Top 50 Best Doctoral Degree Programs in Indiana by ROI

Every Doctoral Degree program in Indiana ranked by estimated 20-year net return on investment across all majors. Data from the U.S. Department of Education College Scorecard.

Programs in Indiana

Colleges with salary data

Average 20-Yr Net ROI

+$432,753

Across all Indiana programs

Average Annual Cost

$28,784

Cost of attendance

#	College	Major	20-Yr Net ROI	Median Salary	Annual Cost	Avg Debt
1	Purdue University Global Grad rate: 30.4%	Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing.	+$1,195,604	$105,379	$17,994	N/A	Full ROI →
2	Indiana State University Grad rate: 42.5%	Educational Administration and Supervision.	+$1,089,020	$101,146	$23,475	N/A	Full ROI →
3	Purdue University-Main Campus Grad rate: 83.1%	Chemistry.	+$833,912	$88,209	$22,567	N/A	Full ROI →
4	Indiana University-Bloomington Grad rate: 81.2%	Liberal Arts and Sciences, General Studies and Humanities.	+$815,756	$88,260	$27,361	N/A	Full ROI →
5	Indiana University-Indianapolis Grad rate: 55.1%	Public Administration.	+$773,516	$85,119	$22,216	N/A	Full ROI →
6	Indiana University-Bloomington Grad rate: 81.2%	Chemistry.	+$641,456	$79,545	$27,361	N/A	Full ROI →
7	Purdue University Global Grad rate: 30.4%	Clinical, Counseling and Applied Psychology.	+$616,464	$76,422	$17,994	N/A	Full ROI →
8	Purdue University Global Grad rate: 30.4%	Educational Administration and Supervision.	+$572,584	$74,228	$17,994	N/A	Full ROI →
9	University of Indianapolis Grad rate: 57.7%	Clinical, Counseling and Applied Psychology.	+$543,924	$78,931	$48,674	N/A	Full ROI →
10	University of Evansville Grad rate: 67.8%	Rehabilitation and Therapeutic Professions.	+$352,268	$70,827	$56,068	N/A	Full ROI →
11	Purdue University Global Grad rate: 30.4%	Business Administration, Management and Operations.	+$339,204	$62,559	$17,994	N/A	Full ROI →
12	Ball State University Grad rate: 63.6%	Business/Commerce, General.	+$307,664	$62,410	$25,134	N/A	Full ROI →
13	Indiana University-Bloomington Grad rate: 81.2%	Anthropology.	+$278,956	$61,420	$27,361	N/A	Full ROI →
14	Indiana University-Bloomington Grad rate: 81.2%	Communication and Media Studies.	+$271,176	$61,031	$27,361	N/A	Full ROI →
15	Ball State University Grad rate: 63.6%	Educational Administration and Supervision.	+$270,004	$60,527	$25,134	N/A	Full ROI →
16	Purdue University-Main Campus Grad rate: 83.1%	Communication and Media Studies.	+$250,652	$59,046	$22,567	N/A	Full ROI →
17	University of Notre Dame Grad rate: 96.6%	Biology, General.	+$202,976	$68,191	$80,211	N/A	Full ROI →
18	Indiana University-Bloomington Grad rate: 81.2%	Curriculum and Instruction.	+$190,876	$57,016	$27,361	N/A	Full ROI →
19	Ball State University Grad rate: 63.6%	Special Education and Teaching.	+$124,804	$53,267	$25,134	N/A	Full ROI →
20	Ball State University Grad rate: 63.6%	Educational Assessment, Evaluation, and Research.	+$123,284	$53,191	$25,134	N/A	Full ROI →
21	Indiana University-Bloomington Grad rate: 81.2%	Music.	+$95,936	$52,269	$27,361	N/A	Full ROI →
22	Indiana University-Indianapolis Grad rate: 55.1%	Business Administration, Management and Operations.	+$56,916	$49,289	$22,216	N/A	Full ROI →
23	Indiana University-Bloomington Grad rate: 81.2%	English Language and Literature, General.	+$6,376	$47,791	$27,361	N/A	Full ROI →

How ROI is calculated

20-Year Net ROI = Gross Earnings (salary × 20) − Total Degree Cost − Debt Payoff (×1.35) − Baseline Opportunity Cost ($42,000 × 20). Data from the U.S. College Scorecard.