Best Colleges in Indiana by Salary Potential

Thinking of getting your bachelor’s degree? Before you invest that time and money, check out Indiana colleges with the highest-paid graduates.

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Bachelor's Only
Salary data for alumni who earned a bachelor's degree and did not go on to earn any additional degrees.
All Alumni
Salary data for all alumni who earned a bachelor's degree, including but not limited to those who went on to earn additional degrees from any school.
Rank 
School Name 
School Type
Degree Type 
School Sector
Early Career Pay
 
Median salary for alumni with 0-5 years experience
Mid-Career Pay
 
Median salary for alumni with 10+ years experience
% High Meaning
 
% alumni who say their work makes the world a better place
% STEM Degrees
 
% degrees awarded in science, technology, engineering or math subjects
1Private School, Religious, Research University, For Sports FansBachelorsPrivate not-for-profit$64,700$131,50046%28%

1University of Notre Dame
Degree TypeBachelors
School SectorPrivate not-for-profit
Early Career Pay$64,700
Mid-Career Pay$131,500
% High Meaning46%
% STEM Degrees28%
2Engineering, Private SchoolBachelorsPrivate not-for-profit$73,400$129,90052%96%

2Rose-Hulman Institute of Technology
Degree TypeBachelors
School SectorPrivate not-for-profit
Early Career Pay$73,400
Mid-Career Pay$129,900
% High Meaning52%
% STEM Degrees96%
3Liberal Arts School, Private SchoolBachelorsPrivate not-for-profit$60,200$116,00040%34%

3Wabash College
Degree TypeBachelors
School SectorPrivate not-for-profit
Early Career Pay$60,200
Mid-Career Pay$116,000
% High Meaning40%
% STEM Degrees34%
4Research University, For Sports Fans, State SchoolBachelorsPublic$60,200$105,80048%38%

4Purdue University-Main Campus
Degree TypeBachelors
School SectorPublic
Early Career Pay$60,200
Mid-Career Pay$105,800
% High Meaning48%
% STEM Degrees38%
5Liberal Arts School, Private SchoolBachelorsPrivate not-for-profit$54,900$102,90046%24%

5DePauw University
Degree TypeBachelors
School SectorPrivate not-for-profit
Early Career Pay$54,900
Mid-Career Pay$102,900
% High Meaning46%
% STEM Degrees24%
6Private School, For Sports FansBachelorsPrivate not-for-profit$50,000$101,70052%9%

6Butler University
Degree TypeBachelors
School SectorPrivate not-for-profit
Early Career Pay$50,000
Mid-Career Pay$101,700
% High Meaning52%
% STEM Degrees9%
7Private School, ReligiousBachelorsPrivate not-for-profit$46,800$99,40058%16%

7Taylor University
Degree TypeBachelors
School SectorPrivate not-for-profit
Early Career Pay$46,800
Mid-Career Pay$99,400
% High Meaning58%
% STEM Degrees16%
8Research University, For Sports Fans, State SchoolBachelorsPublic$52,200$96,80048%15%

8Indiana University-Bloomington
Degree TypeBachelors
School SectorPublic
Early Career Pay$52,200
Mid-Career Pay$96,800
% High Meaning48%
% STEM Degrees15%
9Private School, Religious, For Sports FansBachelorsPrivate not-for-profit$52,600$96,30051%31%

9Valparaiso University
Degree TypeBachelors
School SectorPrivate not-for-profit
Early Career Pay$52,600
Mid-Career Pay$96,300
% High Meaning51%
% STEM Degrees31%
10Private SchoolBachelorsPrivate not-for-profit$54,600$92,60058%26%

10Trine University
Degree TypeBachelors
School SectorPrivate not-for-profit
Early Career Pay$54,600
Mid-Career Pay$92,600
% High Meaning58%
% STEM Degrees26%
11Private School, Religious, For Sports FansBachelorsPrivate not-for-profit$49,700$88,00056%17%

11University of Evansville
Degree TypeBachelors
School SectorPrivate not-for-profit
Early Career Pay$49,700
Mid-Career Pay$88,000
% High Meaning56%
% STEM Degrees17%
12Liberal Arts School, Private School, ReligiousBachelorsPrivate not-for-profit$45,800$87,500N/A0%

12Holy Cross College
Degree TypeBachelors
School SectorPrivate not-for-profit
Early Career Pay$45,800
Mid-Career Pay$87,500
% High MeaningN/A
% STEM Degrees0%
13Liberal Arts School, Private School, ReligiousBachelorsPrivate not-for-profit$49,100$86,60055%15%

13Saint Mary's College
Degree TypeBachelors
School SectorPrivate not-for-profit
Early Career Pay$49,100
Mid-Career Pay$86,600
% High Meaning55%
% STEM Degrees15%
14Private School, ReligiousBachelorsPrivate not-for-profit$44,900$86,20064%5%

