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
All Alumni
RankSchool NameSchool TypeEarly Career Pay
Mid-Career Pay
% High Meaning
% STEM Degrees
Rank:1School Name:Rose-Hulman Institute of TechnologySchool Type:Engineering, Private SchoolEarly Career Pay:$80,500Mid-Career Pay:$146,500% High Meaning:53%% STEM Degrees:97%
Rank:2School Name:University of Notre DameSchool Type:Private School, Religious, Research University, For Sports FansEarly Career Pay:$73,000Mid-Career Pay:$143,800% High Meaning:40%% STEM Degrees:29%
Rank:3School Name:Wabash CollegeSchool Type:Liberal Arts School, Private SchoolEarly Career Pay:$65,900Mid-Career Pay:$124,900% High Meaning:36%% STEM Degrees:21%
Rank:4School Name:Purdue University-Main CampusSchool Type:Research University, For Sports Fans, State SchoolEarly Career Pay:$66,500Mid-Career Pay:$112,800% High Meaning:48%% STEM Degrees:42%
Rank:5School Name:DePauw UniversitySchool Type:Liberal Arts School, Private SchoolEarly Career Pay:$62,300Mid-Career Pay:$111,100% High Meaning:43%% STEM Degrees:22%
Rank:6School Name:Butler UniversitySchool Type:Private School, For Sports FansEarly Career Pay:$55,400Mid-Career Pay:$109,100% High Meaning:54%% STEM Degrees:9%
Rank:7School Name:Taylor UniversitySchool Type:Private School, ReligiousEarly Career Pay:$53,100Mid-Career Pay:$107,400% High Meaning:55%% STEM Degrees:24%
Rank:8School Name:Indiana University-BloomingtonSchool Type:Research University, For Sports Fans, State SchoolEarly Career Pay:$57,900Mid-Career Pay:$105,200% High Meaning:48%% STEM Degrees:15%
Rank:9School Name:Valparaiso UniversitySchool Type:Private School, Religious, For Sports FansEarly Career Pay:$57,500Mid-Career Pay:$101,200% High Meaning:52%% STEM Degrees:25%
Rank:10School Name:Trine UniversitySchool Type:Private SchoolEarly Career Pay:$59,600Mid-Career Pay:$98,900% High Meaning:56%% STEM Degrees:36%
Rank:11School Name:Holy Cross CollegeSchool Type:Liberal Arts School, Private School, ReligiousEarly Career Pay:$51,500Mid-Career Pay:$97,700% High Meaning:-% STEM Degrees:2%
Rank:12School Name:University of EvansvilleSchool Type:Private School, Religious, For Sports FansEarly Career Pay:$53,700Mid-Career Pay:$96,500% High Meaning:52%% STEM Degrees:19%
Rank:13School Name:Saint Mary's CollegeSchool Type:Liberal Arts School, Private School, ReligiousEarly Career Pay:$50,700Mid-Career Pay:$94,600% High Meaning:42%% STEM Degrees:13%
Rank:14School Name:Earlham CollegeSchool Type:Liberal Arts School, Private School, ReligiousEarly Career Pay:$54,200Mid-Career Pay:$93,000% High Meaning:52%% STEM Degrees:31%
Rank:15School Name:Franklin CollegeSchool Type:Liberal Arts School, Private School, ReligiousEarly Career Pay:$53,500Mid-Career Pay:$89,700% High Meaning:41%% STEM Degrees:22%
Rank:16School Name:Manchester UniversitySchool Type:Private School, ReligiousEarly Career Pay:$50,800Mid-Career Pay:$89,500% High Meaning:65%% STEM Degrees:13%
Rank:17School Name:Indiana University-Purdue University-IndianapolisSchool Type:Research University, For Sports Fans, State SchoolEarly Career Pay:$54,800Mid-Career Pay:$89,400% High Meaning:53%% STEM Degrees:16%
Rank:18School Name:Indiana State UniversitySchool Type:Research University, For Sports Fans, State SchoolEarly Career Pay:$51,800Mid-Career Pay:$89,300% High Meaning:54%% STEM Degrees:6%
Rank:19School Name:Indiana Institute of TechnologySchool Type:Private SchoolEarly Career Pay:$55,000Mid-Career Pay:$88,900% High Meaning:49%% STEM Degrees:30%
Rank:20School Name:Hanover CollegeSchool Type:Liberal Arts School, Private School, ReligiousEarly Career Pay:$51,600Mid-Career Pay:$87,300% High Meaning:60%% STEM Degrees:26%
Rank:21School Name:University of IndianapolisSchool Type:Private School, ReligiousEarly Career Pay:$51,400Mid-Career Pay:$87,100% High Meaning:56%% STEM Degrees:7%
Rank:22School Name:Ball State UniversitySchool Type:Research University, For Sports Fans, State SchoolEarly Career Pay:$49,300Mid-Career Pay:$86,900% High Meaning:47%% STEM Degrees:6%
Rank:23School Name:Purdue University Fort WayneSchool Type:For Sports Fans, State SchoolEarly Career Pay:$51,900Mid-Career Pay:$86,200% High Meaning:52%% STEM Degrees:18%
Rank:24School Name:University of Saint Francis-Fort WayneSchool Type:Private School, ReligiousEarly Career Pay:$50,000Mid-Career Pay:$84,600% High Meaning:68%% STEM Degrees:3%
Rank:25School Name:Indiana Wesleyan University-MarionSchool Type:Private School, ReligiousEarly Career Pay:$50,900Mid-Career Pay:$83,900% High Meaning:57%% STEM Degrees:9%

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College Student

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.