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Rankings / By State

Best Colleges in Indiana

By David Krug, Co-Founder, CollegeRanker Updated 2026-06-15 42 schools Agent Insights
42
Schools
$55,801
Avg. Earnings
58%
Avg. Graduation
$19,404
Avg. Net Price
$23,341
Avg. Debt

CollegeRanker Research

What Surprised Us Most

  1. Median graduate earnings across these 42 schools run from $43,283 to $101,253, a 2.3× gap. The category label alone says little about payoff.

  2. Indiana University-Kokomo delivers the most for the money: roughly $49,917 in median earnings against $3,968 a year in net price, the strongest earnings-to-cost ratio on the list.

  3. Indiana University-Kokomo is the lowest-cost school here at $3,968 a year in net price.

  4. University of Notre Dame graduates 96% of its students, versus a 58% average across the list. Completion, more than selectivity, signals whether a degree actually gets finished.

  5. University of Notre Dame carries the healthiest debt load, with graduates owing just 0.19× their annual earnings.

Surprising Comparisons

The Takeaway

A consistent pattern: the schools that finish at the top get there by delivering strong earnings, manageable debt, and real mobility rather than by charging more or rejecting more applicants. Those outcomes are what define educational value.

What This Means for Students

For students evaluating these schools, begin with Indiana University-Kokomo and University of Notre Dame. Look past sticker price: pull each school's net price for your income level, compare it against projected earnings, and let the data guide the decision instead of the brand.

Why this ranking matters

These schools are ranked on outcomes that compound: graduate earnings, upward mobility, debt, and value, all drawn from federal tax records and Scorecard data rather than reputation surveys. The list rewards results over prestige, led by institutions whose graduates earn a median of about $52K ten years after enrollment.

How we measure this — full methodology →

How we rank · 4 pillars

Economic outcomes30%
Social mobility35%
Value (earnings vs. cost)20%
Academic quality15%

Federal-source data only. Build your own weighting →

$52K
Median grad earnings
10 yrs after entry
58%
Average graduation rate
Across the list
$19K
Average net price
After grants/aid
76%
Average admit rate
Selectivity
Data Behind This Page Updated 2026-06-15
42 institutions ranked
2026-06-15 Last updated
100% Public / federal sources

Source datasets

Methodology

Schools are scored on the CollegeRanker 4-Pillar Algorithm: Economic Outcomes (30%), Social Mobility (25–35%), Academic Quality (15–20%), and Value (20–25%). Every weight is published and every figure traces to a public dataset.

See the full methodology and weights →

Confidence notes

  • Earnings, completion, and debt figures come from federal administrative records — tax data and student-aid filings — not surveys or self-reports, the highest-confidence tier of education data available.
  • Social-mobility estimates are drawn from de-identified tax records covering more than 30 million students (Opportunity Insights).
  • Where an institution is missing a metric, it is excluded from that metric rather than imputed, so averages are never inflated by guesses.

Limitations

  • Federal earnings data primarily cover students who received federal financial aid; outcomes for non-aided students may differ.
  • Earnings are measured roughly ten years after enrollment, so they describe how earlier cohorts fared — historical outcomes, not guarantees of future results.
  • An institution's field-of-study mix affects raw earnings; scores reflect measured outcomes and are not fully major-adjusted unless explicitly noted.
  • Net price is an average; the actual cost a given student pays varies widely by family income.

At a Glance

How the Top Schools Compare

School Earnings Net Price Graduation Score
$99,980
▲ +79% vs avg
$26,780 96%
76
2
DePauw University
#2 overall
$70,527
▲ +26% vs avg
$22,264 77%
71
3
$51,833
▼ -7% vs avg
$14,940 63%
70
$51,943
▼ -7% vs avg
$14,493 63%
69
$63,191
▲ +13% vs avg
$18,578 69%
69

Score uses our 4-pillar methodology. Earnings % is vs. this list's average.

