The Herald Bulletin

Morning Update

State News

November 6, 2013

State report compares value of college degrees

INDIANAPOLIS — Indiana higher education officials have long been promoting the value of a college degree, but a new report shows some degrees are much more valuable than others.

According to the “Return on Investment” report issued Wednesday by the Indiana Commission on Higher Education, Indiana students who’ve earned an associate degree at a two-year college are averaging higher salaries in their first year of employment than graduates of the state’s four-year public universities.

That salary discrepancy changes over time, but much more so for some degrees than others.

Graduates with a four-year engineering degree from Purdue University, for example, have an average salary of just over $65,000 within five years of leaving school — earning about $28,000 more than a Purdue grad with a history degree. And the report shows that while most of those engineering grads go on to work in their field of study, one of top fields of employment for those history majors is in the restaurant industry.

The detailed report includes information on tuition costs, student debt load, graduate salaries by degree and the top three fields of employment by degree for every public two-year and four-year institution in Indiana.

The data in the report was pulled from several sources that track Indiana students who remain in the state after college.

“We want to be unequivocal in our message that a college degree is valuable, and more valuable than ever,” said Jason Bearce, Associate Commissioner for Strategic Communications and Initiatives. “But it’s become increasing clear that the return on investment that people get depends greatly on the choices they make and what they want to come out it.”

The ROI report is the latest in a series of ongoing efforts initiated by Higher Education Commissioner Teresa Lubbers to provide more information to Hoosier students and their families about the costs and benefits of a college education.

Text Only
State News
  • SPT - HB0419 - County track - 116 Arabians sweep track titles again Beautiful sunshine and warm temperatures greeted the competitors at the Madison County track meet Friday at Madison-Grant. The Pendleton Heights boys and girls teams were looking to take the county for the third year in a row, but Anderson and Lapel had other ideas. It started off as a record-setting meet and finished with a bang as Pendleton was able to wrap up both titles. The girls held off a stiff challenge from Lapel to win 167.5-147, and the boys took the final event of the night to squeak out a 156.5-148.5 win over Lapel.

    April 19, 2014 2 Photos

  • news_southwest.jpg Flight lands safely in Indiana after threat

    An Indianapolis airport spokesman said a Southwest Airlines flight safely made an emergency landing after the airline received some kind of threat.

    April 18, 2014 1 Photo

  • Indianapolis police officer kills ex-wife, self

    Authorities say an Indianapolis police officer shot and killed his estranged wife, also an officer, and then turned the gun on himself.

    April 18, 2014

  • Leaders await decision on Indiana Plan expansion

    Two of the state's top Republican lawmakers said Tuesday that they would like to see the federal government sign off on an expansion of Medicaid through the state's health care plan for low-income residents, but they added that they have little idea how soon that could happen.

    April 16, 2014

  • 3 killed in I-65 backup from chemical tanker crash A man and two of his children died after he dropped his wife off at an airport, their vehicle rear-ending a semitrailer on a backed-up Interstate 65 in rural northwest Indiana, authorities said.

    April 15, 2014

  • Putnam County deputy charged with lying to grand jury

    Federal prosecutors say a grand jury has charged a central Indiana reserve sheriff's deputy with lying to it in connection with the investigation of another deputy.

    April 15, 2014

  • Indianapolis-San Francisco flights have good start

    New nonstop flights between Indianapolis and San Francisco have been filling up with passengers during their first months in the air.

    April 15, 2014

  • Study finds Indiana residents paying more in taxes

    A national study found that Indiana residents have paid an increasing percentage of their income on state and local taxes at the same time their average income was shrinking.

    April 15, 2014

  • Indianapolis city leaders unanimously approve deal for Pacers

    The Pacers' biggest win so far this season came Monday — off the court. In exchange for providing $164 million to pay for operating costs at Bankers Life Fieldhouse over the next 10 years, the Pacers agreed to extend a lease agreement that will keep them in Indy for up to 13 more seasons.

    April 14, 2014

  • Delaware County treasurer faces 46 felony counts

    A prosecutor sought the removal of a Delaware County treasurer from office Monday after filing charges that allege theft, official misconduct and 44 counts of not depositing public funds on time.

    April 14, 2014

Staff Photos


We're looking for your photos! Share your photos of your favorite people, places and Madison County events in our September reader photo gallery. Click here to upload your photos

Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide