We describe Spitzer IRAC and MIPS observations of the nearby 25Myr old open cluster NGC 2232. Combining these data with ROSAT All-Sky Survey observations, proper motions, and optical photometry/spectroscopy, we construct a list of highly probable cluster members. We identify one A-type star, HD 45435, that has definite excess emission at 4.5-24um indicative of debris from terrestrial planet formation. We also identify 2-4 late-type stars with possible 8um excesses and 8 early-type stars with definite 24um excesses. Constraints on the dust luminosity and temperature suggest that the detected excesses are produced by debris disks. From our sample of B and A stars, stellar rotation appears to be correlated with 24um excess, a result that would be expected if massive primordial disks evolve into massive debris disks. To explore the evolution of the frequency and magnitude of debris around A-type stars, we combine our results with data for other young clusters.