Head-to-head comparison
Ivy Tech Community College vs Grace College and Theological Seminary: which has better ROI?
Option A Indianapolis, IN
Ivy Tech Community College
- Net price / year
- $7,258
- Earnings, 10 years
- $37,186
- Payback
- No payback
Option B Winona Lake, IN
Grace College and Theological Seminary
- Net price / year
- $19,932
- Earnings, 10 years
- $45,411
- Payback
- No payback
Neither clears its cost on institution-wide earnings, but Grace College and Theological Seminary comes closer — median earnings $45,411 against a $79,728 total, vs $37,186 at Ivy Tech Community College. (Scorecard, 2026 · our math.)
| Measure | Ivy Tech Community College | Grace College and Theological Seminary |
|---|---|---|
| Net price / yr | $7,258 | $19,932 |
| Total net cost | $29,032 | $79,728 |
| Median earnings, 10 yrs | $37,186 | $45,411 |
| Median debt | $10,727 | $19,500 |
| Payback | — | — |
| 20-year net return | -$252,512 | -$138,708 |
College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.
The short answer
Which is cheaper, Ivy Tech Community College or Grace College and Theological Seminary?
Ivy Tech Community College, at $7,258 a year after aid versus $19,932 — a gap of $12,674 a year, or $50,696 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.
The short answer
Do Ivy Tech Community College or Grace College and Theological Seminary graduates earn more?
Grace College and Theological Seminary graduates report a median $45,411 ten years after entry, $8,225 more than the $37,186 at Ivy Tech Community College. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.
The short answer
Which leaves students with less debt, Ivy Tech Community College or Grace College and Theological Seminary?
Ivy Tech Community College: its completers carry a median $10,727 in federal loans versus $19,500 at Grace College and Theological Seminary, a difference of $8,773. The figure counts students who finished; it excludes private loans and anyone who left before graduating.
The short answer
Which graduates more of its students?
69% of students finish at Grace College and Theological Seminary, against 41% at Ivy Tech Community College. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.