See full ranking →

Executive Summary

Best Colleges in Indiana

This analysis ranks 42 institutions on graduate earnings, social mobility, completion, and cost. Across the list, alumni earn a median of $55,801 ten years after enrolling, against an average graduation rate of 58% and an average net price of $19,404.

Key takeaways

Research Note

110%
Private nonprofit colleges cost 110% more in net price than publics, while their graduates earn 21% more.
Data from CollegeRanker’s review of 5,745 U.S. colleges (n=3,655). Mean net price and mean 10-year earnings by ownership type (College Scorecard).

Indiana Opportunity Analysis

What does this ranking tell us about higher education and opportunity in Indiana?

$51,888

Median earnings (10yr)

62%

Median graduation rate

$19,621

Median net price

0.9%

Avg. mobility rate

Higher education is intensely local: most students enroll close to home and stay to work nearby, so a state's colleges are also its talent pipeline. This ranking looks at the mix of public and private institutions across Indiana, asking who keeps graduates in-state, who delivers earnings against the local cost of living, and who moves residents up the income ladder.

Start with the medians across these 42 schools. Graduates earn a median of $51,888 ten years after enrollment, or about $3,888 above the $48,000 a typical American worker earns. The median graduation rate is 62%, and the typical net price (what students pay after grants) runs $19,621 a year with about $24,125 in federal debt. Pell grants reach 31% of students on average, and the average mobility rate, the share of students lifted from the bottom income quintile to the top, is 0.9%.

What we’re seeing: the schools that matter most for Indiana pair affordability with outcomes that keep talent local. A median net price of $19,621 and median earnings of $51,888 show which institutions strengthen the regional economy rather than simply enrolling students.

The podium

Build your ranking

Drag a pillar — schools re-rank live.

Academic 15%
Economic 30%
Social mobility 35%
Value 20%

Tip: Check the box on any 2–4 schools below to compare them side by side.

Full rankings

1
·
University of Notre Dame

Notre Dame, IN · 11% accepted · $26,780 net

76

Why it ranks #1

University of Notre Dame lands at #1 with a 76/100 composite, led by economic outcomes (85/100) and pulled down by value per dollar (65/100). Graduates earn a median $99,980 a decade after enrolling, 79% above this list's average, and net price runs $26,780 a year, above the field. Strong earnings drive the rank, but with mobility weighted 35% and value 20%, salary alone can only take a school so far.

Pillar breakdown

Academic
82
Economic
85
Social mobility
78
Value
65
View full profile →
2
·
DePauw University

Greencastle, IN · 57% accepted · $22,264 net

71

Why it ranks #2

DePauw University lands at #2 with a 71/100 composite, led by academic quality (82/100) and pulled down by value per dollar (58/100). Graduates earn a median $70,527 a decade after enrolling, 26% above this list's average, and net price runs $22,264 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.

Pillar breakdown

Academic
82
Economic
71
Social mobility
81
Value
58
View full profile →
3
·
Ball State University

Muncie, IN · 86% accepted · $14,940 net

70

Why it ranks #3

Ball State University lands at #3 with a 70/100 composite, led by social mobility (83/100) and pulled down by economic outcomes (64/100). Graduates earn a median $51,833 a decade after enrolling, 7% below this list's average, and net price runs $14,940 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what puts it near the top, even with below-average salaries.

Pillar breakdown

Academic
69
Economic
64
Social mobility
83
Value
65
View full profile →
4
·
Goshen College

Goshen, IN · 84% accepted · $14,493 net

69

Why it ranks #4

Goshen College lands at #4 with a 69/100 composite, led by social mobility (86/100) and pulled down by value per dollar (60/100). Graduates earn a median $51,943 a decade after enrolling, 7% below this list's average, and net price runs $14,493 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what puts it near the top, even with below-average salaries.

