While there have been discussions in the past to change the age of emancipation in Indiana (as we are one of only two states with a 21 year old emancipation age) it seems like there is actually some movement this year on getting the number changed to 19. This would put Indiana in line with the majority of states. In addition, the current bill would still leave intact the ability for a Court to award college expenses.
This change would save on a great deal of litigation over whether or not a child is truly capable of supporting him or herself, as currently required by the emancipation statute for a parent seeking to stop paying child support before the child turns 21. Yet, it still protects those children who are going to pursue additional education by allowing for the award of a college expense order.
You can read the currently proposed Senate Bill Number 18 here.