14University of Saint Francis-Fort Wayne
Degree TypeBachelors
School SectorPrivate not-for-profit
Early Career Pay$44,900
Mid-Career Pay$86,200
% High Meaning64%
% STEM Degrees5%
15Liberal Arts School, Private School, ReligiousBachelorsPrivate not-for-profit$48,400$85,60062%31%

15Earlham College
Degree TypeBachelors
School SectorPrivate not-for-profit
Early Career Pay$48,400
Mid-Career Pay$85,600
% High Meaning62%
% STEM Degrees31%
16Research University, For Sports Fans, State SchoolBachelorsPublic$49,700$84,90054%15%

16Indiana University-Purdue University-Indianapolis
Degree TypeBachelors
School SectorPublic
Early Career Pay$49,700
Mid-Career Pay$84,900
% High Meaning54%
% STEM Degrees15%
17Research University, For Sports Fans, State SchoolBachelorsPublic$47,300$83,50054%8%

17Indiana State University
Degree TypeBachelors
School SectorPublic
Early Career Pay$47,300
Mid-Career Pay$83,500
% High Meaning54%
% STEM Degrees8%
18Liberal Arts School, Private School, ReligiousBachelorsPrivate not-for-profit$48,100$83,40046%21%

18Franklin College
Degree TypeBachelors
School SectorPrivate not-for-profit
Early Career Pay$48,100
Mid-Career Pay$83,400
% High Meaning46%
% STEM Degrees21%
19Private School, ReligiousBachelorsPrivate not-for-profit$45,000$83,10056%10%

19Manchester University
Degree TypeBachelors
School SectorPrivate not-for-profit
Early Career Pay$45,000
Mid-Career Pay$83,100
% High Meaning56%
% STEM Degrees10%
20Private School, ReligiousBachelorsPrivate not-for-profit$46,400$82,60055%5%

20University of Indianapolis
Degree TypeBachelors
School SectorPrivate not-for-profit
Early Career Pay$46,400
Mid-Career Pay$82,600
% High Meaning55%
% STEM Degrees5%
21Research University, For Sports Fans, State SchoolBachelorsPublic$44,500$81,90049%7%

21Ball State University
Degree TypeBachelors
School SectorPublic
Early Career Pay$44,500
Mid-Career Pay$81,900
% High Meaning49%
% STEM Degrees7%
22Liberal Arts School, Private School, ReligiousBachelorsPrivate not-for-profit$46,100$81,40052%19%

22Hanover College
Degree TypeBachelors
School SectorPrivate not-for-profit
Early Career Pay$46,100
Mid-Career Pay$81,400
% High Meaning52%
% STEM Degrees19%
23Business, Private SchoolBachelorsPrivate not-for-profit$49,500$81,20048%11%

23Indiana Institute of Technology
Degree TypeBachelors
School SectorPrivate not-for-profit
Early Career Pay$49,500
Mid-Career Pay$81,200
% High Meaning48%
% STEM Degrees11%
24For Sports Fans, State SchoolBachelorsPublic$46,800$80,60052%17%

24Indiana University-Purdue University-Fort Wayne
Degree TypeBachelors
School SectorPublic
Early Career Pay$46,800
Mid-Career Pay$80,600
% High Meaning52%
% STEM Degrees17%
25State SchoolBachelorsPublic$44,200$78,70051%9%

25University of Southern Indiana
Degree TypeBachelors
School SectorPublic
Early Career Pay$44,200
Mid-Career Pay$78,700
% High Meaning51%
% STEM Degrees9%
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Wondering what the best four-year colleges are by earning potential in the Hoosier State? This list uses the Payscale database of unique salary profiles to identify the Indiana colleges with the highest-paid graduates. This list is ranked on the salaries of alumni who received a bachelor’s degree from the schools on this list, but did not go on to earn additional degrees. A high proportion of Indiana colleges are religiously affiliated.

The Rose-Hulman Institute has a strong focus on STEM degrees (almost all degrees awarded are focused in science, technology, engineering or math subjects) at Rose-Hulman is likely a factor contributing to the high graduate salaries. But like many engineering schools, Rose-Hulman’s student population is predominantly male. Only about a quarter of students at Rose-Hulman are women.

When we include salaries from alumni with graduate degrees, we see a big increase in the earning potential of graduates from Rose-Hulman Institute of Technology and Butler University.

Indiana Public Schools Produce High Earners

Butler University is famous for besting much bigger Indiana basketball powerhouses in national championships, but they also fare well in the realm of graduate salary. And Butler isn’t the only small school excel in earning power. DePauw University has a small number of students, but they come in high out of all Indiana universities for overall earning potential.


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