Pillar breakdown

Academic
70
Economic
64
Social mobility
86
Value
60
View full profile →
5
·
Valparaiso University

Valparaiso, IN · 89% accepted · $18,578 net

69

Why it ranks #5

Valparaiso University lands at #5 with a 69/100 composite, led by social mobility (82/100) and pulled down by value per dollar (57/100). Graduates earn a median $63,191 a decade after enrolling, 13% above this list's average, and net price runs $18,578 a year. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what puts it near the top.

Pillar breakdown

Academic
71
Economic
68
Social mobility
82
Value
57
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6
·
University of Evansville

Evansville, IN · 78% accepted · $18,499 net

69

Why it ranks #6

University of Evansville lands at #6 with a 69/100 composite, led by social mobility (82/100) and pulled down by value per dollar (57/100). Graduates earn a median $53,770 a decade after enrolling, 4% below this list's average, and net price runs $18,499 a year. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what puts it near the top, even with below-average salaries.

Pillar breakdown

Academic
76
Economic
65
Social mobility
82
Value
57
View full profile →
7
·
Grace College and Theological Seminary

Winona Lake, IN · 82% accepted · $19,932 net

68

Why it ranks #7

Grace College and Theological Seminary lands at #7 with a 68/100 composite, led by social mobility (83/100) and pulled down by value per dollar (59/100). Graduates earn a median $45,411 a decade after enrolling, 19% below this list's average, and net price runs $19,932 a year. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what puts it near the top, even with below-average salaries.

Pillar breakdown

Academic
74
Economic
63
Social mobility
83
Value
59
View full profile →
8
·
Wabash College

Crawfordsville, IN · 63% accepted · $24,336 net

68

Why it ranks #8

Wabash College lands at #8 with a 68/100 composite, led by academic quality (83/100) and pulled down by value per dollar (47/100). Graduates earn a median $69,952 a decade after enrolling, 25% above this list's average, and net price runs $24,336 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.

Pillar breakdown

Academic
83
Economic
71
Social mobility
81
Value
47
View full profile →
9
·
Butler University

Indianapolis, IN · 85% accepted · $36,041 net

68

Why it ranks #9

Butler University lands at #9 with a 68/100 composite, led by academic quality (82/100) and pulled down by value per dollar (37/100). Graduates earn a median $77,235 a decade after enrolling, 38% above this list's average, and net price runs $36,041 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.

Pillar breakdown

Academic
82
Economic
74
Social mobility
81
Value
37
View full profile →
10
·
Oakland City University

Oakland City, IN · 83% accepted · $15,210 net

68

Why it ranks #10

Oakland City University lands at #10 with a 68/100 composite, led by social mobility (84/100) and pulled down by economic outcomes (62/100). Graduates earn a median $43,283 a decade after enrolling, 22% below this list's average, and net price runs $15,210 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what puts it near the top, even with below-average salaries.

Pillar breakdown

Academic
67
Economic
62
Social mobility
84
Value
63
View full profile →
11
·
Earlham College

Richmond, IN · 73% accepted · $24,714 net

68

Why it ranks #11

Earlham College lands at #11 with a 68/100 composite, led by social mobility (88/100) and pulled down by value per dollar (51/100). Graduates earn a median $50,797 a decade after enrolling, 9% below this list's average, and net price runs $24,714 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
78
Economic
60
Social mobility
88
Value
51
View full profile →
12
·
Huntington University

Huntington, IN · 76% accepted · $19,310 net

68

Why it ranks #12

Huntington University lands at #12 with a 68/100 composite, led by social mobility (82/100) and pulled down by value per dollar (59/100). Graduates earn a median $46,672 a decade after enrolling, 16% below this list's average, and net price runs $19,310 a year. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
76
Economic
60
Social mobility
82
Value
59
View full profile →
13
·
Taylor University

Upland, IN · 74% accepted · $24,865 net

67

Why it ranks #13

Taylor University lands at #13 with a 67/100 composite, led by social mobility (80/100) and pulled down by value per dollar (56/100). Graduates earn a median $52,198 a decade after enrolling, 6% below this list's average, and net price runs $24,865 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
72
Economic
64
Social mobility
80
Value
56
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14
·
Hanover College

Hanover, IN · 84% accepted · $21,829 net

67

Why it ranks #14

Hanover College lands at #14 with a 67/100 composite, led by social mobility (82/100) and pulled down by value per dollar (51/100). Graduates earn a median $53,957 a decade after enrolling, 3% below this list's average, and net price runs $21,829 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
74
Economic
64
Social mobility
82
Value
51
View full profile →
15
·
Saint Mary's College

Notre Dame, IN · 76% accepted · $25,292 net

67

Why it ranks #15

Saint Mary's College lands at #15 with a 67/100 composite, led by social mobility (81/100) and pulled down by value per dollar (47/100). Graduates earn a median $59,354 a decade after enrolling, 6% above this list's average, and net price runs $25,292 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list.

Pillar breakdown

Academic
73
Economic
68
Social mobility
81
Value
47
View full profile →
16
·
Indiana State University

Terre Haute, IN · 81% accepted · $10,873 net

67

Why it ranks #16

Indiana State University lands at #16 with a 67/100 composite, led by social mobility (81/100) and pulled down by academic quality (55/100). Graduates earn a median $48,387 a decade after enrolling, 13% below this list's average, and net price runs $10,873 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
55
Economic
62
Social mobility
81
Value
71
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17
·
Purdue University-Main Campus

West Lafayette, IN · 50% accepted · $14,600 net

66

Why it ranks #17

Purdue University-Main Campus lands at #17 with a 66/100 composite, led by academic quality (89/100) and pulled down by social mobility (54/100). Graduates earn a median $72,424 a decade after enrolling, 30% above this list's average, and net price runs $14,600 a year, well under the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.

Pillar breakdown

Academic
89
Economic
75
Social mobility
54
Value
74
View full profile →
18
·
University of Indianapolis

Indianapolis, IN · 67% accepted · $21,602 net

66

Why it ranks #18

University of Indianapolis lands at #18 with a 66/100 composite, led by social mobility (82/100) and pulled down by value per dollar (54/100). Graduates earn a median $53,610 a decade after enrolling, 4% below this list's average, and net price runs $21,602 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
73
Economic
64
Social mobility
82
Value
54
View full profile →
19
·
Manchester University

North Manchester, IN · 71% accepted · $18,805 net

64

Why it ranks #19

Manchester University lands at #19 with a 64/100 composite, led by social mobility (85/100) and pulled down by value per dollar (50/100). Graduates earn a median $51,504 a decade after enrolling, 8% below this list's average, and net price runs $18,805 a year. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
64
Economic
62
Social mobility
85
Value
50
View full profile →
20
·
Indiana University-Indianapolis

Indianapolis, IN · 76% accepted · $11,668 net

64

Why it ranks #20

Indiana University-Indianapolis lands at #20 with a 64/100 composite, led by value per dollar (72/100) and pulled down by academic quality (63/100). Graduates earn a median $55,198 a decade after enrolling, 1% below this list's average, and net price runs $11,668 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
63
Economic
68
Social mobility
Value
72
View full profile →
21
·
Trine University

Angola, IN · 85% accepted · $25,355 net

64

Why it ranks #21

Trine University lands at #21 with a 64/100 composite, led by social mobility (79/100) and pulled down by value per dollar (49/100). Graduates earn a median $57,165 a decade after enrolling, 2% above this list's average, and net price runs $25,355 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list.

Pillar breakdown

Academic
57
Economic
66
Social mobility
79
Value
49
View full profile →
22
·
Indiana University-Bloomington

Bloomington, IN · 78% accepted · $16,264 net

63

Why it ranks #22

Indiana University-Bloomington lands at #22 with a 63/100 composite, led by academic quality (82/100) and pulled down by social mobility (54/100). Graduates earn a median $63,742 a decade after enrolling, 14% above this list's average, and net price runs $16,264 a year, well under the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.

