Education Atlas

College Scorecard · cost, debt & earnings

Grace College and Theological Seminary

Winona Lake, IN · Private nonprofit · Bachelor-granting · 1,464 undergrads · 82% admitted

Do students finish?
69% complete

Most students who start here finish.

What does it cost?
$41,838/yr net

Average annual price after grants & scholarships. ~$167,352 over four years if you finish on time.

What former students go on to earn

The middle 50% of students who received federal aid, measured 10 years after they entered (an earlier entering class — not a guarantee, and not limited to those who graduated). Earnings vary enormously by field of study.

$45,411 median, 10 yrs after entry
25th pct $30,731 median $45,411 75th pct $64,018

61% earn more than a typical high-school graduate (the dashed line above, $28,000 — a fixed, somewhat dated federal benchmark) ten years on.

Your major matters more than your school

The school-wide figure above blends every major together — but pay varies enormously by program. Pick a degree level (and search your major) to compare like-for-like.

Read these on their own terms. Program pay is measured 1 year after completing the program (early career, graduates only) — not the same as the school-wide number above, which is 10 years after a student first enrolled. Don't compare a program figure to the school figure; use the programs to compare majors to each other.

14 Bachelor's programs · $23,180 to $50,159 (1 yr out)

MajorPay · 1yr outMedian debt
Engineering Physics.Bachelor's $50,159
Business Administration, Management and Operations.Bachelor's $45,173 $18,097
Teacher Education and Professional Development, Specific Levels and Methods.Bachelor's $38,553 $15,250
Special Education and Teaching.Bachelor's $38,268
Business/Commerce, General.Bachelor's $38,010
Sports, Kinesiology, and Physical Education/Fitness.Bachelor's $34,919 $23,250
Design and Applied Arts.Bachelor's $32,086
Human Services, General.Bachelor's $31,900 $13,772
Communication and Media Studies.Bachelor's $29,875
Pastoral Counseling and Specialized Ministries.Bachelor's $26,348 $23,375
Marketing.Bachelor's $26,295 $19,500
Criminal Justice and Corrections.Bachelor's $26,244 $23,250
Psychology, General.Bachelor's $23,733 $20,500
Clinical, Counseling and Applied Psychology.Bachelor's $23,180 $19,500

The Dept. of Education omits programs with too few graduates (to protect privacy), so not every major appears. Pay is a median for federally-aided graduates. Full program detail on the official Scorecard.

Typical federal loan debt
$16,750
37% of one year's typical earnings here

This counts federal student loans only — not private loans, Parent PLUS loans, or family savings, so the true cost of borrowing is usually higher. And because students who drop out borrow less, a school where many students don't finish can show a deceptively low debt figure — read it next to the completion rate above.

What these numbers are — and are not

Every figure here is an institution-wide median from the U.S. Dept. of Education College Scorecard. It is not a prediction of what you would earn or owe — a computer-science and a fine-arts graduate of the same school can earn wildly different amounts, and your field of study matters more than your school. It is not a figure for any one program, not proof the school caused the outcome (selective schools admit students who would earn more anyway), and not a "best college" ranking. Earnings and debt cover federally-aided students.

→ The number that actually answers "worth it" is earnings by major — see the by-major breakdown above (16 programs at this school).

Also available: structured data (JSON-LD) · plain text · JSON. Source: U.S. Dept. of Education College Scorecard (2026-06-10 release). · school website