Most of the colleges in Indiana range from four year universities to community colleges. Let’s look at some NCES stats about the Hoosier state:
Salary BreakdownCollege Scorecard tells us alums from University of Notre Dame earn the highest average salary. 10 years after starting school, the average alum from earns $80,000. Meanwhile, the 2017 mean annual wage in Indiana is $45,290. You do the math!
College Scorecard tells us alums from University of Notre Dame earn the highest average salary. 10 years after starting school, the average alum from earns $80,000. Meanwhile, the 2017 mean annual wage in Indiana is $45,290. You do the math!
Indiana offers several in-state tuition programs. For instance, check out the Midwest Student Exchange Program (MSEP). It has tuition reduction for both public and private colleges in Indiana. It enrolls 306 out-of-state students in 2016-2017. In fact, the total amount of tuition saved was over $1.6 million.
As a result, private colleges offer a 10% reduction on tuition rates. Public colleges agree to charge no more than 150% of in-state school tuition. The savings fall between $500 and $5,000. A few states such as Illinois and Kansas participate in this program.
In addition, Indiana has a 529 savings plan called CollegeChoice 529. The plan helps parents and grandparents save money and invest for their child's higher education. The plan's tax benefits have tax-free withdrawals and tax deferred growth. Also, the plan covers the following school expenses: tuition, fees, books, room and board.
Overall, you can save about $40,000 total in the next 18 years. It's a great way to save money for college, tax-free!
Top Indiana colleges were ranked by total student population.
Thousands of students have rated these Indiana Colleges. Discover what they have to say. Find out about campus life, academics and more!
Source for school statistics and data is the U.S. Department of Education's National Center for Education Statistics and the Integrated Postsecondary Education Data System.
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