Pillar breakdown

Academic
82
Economic
71
Social mobility
54
Value
71
View full profile →
23
·
Indiana University-Kokomo

Kokomo, IN · 86% accepted · $3,968 net

62

Why it ranks #23

Indiana University-Kokomo lands at #23 with a 62/100 composite, led by value per dollar (84/100) and pulled down by academic quality (55/100). Graduates earn a median $49,917 a decade after enrolling, 11% below this list's average, and net price runs $3,968 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
55
Economic
66
Social mobility
59
Value
84
View full profile →
24
·
Indiana University-East

Richmond, IN · 67% accepted · $8,134 net

60

Why it ranks #24

Indiana University-East lands at #24 with a 60/100 composite, led by value per dollar (75/100) and pulled down by academic quality (50/100). Graduates earn a median $47,156 a decade after enrolling, 15% below this list's average, and net price runs $8,134 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
50
Economic
64
Social mobility
Value
75
View full profile →
25
·
Indiana University-Southeast

New Albany, IN · 84% accepted · $7,888 net

60

Why it ranks #25

Indiana University-Southeast lands at #25 with a 60/100 composite, led by value per dollar (77/100) and pulled down by academic quality (48/100). Graduates earn a median $47,596 a decade after enrolling, 15% below this list's average, and net price runs $7,888 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
48
Economic
64
Social mobility
61
Value
77
View full profile →
26
·
Rose-Hulman Institute of Technology

Terre Haute, IN · 77% accepted · $42,513 net

60

Why it ranks #26

Rose-Hulman Institute of Technology lands at #26 with a 60/100 composite, led by academic quality (84/100) and pulled down by value per dollar (31/100). Graduates earn a median $101,253 a decade after enrolling, 81% above this list's average, and net price runs $42,513 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.

Pillar breakdown

Academic
84
Economic
84
Social mobility
54
Value
31
View full profile →
27
·
University of Saint Francis-Fort Wayne

Fort Wayne, IN · 96% accepted · $18,196 net

60

Why it ranks #27

University of Saint Francis-Fort Wayne lands at #27 with a 60/100 composite, led by academic quality (71/100) and pulled down by value per dollar (54/100). Graduates earn a median $55,362 a decade after enrolling, 1% below this list's average, and net price runs $18,196 a year. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.

Pillar breakdown

Academic
71
Economic
65
Social mobility
63
Value
54
View full profile →
28
·
Indiana Institute of Technology

Fort Wayne, IN · 70% accepted · $23,206 net

59

Why it ranks #28

Indiana Institute of Technology lands at #28 with a 59/100 composite, led by social mobility (75/100) and pulled down by value per dollar (43/100). Graduates earn a median $47,327 a decade after enrolling, 15% below this list's average, and net price runs $23,206 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
65
Economic
61
Social mobility
75
Value
43
View full profile →
29
·
Purdue University Northwest

Hammond, IN · 72% accepted · $6,079 net

59

Why it ranks #29

Purdue University Northwest lands at #29 with a 59/100 composite, led by value per dollar (80/100) and pulled down by social mobility (52/100). Graduates earn a median $48,318 a decade after enrolling, 13% below this list's average, and net price runs $6,079 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
67
Economic
62
Social mobility
52
Value
80
View full profile →
30
·
Franklin College

Franklin, IN · 70% accepted · $22,855 net

59

Why it ranks #30

Franklin College lands at #30 with a 59/100 composite, led by academic quality (66/100) and pulled down by value per dollar (51/100). Graduates earn a median $55,376 a decade after enrolling, 1% below this list's average, and net price runs $22,855 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.

