Ball State University Insurance: earnings, debt & careers

Insurance graduates of Ball State University earn a median $59,612 four years after graduating ($48,615 after one year), with median federal loan debt of $27,000. That is $29,731 below the U.S. median for Insurance graduates ($89,343 across 21 colleges), and ranks 3rd of 3 Indiana colleges.

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Earnings, 4 years after graduating
$59,612

U.S. median for this major: $89,343.

College Scorecard field of study; 26 graduates with earnings reported. A small group, so treat this figure with caution

Earnings, 1 year after
$48,615

Median for graduates who received federal aid.

College Scorecard field of study

Median debt at graduation
$27,000

About 45% of median earnings 4 years out. U.S. median $22,957.

College Scorecard field of study (federal loans)

What your family pays
$14,940 /yr

Average after grants for all families receiving federal aid. Pick your income above.

Sticker price $26,146. College Scorecard.

BSU Insurance: pay against the field, and payback

Same major, other colleges

BSU graduates$59,612
Indiana median (3 colleges)$67,033 (−$7,421)
U.S. median (21 colleges)$89,343 (−$29,731)

Median earnings 4 years after graduating; state and U.S. figures are the median of each covered college's graduates in this major. College Scorecard; calculated by EducationGuide.

Insurance nationally: jobs, pay at ages 25-34, every state →

Cost to finish and years to pay back, by income

Uses BSU's school-wide net price (no college reports it by major) and this major's graduate earnings.

Family incomeNet price / yrCost to finishYears to pay back
$0–30k$7,834$32,9811.4 years
$30–48k$9,848$41,4601.7 years
$48–75k$14,333$60,3422.5 years
$75–110k$19,567$82,3773.4 years
$110k+$23,479$98,8474.1 years

Cost to finish = yearly price × 4.2 years, the average time graduates took (51% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of Insurance graduates 4 years after graduating ($59,612) minus $35,534 for high school graduates ages 25-34 in IN (Census ACS 2020-2024), a gain of $24,078 a year. Before taxes, loan interest and earnings given up while in school. Method

College Scorecard; IPEDS Graduation Rates; U.S. Census Bureau ACS. Calculated by EducationGuide.

Insurance at Indiana colleges

Every Indiana college we cover that reports Insurance graduate earnings, highest first. Net price is the school-wide average after grants.

RankCollegeEarnings, 4 yrsMedian debtAvg. net priceGraduation
1Butler University$89,343—$36,04180%
2Indiana State University$67,033—$10,87343%
3Ball State University$59,612$27,000$14,94062%

1 more Indiana college offers Insurance but has too few graduates to report earnings.

Careers for Insurance graduates

Insurance underwriter

Indiana$77,440
U.S.$81,370

Median annual wage, all workers. U.S. jobs -3.8% by 2035. Typical entry: bachelor's degree.

Compensation, Benefits, and Job Analysis Specialists

Indiana$68,300
U.S.$78,210

Median annual wage, all workers. U.S. jobs +6.0% by 2035. Typical entry: bachelor's degree.

Compensation and Benefits Managers

Indiana$118,180
U.S.$149,230

Median annual wage, all workers. U.S. jobs +1.1% by 2035. Typical entry: bachelor's degree.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35. Careers from the federal major-to-occupation crosswalk.

What families pay at BSU, by income

School-wide average after grants for students receiving federal aid. Tap your band.

College Scorecard

About BSU

Related majors at BSU

BSU Insurance questions

How much do BSU Insurance graduates earn?

Insurance graduates of Ball State University earn a median $59,612 four years after graduating and $48,615 one year after. The U.S. median for Insurance graduates across 21 colleges is $89,343.

How much debt do BSU Insurance graduates have?

The median federal loan debt for Insurance graduates of Ball State University is $27,000, about 45% of their median earnings four years out. Nationally the median is $22,957.

Is BSU a good school for Insurance in Indiana?

On pay, Insurance graduates of Ball State University earn $59,612 four years out, $7,421 below the median for the same major across 3 Indiana colleges ($67,033) and $29,731 below the U.S. median ($89,343). Medians of each college's graduates; EducationGuide calculation from College Scorecard.

Where does BSU rank for Insurance in Indiana?

Of 3 Indiana colleges reporting Insurance graduate earnings, Ball State University ranks 3rd. The highest is Butler University at $89,343.

What jobs do Insurance graduates get?

A common career is insurance underwriter, with a median wage of $77,440 in Indiana and $81,370 nationally. Others include compensation, benefits, and job analysis specialists and compensation and benefits managers.

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Sources: U.S. Department of Education College Scorecard (field of study: median earnings and federal loan debt of graduates who received federal aid); BLS. How we score
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Cite this: “Ball State University Insurance: earnings, debt and careers,” EducationGuide.com, https://educationguide.com/colleges/ball-state-university/majors/insurance (College Scorecard and BLS data).