53 colleges ranked by return on investment — based on U.S. Department of Education data.
| # | College / University | ROI Rating | Break-Even | Grad Salary | Med. Debt | Grad Rate | Type |
|---|---|---|---|---|---|---|---|
| 🥇 |
Rose-Hulman Institute of Technology
Terre Haute, IN
|
High ROI | 0.4 yrs | $101,253 | $25,000 | 78% | Private Non-profit |
| 🥈 |
University of Notre Dame
Notre Dame, IN
|
High ROI | 0.3 yrs | $99,980 | $19,000 | 95% | Private Non-profit |
| 🥉 |
Chamberlain University-Indiana
Indianapolis, IN
|
High ROI | 0.4 yrs | $92,405 | $20,919 | 0% | Private For-profit |
| 4 |
Butler University
Indianapolis, IN
|
High ROI | 0.7 yrs | $77,235 | $26,000 | 80% | Private Non-profit |
| 5 |
Purdue University-Main Campus
West Lafayette, IN
|
High ROI | 0.6 yrs | $72,424 | $19,500 | 83% | Public |
| 6 |
DePauw University
Greencastle, IN
|
High ROI | 0.9 yrs | $70,527 | $27,000 | 75% | Private Non-profit |
| 7 |
Wabash College
Crawfordsville, IN
|
High ROI | 0.9 yrs | $69,952 | $27,000 | 77% | Private Non-profit |
| 8 |
Indiana University-Bloomington
Bloomington, IN
|
High ROI | 0.8 yrs | $63,742 | $19,509 | 80% | Public |
| 9 |
Valparaiso University
Valparaiso, IN
|
High ROI | 1.1 yrs | $63,191 | $26,942 | 70% | Private Non-profit |
| 10 |
Indiana Wesleyan University-Marion
Marion, IN
|
High ROI | 1.1 yrs | $59,986 | $24,250 | 67% | Private Non-profit |
| 11 |
Indiana Wesleyan University-National & Global
Marion, IN
|
High ROI | 1.1 yrs | $59,986 | $24,250 | 35% | Private Non-profit |
| 12 |
Indiana University-Indianapolis
Indianapolis, IN
|
High ROI | 1.2 yrs | $55,198 | $20,000 | 54% | Public |
| 13 |
Saint Mary's College
Notre Dame, IN
|
High ROI | 1.3 yrs | $59,354 | $27,000 | 69% | Private Non-profit |
| 14 |
Marian University
Indianapolis, IN
|
High ROI | 1.4 yrs | $58,759 | $27,000 | 67% | Private Non-profit |
| 15 |
Trine University
Angola, IN
|
High ROI | 1.4 yrs | $57,165 | $25,000 | 64% | Private Non-profit |
| 16 |
Trine University-Regional/Non-Traditional Campuses
Angola, IN
|
High ROI | 1.4 yrs | $57,165 | $25,000 | 0% | Private Non-profit |
| 17 |
Taylor University
Upland, IN
|
High ROI | 1.5 yrs | $52,198 | $20,500 | 74% | Private Non-profit |
| 18 |
Indiana University-Kokomo
Kokomo, IN
|
High ROI | 1.5 yrs | $49,917 | $16,961 | 46% | Public |
| 19 |
Franklin College
Franklin, IN
|
High ROI | 1.6 yrs | $55,376 | $27,000 | 60% | Private Non-profit |
| 20 |
University of Saint Francis-Fort Wayne
Fort Wayne, IN
|
High ROI | 1.6 yrs | $55,362 | $25,976 | 55% | Private Non-profit |
| 21 |
Hanover College
Hanover, IN
|
High ROI | 1.7 yrs | $53,957 | $25,250 | 67% | Private Non-profit |
| 22 |
University of Evansville
Evansville, IN
|
High ROI | 1.6 yrs | $53,770 | $24,606 | 64% | Private Non-profit |
| 23 |
Goshen College
Goshen, IN
|
High ROI | 1.7 yrs | $51,943 | $22,974 | 65% | Private Non-profit |
| 24 |
University of Indianapolis
Indianapolis, IN
|
High ROI | 1.8 yrs | $53,610 | $26,864 | 56% | Private Non-profit |
| 25 |
Ball State University
Muncie, IN
|
High ROI | 1.8 yrs | $51,833 | $23,250 | 62% | Public |
| 26 |
Earlham College
Richmond, IN
|
High ROI | 2 yrs | $50,797 | $23,488 | 69% | Private Non-profit |
