Ranking

Highest 20-Year ROI Colleges in Indiana

The biggest 20-year net financial gain over a high-school-only earner — tuition and debt already subtracted. Our tax-verified answer to the 20-year ROI question, from IRS-linked federal earnings rather than self-reported surveys.

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#	College	Type	20-yr net gain	5-yr earnings	Net price	Median debt	10-yr ROI	DR Rating	Verdict
1	Calumet College of Saint Joseph Whiting, IN	Private	$1,197,569	$109,761	$22,451	$21,534	+563%	DR 74 B	Strong return
2	Rose-Hulman Institute of Technology Terre Haute, IN	Private	$967,578	$102,337	$42,513	$25,000	+220%	DR 72 B	Strong return
3	Goshen College Goshen, IN	Private	$906,996	$93,667	$14,493	$22,974	+634%	DR 85 A	Strong return
4	University of Notre Dame Notre Dame, IN	Private	$795,376	$90,471	$26,780	$19,000	+299%	DR 87 A	Strong return
5	Purdue University-Main Campus West Lafayette, IN	Public	$613,014	$78,926	$14,600	$19,500	+418%	DR 85 A	Strong return
6	Butler University Indianapolis, IN	Private	$418,741	$73,619	$36,041	$26,000	+86%	DR 49 D	Strong return
7	Holy Cross College Notre Dame, IN	Private	$380,242	$69,795	$26,728	$24,000	+114%	DR 54 C	Strong return
8	Trine University Angola, IN	Private	$359,110	$68,482	$25,355	$25,000	+112%	DR 52 C	Strong return
9	Manchester University North Manchester, IN	Private	$339,514	$66,226	$18,805	$26,854	+150%	DR 55 C	Strong return
10	University of Evansville Evansville, IN	Private	$338,017	$66,049	$18,499	$24,606	+154%	DR 60 C	Strong return
11	University of Saint Francis-Fort Wayne Fort Wayne, IN	Private	$331,270	$65,676	$18,196	$25,976	+151%	DR 57 C	Strong return
12	Valparaiso University Valparaiso, IN	Private	$313,390	$64,876	$18,578	$26,942	+136%	DR 57 C	Strong return
13	DePauw University Greencastle, IN	Private	$306,065	$65,248	$22,264	$27,000	+105%	DR 52 C	Strong return
14	Indiana University-Bloomington Bloomington, IN	Public	$297,455	$63,481	$16,264	$19,509	+156%	DR 64 C	Strong return
15	Trine University-Regional/Non-Traditional Campuses Angola, IN	Private	$293,458	$63,286	$15,788	$25,000	+153%	DR 58 C	Strong return
16	Saint Mary's College Notre Dame, IN	Private	$276,733	$64,387	$25,292	$27,000	+75%	DR 45 D	Strong return
17	Indiana University-Indianapolis Indianapolis, IN	Public	$249,240	$60,160	$11,668	$20,000	+181%	DR 63 C	Strong return
18	Indiana Wesleyan University-National & Global Marion, IN	Private	$219,451	$59,794	$16,898	$24,250	+94%	DR 44 D	Strong return
19	Marian University Indianapolis, IN	Private	$215,049	$61,048	$24,018	$27,000	+52%	DR 41 D	Break-even
20	University of Indianapolis Indianapolis, IN	Private	$207,823	$60,201	$21,602	$26,864	+58%	DR 40 D	Break-even
21	Wabash College Crawfordsville, IN	Private	$197,157	$60,217	$24,336	$27,000	+42%	DR 41 D	Break-even
22	Franklin College Franklin, IN	Private	$187,601	$59,443	$22,855	$27,000	+43%	DR 38 D	Break-even
23	Ball State University Muncie, IN	Public	$183,408	$57,582	$14,940	$23,250	+84%	DR 48 D	Strong return
24	Indiana University-Northwest Gary, IN	Public	$152,609	$54,052	$5,130	$21,710	+218%	DR 65 B	Strong return
25	MyComputerCareer at Indianapolis Indianapolis, IN	For-profit	$149,394	$55,261	$26,182	$9,500	+84%	DR 45 D	Strong return
26	Indiana Wesleyan University-Marion Marion, IN	Private	$147,559	$57,393	$22,866	$24,250	+24%	DR 37 D	Break-even
27	Indiana State University Terre Haute, IN	Public	$143,562	$54,790	$10,873	$24,000	+87%	DR 45 D	Strong return
28	Purdue University Global West Lafayette, IN	Public	$136,797	$53,869	$7,770	$26,078	+119%	DR 51 C	Strong return
29	Indiana Institute of Technology Fort Wayne, IN	Private	$121,819	$56,213	$23,206	$26,391	+10%	DR 30 F	Break-even
30	Purdue University Fort Wayne Fort Wayne, IN	Public	$108,261	$53,439	$13,171	$21,500	+39%	DR 36 D	Break-even
31	University of Southern Indiana Evansville, IN	Public	$106,302	$53,266	$12,923	$20,105	+40%	DR 39 D	Break-even
32	Indiana University-Kokomo Kokomo, IN	Public	$89,147	$50,560	$3,968	$16,961	+152%	DR 57 C	Strong return
33	Indiana University-Southeast New Albany, IN	Public	$87,435	$51,308	$7,888	$19,684	+63%	DR 42 D	Break-even
34	Indiana University-South Bend South Bend, IN	Public	$74,946	$50,867	$8,653	$21,355	+38%	DR 37 D	Break-even
35	Indiana Institute of Technology-College of Professional Studies Fort Wayne, IN	Private	$68,591	$53,005	$20,473	$26,391	-13%	DR 24 F	Poor return
36	Bethel University Mishawaka, IN	Private	$66,650	$52,510	$18,610	$25,000	-10%	DR 30 F	Poor return
37	Lincoln College of Technology-Indianapolis Indianapolis, IN	For-profit	$41,303	$50,116	$28,371	$11,730	-16%	DR 29 F	Poor return
38	Taylor University Upland, IN	Private	$30,790	$51,886	$24,865	$20,500	-36%	DR 32 F	Poor return
39	Anderson University Anderson, IN	Private	$20,297	$51,511	$25,021	$27,000	-41%	DR 27 F	Poor return
40	Purdue University Northwest Hammond, IN	Public	$17,648	$47,485	$6,079	$21,229	-23%	DR 32 F	Poor return
41	Hanover College Hanover, IN	Private	$9,563	$50,304	$21,829	$25,250	-45%	DR 31 F	Poor return
42	Vincennes University Vincennes, IN	Public	$-4,473	$47,240	$11,225	$12,000	-55%	DR 32 F	Poor return
43	Huntington University Huntington, IN	Private	$-17,800	$48,438	$19,310	$25,576	-60%	DR 30 F	Poor return
44	Indiana University-East Richmond, IN	Public	$-32,135	$45,348	$8,134	$18,000	-91%	DR 31 F	Poor return
45	Ivy Tech Community College Indianapolis, IN	Public	$-44,225	$43,710	$7,258	$10,727	-170%	DR 36 D	Poor return
46	Saint Mary-of-the-Woods College Saint Mary of the Woods, IN	Private	$-97,838	$46,838	$31,872	$19,512	-86%	DR 22 F	Poor return
47	Grace College and Theological Seminary Winona Lake, IN	Private	$-115,594	$43,562	$19,932	$19,500	-117%	DR 30 F	Poor return

Source: U.S. Department of Education, College Scorecard. ROI is computed by Degree Return — see how. Read the methodology. Data as of 2024.

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