiving Pell Grants, this school is committed to accessibility for those who need it most.

96% accepted 58% graduate $55,362 earnings

University's full profile

#28

Indiana Institute of Technology

Fort Wayne, IN · 1,441 students · Private nonprofit

The Indiana Institute of Technology in Fort Wayne serves 1,441 students, yet faces a challenge with a graduation rate of only 38%. This statistic may raise concerns, but the focus on practical skills prepares graduates for a workforce that values employability. They can expect to earn a median salary of $47,327 ten years after obtaining their degree, hinting that those who persist can find good opportunities.

70% accepted 38% graduate $47,327 earnings

Indiana's full profile

#29

Purdue University Northwest

Hammond, IN · 5,671 students · Public

Purdue University Northwest, located in Hammond, IN, serves over 5,600 students and emphasizes a commitment to student success with a 72% acceptance rate. The university's focus on applied learning experiences prepares students for real-world challenges, making it a solid option for those looking to enter the workforce equipped with hands-on skills.

72% accepted 43% graduate $48,318 earnings

Purdue's full profile

#30

Union Bible College

Westfield, IN · 206 students · Private nonprofit

Union Bible College is a unique option with a strong community spirit, and it welcomes a small cohort of 206 students. With an acceptance rate of 91%, this college focuses on providing a nurturing environment for students interested in biblical studies and personal development, making it an appealing choice for those with faith-centered goals.

91% accepted 43% graduate

Franklin College

Franklin, IN · 900 students · Private nonprofit

With a welcoming campus atmosphere and a small student body of about 900, Franklin College fosters close relationships between students and faculty. This environment can make a big difference in educational experiences, allowing for personalized attention and support that might be harder to find at larger institutions.

70% accepted 62% graduate $55,376 earnings

Franklin's full profile

#32

Indiana Wesleyan University-Marion

Marion, IN · 1,974 students · Private nonprofit

Indiana Wesleyan University in Marion, IN, is a vibrant hub for nearly 2,000 students, offering a strong sense of community and a focus on holistic education. The 67% graduation rate reflects a supportive environment that helps students complete their degrees and transition into the workforce successfully.

89% accepted 67% graduate $59,986 earnings

Indiana's full profile

#33

Indiana University-South Bend

South Bend, IN · 3,933 students · Public

Indiana University-South Bend serves a larger student body of 3,933, creating a diverse environment with a variety of academic and social opportunities. Despite a graduation rate of only 38%, the campus is a hub for those looking to engage with a broad range of experiences and perspectives, making it a lively place to pursue a degree.

84% accepted 38% graduate $44,947 earnings

Indiana's full profile

#34

Bethel University

Mishawaka, IN · 1,008 students · Private nonprofit

Nestled in Mishawaka, Indiana, Bethel University hosts around 1,008 students in a private nonprofit setting. The school emphasizes a quality education with a 55% graduation rate, catering to individuals who appreciate a nurturing environment that combines faith-based values with academic excellence.

98% accepted 55% graduate $48,860 earnings

Bethel's full profile

#35

Purdue University Fort Wayne

Fort Wayne, IN · 5,484 students · Public

Purdue University Fort Wayne offers a dynamic community of 5,484 students and is known for its commitment to accessible education, reflected in its 84% acceptance rate. This public university provides numerous academic programs designed to prepare students for success in various fields.

84% accepted 34% graduate $45,872 earnings

Purdue's full profile

#36

Indiana University-Northwest

Gary, IN · 2,661 students · Public

With a welcoming acceptance rate of 73%, Indiana University-Northwest serves a diverse student body of 2,661. The school is committed to improving graduation rates, which currently sit at 37%, and offers a supportive environment for those looking to advance their education in a community-focused setting.

73% accepted 37% graduate $43,361 earnings

Indiana's full profile

#37

Indiana Wesleyan University-National & Global

Marion, IN · 6,656 students · Private nonprofit

At Indiana Wesleyan University-National & Global, the focus is on a flexible education designed for adult learners and non-traditional students. With a diverse enrollment of 6,656, this university caters to those juggling work and family commitments, aiming to empower every student to succeed despite their unique challenges.