Pillar breakdown

Academic
66
Economic
65
Social mobility
65
Value
51
View full profile →
31
·
Indiana Wesleyan University-Marion

Marion, IN · 89% accepted · $22,866 net

58

Why it ranks #31

Indiana Wesleyan University-Marion lands at #31 with a 58/100 composite, led by academic quality (75/100) and pulled down by value per dollar (44/100). Graduates earn a median $59,986 a decade after enrolling, 7% above this list's average, and net price runs $22,866 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.

Pillar breakdown

Academic
75
Economic
69
Social mobility
60
Value
44
View full profile →
32
·
Indiana University-South Bend

South Bend, IN · 84% accepted · $8,653 net

58

Why it ranks #32

Indiana University-South Bend lands at #32 with a 58/100 composite, led by value per dollar (74/100) and pulled down by academic quality (56/100). Graduates earn a median $44,947 a decade after enrolling, 19% below this list's average, and net price runs $8,653 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
56
Economic
61
Social mobility
57
Value
74
View full profile →
33
·
Bethel University

Mishawaka, IN · 98% accepted · $18,610 net

57

Why it ranks #33

Bethel University lands at #33 with a 57/100 composite, led by academic quality (71/100) and pulled down by value per dollar (53/100). Graduates earn a median $48,860 a decade after enrolling, 12% below this list's average, and net price runs $18,610 a year. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.

Pillar breakdown

Academic
71
Economic
62
Social mobility
Value
53
View full profile →
34
·
Purdue University Fort Wayne

Fort Wayne, IN · 84% accepted · $13,171 net

57

Why it ranks #34

Purdue University Fort Wayne lands at #34 with a 57/100 composite, led by value per dollar (70/100) and pulled down by social mobility (53/100). Graduates earn a median $45,872 a decade after enrolling, 18% below this list's average, and net price runs $13,171 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
61
Economic
62
Social mobility
53
Value
70
View full profile →
35
·
Indiana University-Northwest

Gary, IN · 73% accepted · $5,130 net

56

Why it ranks #35

Indiana University-Northwest lands at #35 with a 56/100 composite, led by value per dollar (78/100) and pulled down by social mobility (48/100). Graduates earn a median $43,361 a decade after enrolling, 22% below this list's average, and net price runs $5,130 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
56
Economic
60
Social mobility
48
Value
78
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36
·
54

Why it ranks #36

Indiana Wesleyan University-National & Global lands at #36 with a 54/100 composite, led by economic outcomes (69/100) and pulled down by value per dollar (55/100). Graduates earn a median $59,986 a decade after enrolling, 7% above this list's average, and net price runs $16,898 a year, well under the field. Strong earnings drive the rank, but with mobility weighted 35% and value 20%, salary alone can only take a school so far.

Pillar breakdown

Academic
63
Economic
69
Social mobility
Value
55
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37
·
Saint Mary-of-the-Woods College

Saint Mary of the Woods, IN · 72% accepted · $31,872 net

54

Why it ranks #37

Saint Mary-of-the-Woods College lands at #37 with a 54/100 composite, led by social mobility (69/100) and pulled down by value per dollar (37/100). Graduates earn a median $43,845 a decade after enrolling, 21% below this list's average, and net price runs $31,872 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
47
Economic
61
Social mobility
69
Value
37
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38
·
Holy Cross College

Notre Dame, IN · 75% accepted · $26,728 net

54

Why it ranks #38

Holy Cross College lands at #38 with a 54/100 composite, led by economic outcomes (63/100) and pulled down by value per dollar (46/100). Graduates earn a median $50,416 a decade after enrolling, 10% below this list's average, and net price runs $26,728 a year, above the field. Strong earnings drive the rank, but with mobility weighted 35% and value 20%, salary alone can only take a school so far.

Pillar breakdown

Academic
59
Economic
63
Social mobility
57
Value
46
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39
·
Marian University

Indianapolis, IN · 95% accepted · $24,018 net

53

Why it ranks #39

Marian University lands at #39 with a 53/100 composite, led by economic outcomes (66/100) and pulled down by value per dollar (41/100). Graduates earn a median $58,759 a decade after enrolling, 5% above this list's average, and net price runs $24,018 a year, above the field. Strong earnings drive the rank, but with mobility weighted 35% and value 20%, salary alone can only take a school so far.

