---
title: Grace College and Theological Seminary — cost, debt & earnings (College Scorecard)
location: Winona Lake, IN
control: Private nonprofit
source: U.S. Dept. of Education College Scorecard (2026-06-10 release)
sourceUrl: https://collegescorecard.ed.gov/
---

# Grace College and Theological Seminary

Winona Lake, IN · Private nonprofit · Bachelor-granting

> Federal College Scorecard institution **medians** — not a prediction of any one student's outcome, and not a figure for any single program. Earnings/debt cover federally-aided students.

## The bottom line

| Figure | Value | Status |
| --- | --- | --- |
| Typical earnings, 10 yrs after entry | $45,411 | recorded |
| Earnings range (25th–75th pct) | $30,731 – $64,018 | recorded |
| Typical federal debt | $16,750 | recorded |
| Debt of students who withdrew | $7,500 | recorded |
| Completion rate | 69% | recorded |
| Average annual net cost | $41,838 | recorded |
| % earning above a $28k HS-grad wage | 61% | recorded |
| Debt ÷ a year's earnings | 0.37× | derived |
| Earnings premium vs $28k HS benchmark | $17,411 | derived |

**69% of students finish** — the loans are owed whether or not you graduate, so read every figure below next to this number.

Typical **federal** loan debt is $16,750 (≈ 37% of a year's typical earnings here). Note: this counts federal loans only — not private loans, Parent PLUS, or family savings — so true borrowing is usually higher; and because dropouts borrow less, low-completion schools can show a deceptively low debt figure.

## Earnings by major (the number that decides "worth it")

> **Different measure — read on its own terms.** These are median earnings **1 year after completing the program** (early career, graduates only) — NOT the 10-years-after-entry school-wide figure above. Do not compare a program figure to the school figure; compare majors to each other. The Dept. of Education omits programs with too few graduates.

By program, early-career pay ranges from $23,180 to $51,347 across 16 program(s).

| Major | Credential | Pay (1 yr out) | Median debt |
| --- | --- | --- | --- |
| Business Administration, Management and Operations. | Master's Degree | $51,347 | $25,203 |
| Engineering Physics. | Bachelor's Degree | $50,159 | not reported |
| Business Administration, Management and Operations. | Bachelor's Degree | $45,173 | $18,097 |
| Teacher Education and Professional Development, Specific Levels and Methods. | Bachelor's Degree | $38,553 | $15,250 |
| Special Education and Teaching. | Bachelor's Degree | $38,268 | not reported |
| Business/Commerce, General. | Bachelor's Degree | $38,010 | not reported |
| Mental and Social Health Services and Allied Professions. | Master's Degree | $37,930 | $55,130 |
| Sports, Kinesiology, and Physical Education/Fitness. | Bachelor's Degree | $34,919 | $23,250 |
| Design and Applied Arts. | Bachelor's Degree | $32,086 | not reported |
| Human Services, General. | Bachelor's Degree | $31,900 | $13,772 |
| Communication and Media Studies. | Bachelor's Degree | $29,875 | not reported |
| Pastoral Counseling and Specialized Ministries. | Bachelor's Degree | $26,348 | $23,375 |
| Marketing. | Bachelor's Degree | $26,295 | $19,500 |
| Criminal Justice and Corrections. | Bachelor's Degree | $26,244 | $23,250 |
| Psychology, General. | Bachelor's Degree | $23,733 | $20,500 |
| Clinical, Counseling and Applied Psychology. | Bachelor's Degree | $23,180 | $19,500 |

## What this is — and is NOT

Institution-wide medians from the U.S. Dept. of Education College Scorecard. **Not** a prediction of what you would earn or owe, **not** a figure for any single program (a CS and a fine-arts graduate of the same school diverge enormously), **not** proof the school caused the outcome (selection, not causation), and **not** a "best college" ranking. Explore Grace College and Theological Seminary by field of study at the official Scorecard: https://collegescorecard.ed.gov/school/?150677

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Structured data (JSON-LD), each figure labeled by epistemic status: `/education/grace-college-and-theological-seminary-in.jsonld` · all schools: `/education`