Indiana State Business (Bachelor's): Tuition, Graduate Salary, and Debt

  • Bachelor's in Business/Commerce, General
  • Public university
  • Terre Haute, IN
  • About 35 graduates a year

College Scorecard June 2026 release · BLS wages May 2025

The short answer

Indiana State business graduates earn about what business graduates earn nationally, $43,458 in their first year. The typical graduate leaves with $24,562 in federal loans, close to the national median of $25,625. Several Indiana programs report higher pay.

First-year earnings$43,45830th percentile of 206 programs nationally
Earnings after 5 years$59,88638% more than year one
Median federal debt$24,5627th lowest of 11 Indiana programs
Debt-to-earnings57%Indiana median 48%, national 54%

How it compares

Each figure is the median for graduates of the program. The Indiana and national columns are the medians across all business bachelor's programs that report the figure.

Five years out, Indiana State graduates earn less than the national figure and about the same as the Indiana median.

Debt and first-year pay at every Indiana business program

Programs in the upper left give graduates higher pay for less debt. Dashed lines mark the Indiana medians.

Indiana StateOther Indiana programs

Hover over or tap a dot to see the school. Only programs that report both earnings and debt are shown.

What graduates earn over time

Pay rises about 38% between the first and fifth year.

Indiana State grads, year 1$43,458
Indiana State grads, year 5$59,886
All Indiana business grads, year 5$61,426

Year 1 and year 5 figures come from different graduating classes, so the growth rate is an estimate.

Does family income change the outcome?

Graduates who received Pell Grants, which go to students from lower-income families, earned $8,254 less in their first year than other graduates. They also borrowed more. Students who expect to rely on grants should weigh this gap.

Pell Grant recipients, year 1 earnings$42,494Median debt $27,800
Other graduates, year 1 earnings$50,748Median debt $15,750

Paying back the loans

On a standard 10-year plan, the median debt means a payment of about $260 a month, or 7.2% of a graduate's typical monthly pay in the first year.

The government publishes these as ranges to protect privacy. They were measured in 2018 to 2020, partly during the pandemic pause on federal loan payments, so the forbearance share may be higher than usual.

Where graduates work, and what the pay is worth

77% of graduates (51 of 66) were working in Indiana one year after graduating. Prices in the Terre Haute area are about 12% below the national average, so a $43,458 salary here buys what about $49,498 buys in a typical US city.

Careers this field leads to

These are the jobs that the federal crosswalk from fields of study to occupations links to business, largest first. Pay is the median across all experience levels.

General and Operations Managers

$108,170

Median pay in Indiana. 47,180 people work in this job in Indiana. Nationally, jobs are projected to grow 5% from 2025 to 2035, with about 285,000 openings a year. Typical education to start: bachelor's degree, plus 5 years or more of related work experience.

Bottom 10%: $53,820Top 10%: $248,610

Project Management Specialists

$95,020

Median pay in Indiana. 11,970 people work in this job in Indiana. Nationally, jobs are projected to grow 7% from 2025 to 2035, with about 76,500 openings a year. Typical education to start: bachelor's degree.

Bottom 10%: $59,120Top 10%: $149,350

Management Analysts

$95,560

Median pay in Indiana. 11,770 people work in this job in Indiana. Nationally, jobs are projected to grow 10% from 2025 to 2035, with about 94,100 openings a year. Typical education to start: bachelor's degree, plus less than 5 years of related work experience.

Bottom 10%: $55,160Top 10%: $158,820

Sales Managers

$131,470

Median pay in Indiana. 9,700 people work in this job in Indiana. Nationally, jobs are projected to grow 5% from 2025 to 2035, with about 47,300 openings a year. Typical education to start: bachelor's degree, plus less than 5 years of related work experience.

Bottom 10%: $69,570Top 10%: $231,350

About Indiana State

Business ranks 15th of 33 bachelor's programs at Indiana State by first-year earnings. The top three are Industrial Technology ($78,215), Nursing ($72,381), and Construction Management ($72,379).

Other business bachelor's programs near Terre Haute

Common questions

The median graduate earns $43,458 one year after graduating and $59,886 five years after. The median across business bachelor's programs in Indiana is $47,406.

About this data

  • Earnings and debt only include students who received federal financial aid (grants or loans).
  • Earnings only count graduates who were working and not enrolled in more school. Graduates who went straight to further study are not included.
  • Debt only includes federal loans. Private loans and credit cards are not counted.
  • Some schools with several campuses report one combined figure for all of them. We count each of those schools once, and leave them out of Indiana comparisons when their main campus is in another state.
  • Scorecard figures describe graduating classes from several years ago. BLS wages are from May 2025.
  • School-level numbers like tuition, admission rate, and graduation rate are for the whole school, not the business program.

Sources

  1. U.S. Department of Education, College Scorecard, field of study and institution files, June 2026 release
  2. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025
  3. Bureau of Labor Statistics, Employment Projections 2025 to 2035
  4. Bureau of Economic Analysis, Regional Price Parities, 2024
  5. NCES, CIP 2020 to SOC 2018 crosswalk, and IPEDS institution directory, 2024

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