Pillar breakdown

Academic
64
Economic
66
Social mobility
Value
41
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40
·
Anderson University

Anderson, IN · 79% accepted · $25,021 net

52

Why it ranks #40

Anderson University lands at #40 with a 52/100 composite, led by academic quality (65/100) and pulled down by value per dollar (41/100). Graduates earn a median $48,899 a decade after enrolling, 12% below this list's average, and net price runs $25,021 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.

Pillar breakdown

Academic
65
Economic
61
Social mobility
Value
41
View full profile →
41
·
50

Why it ranks #41

Indiana Institute of Technology-College of Professional Studies lands at #41 with a 50/100 composite, led by economic outcomes (61/100) and pulled down by value per dollar (46/100). Graduates earn a median $47,327 a decade after enrolling, 15% below this list's average, and net price runs $20,473 a year. Strong earnings drive the rank, but with mobility weighted 35% and value 20%, salary alone can only take a school so far.

Pillar breakdown

Academic
59
Economic
61
Social mobility
Value
46
View full profile →
42
·
Calumet College of Saint Joseph

Whiting, IN · $22,451 net

49

Why it ranks #42

Calumet College of Saint Joseph lands at #42 with a 49/100 composite, led by economic outcomes (62/100) and pulled down by academic quality (40/100). Graduates earn a median $46,945 a decade after enrolling, 16% below this list's average, and net price runs $22,451 a year, above the field. Strong earnings drive the rank, but with mobility weighted 35% and value 20%, salary alone can only take a school so far.

Pillar breakdown

Academic
40
Economic
62
Social mobility
58
Value
47
View full profile →
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Cut it by what you care about

The same 42 schools, re-ranked by the outcome that matters to you.

Where the programs are

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.

The story behind the ranking

A ranking gives you an order; these charts give you the shape. They show how this group of schools spreads across the four things that decide whether a degree pays off — what graduates earn, whether they finish, how far they move up, and what it costs. Look for the standouts, the outliers, and the trade-offs the list alone can't show.

Earnings Outcomes

What graduates earn 10 years after enrolling. Data from College Scorecard.

Distribution of Median Earnings

$13K 17 $38K 22 $63K 2 $88K 1 $113K $138K 22 National Avg

Earnings vs. Net Price

Top-left = best value. Top-ranked schools are highlighted.

$10K$65K$120K $25K$50K NET PRICE (lower →) EARNINGS (higher ↑) University of DePauw University Ball State Goshen College Valparaiso University

Completion & Access

Graduation rates and who gets in. Data from College Scorecard & IPEDS.

Graduation Rates

University of Notre … 96% DePauw University 77% Ball State University 63% Goshen College 63% Valparaiso University 69% University of Evansv… 68% Grace College and Th… 69% Wabash College 77% Butler University 80% Oakland City Univers… 68% Earlham College 68% Huntington University 66% Taylor University 75% Hanover College 65% Saint Mary's College 73% Indiana State Univer… 42% Purdue University-Ma… 83% University of Indian… 56% Manchester University 45% Indiana University-I… 54% Trine University 66% Indiana University-B… 81% Indiana University-K… 45% Indiana University-E… 42% Indiana University-S… 36%

Pell Grant Rate vs. Graduation Rate

Right = more low-income students. Higher = more graduate.

0% 100% PELL GRANT RATE → GRAD RATE ↑ University of DePauw University Ball State Goshen College Valparaiso University
Social Mobility

What the Mobility Data Says

Social mobility carries the heaviest weight in this ranking, and the measure comes from Raj Chetty's Mobility Report Card, built from more than 30 million anonymized tax records. Across the 20 schools here with that data, the average mobility rate is 0.9%. That figure is the share of students who start in the bottom income quintile and climb to the top. Trine University leads the group at 2%, with Wabash College (1.7%) and Grace College and Theological Seminary (1.6%) close behind.