| 27 |
Manchester University
North Manchester, IN
|
High ROI | 2.1 yrs | $51,504 | $26,854 | 46% | Private Non-profit |
| 28 |
Holy Cross College
Notre Dame, IN
|
High ROI | 2.1 yrs | $50,416 | $24,000 | 73% | Private Non-profit |
| 29 |
Purdue University Northwest
Hammond, IN
|
High ROI | 2.2 yrs | $48,318 | $21,229 | 43% | Public |
| 30 |
Indiana University-Southeast
New Albany, IN
|
High ROI | 2.2 yrs | $47,596 | $19,684 | 39% | Public |
| 31 |
Indiana University-East
Richmond, IN
|
High ROI | 2.2 yrs | $47,156 | $18,000 | 40% | Public |
| 32 |
Bethel University
Mishawaka, IN
|
High ROI | 2.5 yrs | $48,860 | $25,000 | 53% | Private Non-profit |
| 33 |
Indiana State University
Terre Haute, IN
|
High ROI | 2.5 yrs | $48,387 | $24,000 | 43% | Public |
| 34 |
Anderson University
Anderson, IN
|
High ROI | 2.7 yrs | $48,899 | $27,000 | 54% | Private Non-profit |
| 35 |
Calumet College of Saint Joseph
Whiting, IN
|
High ROI | 2.6 yrs | $46,945 | $21,534 | 23% | Private Non-profit |
| 36 |
Grace College and Theological Seminary
Winona Lake, IN
|
High ROI | 2.9 yrs | $45,411 | $19,500 | 69% | Private Non-profit |
| 37 |
Purdue University Fort Wayne
Fort Wayne, IN
|
High ROI | 3 yrs | $45,872 | $21,500 | 36% | Public |
| 38 |
Indiana Institute of Technology
Fort Wayne, IN
|
Good ROI | 3.1 yrs | $47,327 | $26,391 | 48% | Private Non-profit |
| 39 |
Indiana Institute of Technology-College of Professional Studies
Fort Wayne, IN
|
Good ROI | 3.1 yrs | $47,327 | $26,391 | 28% | Private Non-profit |
| 40 |
Huntington University
Huntington, IN
|
Good ROI | 3.2 yrs | $46,672 | $25,576 | 64% | Private Non-profit |
| 41 |
Indiana University-South Bend
South Bend, IN
|
Good ROI | 3.5 yrs | $44,947 | $21,355 | 40% | Public |
| 42 |
Oakland City University
Oakland City, IN
|
Good ROI | 3.7 yrs | $43,283 | $16,758 | 66% | Private Non-profit |
| 43 |
Saint Mary-of-the-Woods College
Saint Mary of the Woods, IN
|
Good ROI | 3.9 yrs | $43,845 | $19,512 | 47% | Private Non-profit |
| 44 |
Indiana University-Northwest
Gary, IN
|
Good ROI | 4.8 yrs | $43,361 | $21,710 | 37% | Public |
| 45 |
Martin University
Indianapolis, IN
|
Insufficient Data | N/A | $22,544 | $42,002 | 0% | Private Non-profit |
| 46 |
American College of Education
Indianapolis, IN
|
Insufficient Data | N/A | N/A | N/A | N/A | Private For-profit |
| 47 |
Anabaptist Mennonite Biblical Seminary
Elkhart, IN
|
Insufficient Data | N/A | N/A | N/A | N/A | Private Non-profit |
| 48 |
Bethany Theological Seminary
Richmond, IN
|
Insufficient Data | N/A | N/A | N/A | N/A | Private Non-profit |
| 49 |
Christian Theological Seminary
Indianapolis, IN
|
Insufficient Data | N/A | N/A | N/A | N/A | Private Non-profit |
| 50 |
Concordia Theological Seminary
Fort Wayne, IN
|
Insufficient Data | N/A | N/A | N/A | N/A | Private Non-profit |
| 51 |
John Patrick University of Health and Applied Sciences
South Bend, IN
|
Insufficient Data | N/A | N/A | N/A | N/A | Private For-profit |
| 52 |
Saint Meinrad School of Theology
St. Meinrad, IN
|
Insufficient Data | N/A | N/A | N/A | N/A | Private Non-profit |
| 53 |
Veritas Baptist College
Lawrenceburg, IN
|
Insufficient Data | N/A | $30,634 | N/A | 43% | Private Non-profit |