Higher Education Institutions and Enrollment Data in 47304
The primary higher education institution serving zip code 47304 is Ivy Tech Community College, with its Richmond campus offering associate degrees and certificates. According to the National Center for Education Statistics, Ivy Tech serves over 100,000 students statewide, with the Richmond location focusing on business, technology, and health sciences programs. NCES College Navigator lists the institution's IPEDS ID as 440044.
For bachelor's and graduate degrees, residents of 47304 typically commute to Earlham College in Richmond, a private liberal arts college with an enrollment of approximately 1,200 students. U.S. News & World Report ranks Earlham among the top regional liberal arts colleges, and the college reports a four-year graduation rate of 63%. U.S. News Earlham College Profile provides the latest admissions and financial data.
Tuition Costs, Financial Aid, and Accreditation
Ivy Tech Community College charges in-state tuition of approximately $4,080 per year for full-time students based on the most recent public data, with out-of-state rates higher. The college is regionally accredited by the Higher Learning Commission, and its programs in nursing and cybersecurity hold additional specialized accreditation. Higher Learning Commission maintains the official accreditation status.
Earlham College lists total annual costs, including tuition, room, and board, at approximately $75,000 for the most recent academic year. The college meets 100% of demonstrated financial need for admitted students, and its endowment stood at approximately $400 million as of the latest IRS Form 990 filings. IRS Tax Exempt Organization Search can verify Earlham's tax-exempt status and filings.
Career Outcomes and Workforce Alignment
Ivy Tech reports that over 90% of graduates in high-demand fields such as nursing and advanced manufacturing secure employment or continue education within six months. The college partners with local employers in the Richmond and Henry County area, including manufacturing firms and healthcare systems, to align curricula with workforce needs. Forbes has highlighted community colleges as critical pipelines for skilled labor.
Earlham College graduates have a median early-career salary of approximately $45,000, with mid-career earnings rising to around $95,000 according to PayScale data. The college's alumni network is concentrated in the Midwest, with significant representation in education, business, and nonprofit sectors. Payscale College Salary Report provides the underlying salary benchmarks.