Head-to-Head Analysis
This analysis was generated using Azimuth's proprietary framework. Our data model transforms federal education data into actionable insights. Learn about founder Daniel Rogers, explore our research methodology, or see how we think about this data.
Updated January 2026 • Muncie, IN & Nacogdoches, TX
When students choose between Ball State University and Stephen F Austin State University, they're comparing two public universities with remarkably similar profiles. Both serve as regional anchors—Ball State in Indiana, Stephen F Austin in Texas—with comparable costs around $15,900/year.
The schools attract similar student populations and offer broad program arrays. However, the data reveals modest but meaningful differences in graduation rates and career outcomes that could influence your decision.
Median Student Debt at Graduation
$23,250
federal loans
$23,409
federal loans
Median Parent PLUS Loans
$20,800
borrowed by parents
$18,080
borrowed by parents
Ball State is predominantly business-focused, with 21% of graduates earning degrees in business fields. Stephen F Austin has a similar concentration at 20% business.
Ball State's program mix includes 21% Business, 10% Education, and 7% Arts, while Stephen F Austin shows 20% Business and 9% Arts with a more interdisciplinary approach. Ball State's largest programs include Liberal Arts (249 graduates), Radio/Television/Digital Communication (220), and Education (192).
Stephen F Austin's top programs feature Multidisciplinary Studies (291), Sports/Kinesiology (146), and Nursing (119). This program diversity creates similar career pathway options at both institutions.
For students prioritizing completion rates and modest earnings advantages, Ball State delivers better outcomes at essentially the same cost as Stephen F Austin. Stephen F Austin offers strong value for students drawn to Texas, interdisciplinary programs, or who connect better with its campus culture.
Both schools serve similar student populations with comparable affordability challenges, making program fit and location key deciding factors. The data points to Ball State as the marginally stronger choice for degree completion and career outcomes, but the differences are modest enough that personal preferences should drive your decision.
Choose Ball State for slightly better graduation odds and earnings, or Stephen F Austin for Texas location and interdisciplinary strength.
Key Takeaway
The numbers are close, but the best school depends on your goals, values, and career aspirations.
This comparison was generated using Azimuth's proprietary ROI framework, developed by founder Daniel Rogers. Our methodology transforms federal education data into actionable insights for families.
This comparison uses Azimuth's proprietary ROI model based on U.S. Dept. of Education data. View Full Methodology.
This content is for educational and informational purposes only and should not be construed as financial, investment, or professional advice. Consult a qualified advisor before making any financial decisions.
College Azimuth is a private research initiative and is not affiliated with the U.S. Department of Education or Federal Student Aid.