Access varies widely. On average, 4.8% of students at these schools come from families in the bottom income quintile. Oakland City University enrolls the most, at 12.4%, a sign it is reaching the students mobility is meant to lift. A high mobility rate paired with strong access is the combination that changes a generation's trajectory.

For the low-income students who do enroll, the success rate (the odds of reaching the top quintile) averages 25% across the list, peaking at 62.4% at University of Notre Dame.

These campuses can also be measured on social capital: the cross-class friendships Opportunity Insights links to long-run economic outcomes. Economic connectedness here averages 1.59, where about 1.0 is the national norm, and Butler University is highest at 1.76.

Mobility, access, and social-capital figures from Raj Chetty's Mobility Report Card & the Opportunity Insights Social Capital Atlas.

Cost & Debt

What families actually pay and what students owe. Data from College Scorecard.

Median Debt at Graduation

$6K 19 $18K 23 $30K $42K $54K 23 National Avg

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

Frequently Asked Questions

Best Colleges in Indiana: Your Questions, Answered

What is the #1 school in the Best Colleges in Indiana ranking? +

University of Notre Dame in Notre Dame, IN ranks #1 in our 2026 Best Colleges in Indiana ranking. It earns the top spot on the strength of a median $99,980 in graduate earnings ten years after enrollment and a 96% graduation rate. Our score is built entirely from federal data on graduation rates, graduate earnings, debt, and social mobility. Reputation surveys play no part.

Which school has the highest graduate earnings? +

Rose-Hulman Institute of Technology posts the highest median earnings on this list: $101,253 ten years after enrollment, well above the $55,801 average across the 42 ranked schools with earnings data. Earnings that outpace cost are what separate a degree that pays off from one that does not.

Which school offers the best value? +

On a pure return-on-cost basis, Indiana University-Kokomo leads: graduates earn a median $49,917 against net price of about $3,968 a year, the strongest earnings-to-cost ratio in the ranking. Applicants should weigh that payback against sticker price rather than prestige.

Which school has the highest graduation rate? +

University of Notre Dame has the highest graduation rate in this ranking at 96%, compared with a 58% average across the list. Completion matters because the students who finish are the ones who actually capture the earnings and mobility gains a degree promises.

How much does it cost to attend these schools? +

The average net price, meaning what students actually pay after grants and scholarships, is about $19,404 a year across the 42 ranked schools with cost data. Indiana University-Kokomo is among the most affordable at roughly $3,968. Net price is a far better guide to affordability than the published sticker price.

How is the Best Colleges in Indiana ranking calculated? +

We score every school on a four-pillar algorithm: economic outcomes (graduate earnings and debt), social mobility (Raj Chetty's Mobility Report Card, built on more than 30 million anonymized tax records), academic quality (graduation and retention), and value (net price and loan burden). Social mobility carries the heaviest weight, so schools that lift low-income students into higher earnings rank above those that simply admit wealthy students. Every input comes from federal data, and schools that withhold their numbers are scored lower for it.

How many schools are ranked and where does the data come from? +

This ranking evaluates 42 institutions using the U.S. Department of Education's College Scorecard, the Opportunity Insights Mobility Report Card and Social Capital Atlas, Times Higher Education, and NCES IPEDS. There are no opinion surveys or paid placements. The order is determined by the data alone and refreshed as new federal figures are released.

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).

The State of American Higher Education Outcomes for 2026 — report cover Download PDF

The 2026 Annual Report

The State of American Higher Education Outcomes

Every state graded on what graduates earn, how far they climb, and what college really costs — the hidden geography of economic mobility, in one report.

Free · 21 pages · 5,745 institutions · 100% federal data, no surveys