Public 📍 Muncie, Indiana 👥 13,988 students

Ball State University

#25 in Indiana
High ROI
⏱ 1.8 years to break even
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89 ROI Score
● 70–100: High ROI
● 45–69: Good ROI
● 20–44: Moderate ROI
● 0–19: Low ROI
💰
$51,833
Median Graduate Salary
10 years after enrollment
🎓
$23,250
Median Student Debt
Among degree completers
🏫
$11,082
In-State Tuition
Per year
💵
$14,940
Average Net Price
After grants & aid
🏆
62%
Graduation Rate
4-yr programs, 150% time
📝
86%
Acceptance Rate
Overall admission rate

📊 ROI Breakdown

Graduate Median Salary
$51,833
−
HS-only Median Salary
$38,792
=
Annual Salary Premium
$13,041
$23,250 (median debt) ÷ $13,041 (annual premium) = 1.8 years to break even

Salary vs. Debt Comparison

Graduate Salary
$51,833
Student Debt
$23,250
HS-only Salary
$38,792

Top ROI Colleges in Indiana

# College ROI Rating Break-Even Grad Salary Student Debt
1 Rose-Hulman Institute of Technology
Terre Haute
 High ROI 0.4 yrs $101,253 $25,000
2 University of Notre Dame
Notre Dame
 High ROI 0.3 yrs $99,980 $19,000
3 Chamberlain University-Indiana
Indianapolis
 High ROI 0.4 yrs $92,405 $20,919
4 Butler University
Indianapolis
 High ROI 0.7 yrs $77,235 $26,000
5 Purdue University-Main Campus
West Lafayette
 High ROI 0.6 yrs $72,424 $19,500
See All Indiana Rankings →
Data Source: All figures sourced from the U.S. Department of Education College Scorecard. Median salary = 10 years post-enrollment. Debt = median debt of completers. ROI calculation by Search 6000+ US Colleges. Last updated: May 13, 2026.