36% graduate $59,986 earnings

Indiana's full profile

#38

Saint Mary-of-the-Woods College

Saint Mary of the Woods, IN · 853 students · Private nonprofit

Saint Mary-of-the-Woods College, nestled in a serene setting, enrolls around 853 students and has a graduation rate of 49%. This school emphasizes a well-rounded education, catering to a diverse student body with a 72% acceptance rate, making it accessible for many who aspire to continue their education. Graduates earn a median income of $43,845 ten years after entering, suggesting that the education provided has practical benefits in the job market.

72% accepted 49% graduate $43,845 earnings

Holy Cross College

Notre Dame, IN · 639 students · Private nonprofit

With a close-knit community of just 639 students, Holy Cross College in Notre Dame, IN, fosters a personal learning environment. The school's 75% acceptance rate suggests it welcomes a diverse range of students, but it’s the median earnings of $50,416 at ten years after graduation that really catch the eye, indicating that graduates find meaningful work in their fields.

75% accepted 50% graduate $50,416 earnings

Marian University

Indianapolis, IN · 2,266 students · Private nonprofit

Located in Indianapolis, IN, Marian University is home to 2,266 students who benefit from a 64% graduation rate. The school is known for its strong support systems, and graduates can expect to earn a median salary of $58,759 a decade after finishing their studies, which speaks volumes about the value of a degree from here.

95% accepted 64% graduate $58,759 earnings

Marian's full profile

#41

Anderson University

Anderson, IN · 1,057 students · Private nonprofit

Anderson University, nestled in the heart of Indiana, serves 1,057 students and boasts a welcoming atmosphere with a 79% acceptance rate. The school’s focus on personal growth and community engagement is evident, though the 52% graduation rate suggests that some students may face challenges. However, graduates earn a median salary of $48,899 ten years post-graduation, reflecting a solid return on investment in their education.

79% accepted 52% graduate $48,899 earnings

Anderson's full profile

#42

Indiana Institute of Technology-College of Professional Studies

Fort Wayne, IN · 2,686 students · Private nonprofit

With a focus on professional studies, Indiana Institute of Technology in Fort Wayne serves around 2,686 students, making it an appealing choice for those looking to gain practical skills for the workforce. The median earnings for graduates a decade after enrollment reach $47,327, highlighting a strong return on investment for students entering fields that value hands-on learning and industry relevance.

28% graduate $47,327 earnings

Indiana's full profile

#43

Calumet College of Saint Joseph

Whiting, IN · 529 students · Private nonprofit

Located in Whiting, Calumet College of Saint Joseph is home to about 529 students, offering a close-knit community for those seeking a personalized educational experience. With median earnings of $46,945 at the ten-year mark, graduates can expect a solid financial future, demonstrating the real-world value of the education provided here.

26% graduate $46,945 earnings

Calumet's full profile

Looking closely at the data, we see a clear pattern in the outcomes for graduates from these Indiana schools. The University of Notre Dame significantly outperforms Indiana University-Kokomo in several key areas. With a graduation rate of 96% and average earnings of $99,980, Notre Dame graduates experience much greater financial success compared to Kokomo’s 45% graduation rate and earnings of just $49,917. This highlights the importance of choosing a school that supports students through to graduation.

As you sift through the list of 43 schools, consider how these metrics align with your personal priorities. Are you looking for a school with high earnings potential but are willing to take on more debt? Or is minimizing debt your priority, even if it means a lower earning potential? Weighing these factors against your own academic interests and campus preferences can help you narrow down your choices effectively.

Ultimately, the data speaks volumes about the pathways from college to a stable life. For families, the decision about where to send a student can shape their financial future for years to come. Choosing a school like Purdue University, known for balancing reasonable net prices and strong graduation rates, could be a step toward creating a more secure financial life after college.

Data Sources

U.S. Dept of Education College Scorecard

Opportunity Insights Mobility Report Card

Social Capital Atlas

Times Higher Education World Rankings

NCES IPEDS

Sources & Citations

[1]

U.S. Department of Education. College Scorecard Data. Federal Student Aid, National Center for Education Statistics. →

[2]

National Center for Education Statistics. Integrated Postsecondary Education Data System (IPEDS). →

David Krug

Co-Founder, CollegeRanker

David Krug is the co-founder of CollegeRanker and a data systems architect focused on making institutional research accessible to families. He builds the data pipelines and ranking algorithms that power CollegeRanker, drawing from federal datasets and Raj Chetty's Opportunity Insights research to measure what traditional rankings ignore: whether a college actually changes a family's economic trajectory.

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