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Private nonprofit · 4-year

Luther College

Decorah, Iowa

31
F
DR Rating
DegreeReturn Rating — Poor value

A 0–100 composite of ROI, graduate earnings, net price, debt and graduation rate. How it’s scored.

Poor return
$-35,827 over 10 years

Estimated for a typical student paying the average net price over 4 years.

On these figures the cost and debt outweigh the earnings premium.

15.4 yrs
Break-even
-35%
10-year ROI
$51,640
Median earnings as of 2024
81% of Luther College students earn more than a typical U.S. high-school graduate (about $28,000/yr) ten years after starting — measured from IRS tax records, not surveys.

The numbers behind the verdict

$23,097
Average net price / yr as of 2024
$51,640
Median earnings (5 yr) as of 2024
$44,147
Median earnings (1 yr) as of 2024
$27,000
Median debt at graduation as of 2024
71%
Graduation rate as of 2024
81%
Earn more than a HS grad as of 2024
86%
Repaying their loans (3 yr) as of 2024
77%
Retention rate as of 2024

Lifetime ROI: the long view

Cumulative net gain over a high-school-only earner at different career lengths, with tuition and debt interest already subtracted. Built on IRS-verified federal earnings — not self-reported surveys.

$-35,827
After 10 years
$30,573
After 20 years
$96,973
After 30 years
$163,373
After 40 years

Conservative: holds year-5 earnings flat (no raises). Adjust the assumptions, or see the highest 20-year ROI colleges.

Equity & access

Who the college serves and whether the payoff reaches everyone — earnings ten years after starting (IRS-linked), with access measures from federal enrollment data.

By gender
Women
$57,210
Men
$63,014

9% gap between the two groups

By family-income background
From lower-income families
$49,580
From higher-income families
$62,852

21% gap between the two groups

By student status (FAFSA)
Dependent students
$59,966
Independent students
$48,211

20% gap between the two groups

13%
First-generation students
65%
Take federal student loans
96%
Born in the U.S.
Who studies here
White 71%Hispanic 6%Asian 1%Black 4%Other 17%

Undergraduate enrollment by race/ethnicity. Federal data does not report earnings by race.

Net price by family income

What students actually pay after grants and scholarships, by household income as of 2024.

Family incomeAverage net price / yr
Family income $0–$30k$12,517
$30k–$48k$12,835
$48k–$75k$19,351
$75k–$110k$22,204
$110k+$29,376

How Luther College compares

This college against the Iowa and national averages — higher earnings and lower cost/debt are better.

Graduate earnings over time

Median earnings of Luther College students 10 years after entering, by cohort year as of 2024.

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Best-paying majors at Luther College

Fields of study ranked by their own ROI — earnings five years after graduating against the cost and debt. Click a major for the deep dive.

MajorCredentialEarnings (5 yr)Median debt10-yr ROIVerdict
Computer ScienceAssociate's$117,530$27,000+1,194%Strong return
Accounting and Related ServicesAssociate's$90,836$27,000+718%Strong return
Registered Nursing, Nursing Administration, Nursing Research and Clinical NursingAssociate's$74,923$27,000+434%Strong return
MathematicsAssociate's$67,264+382%Strong return
Biology, GeneralAssociate's$63,171$26,391+226%Strong return
Business Administration, Management and OperationsAssociate's$61,587$27,000+196%Strong return
Political Science and GovernmentAssociate's$56,840$27,000+111%Strong return
Liberal Arts and Sciences, General Studies and HumanitiesAssociate's$54,501$27,000+70%Strong return
Communication and Media StudiesAssociate's$52,931$27,000+42%Break-even
Psychology, GeneralAssociate's$51,640$25,823+19%Break-even
Fine and Studio ArtsAssociate's$48,575-23%Poor return
HistoryAssociate's$48,123-32%Poor return
MusicAssociate's$47,981$27,000-47%Poor return
Teacher Education and Professional Development, Specific Levels and MethodsAssociate's$47,368$27,000-58%Poor return
Health Services/Allied Health/Health Sciences, GeneralAssociate's$45,428-91%Poor return
Romance Languages, Literatures, and LinguisticsAssociate's$44,471$27,000-109%Poor return
Religion/Religious StudiesAssociate's$44,246-116%Poor return
English Language and Literature, GeneralAssociate's$43,688$27,000-123%Poor return
International/Globalization StudiesAssociate's$37,587-261%Poor return

Calculate your own ROI

Adjust the assumptions for your situation — the verdict, break-even and chart update live.

ROI at Luther College

Or pick your to set cost

Estimates from federal data; your result will vary. How this works.

10-yr net gain
Break-even
10-yr ROI

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Admissions & profile

72%
Admission rate
1,218
Average SAT
26
Median ACT
1,379
Undergraduates

Location

Source: U.S. Department of Education, College Scorecard. ROI is computed by Degree Return — see how. Read the methodology. Data as of 2024.

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