Luther College

Decorah, IA · Private nonprofit · https://www.luther.edu/ ↗

Luther College is a private nonprofit college in Decorah, Iowa, set in a remote town. It mostly awards bachelor's degrees and has 1,379 undergraduate degree-seeking students. It reports a religious affiliation. By number of bachelor's degrees awarded, its largest programs are Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing; Business Administration, Management and Operations; and Music.

Source: U.S. Department of Education College Scorecard.

Compare with similar schools: Private nonprofit colleges in Iowa

Compare its largest majors across colleges: Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing · Business Administration, Management and Operations · Music

Luther College at a glance

Undergraduate enrollment
1,379
Similar schools: 1,107
Average net priceiAverage sticker price minus typical grants and scholarships: the amount most students actually pay out-of-pocket plus loans.
$23,945
Similar schools: $22,971
Admit rateiShare of applicants who get accepted. Lower = more selective.
71.5%
Similar schools: 73.7%
Graduation rate (6 yrs)iShare of full-time students who finished a 4-year degree within 6 years (which is 150% of the standard 4-year time).
64.9%
Similar schools: 57.7%
Median earnings (10 yrs)iMedian earnings of students 10 years after they started college, among those working and not enrolled in further schooling.
$61,821
Similar schools: $59,098
Median debt at graduationiMedian federal student-loan balance carried by students who graduated. Doesn't include Parent PLUS or private loans.
$27,000
Similar schools: $23,250
First-year retentioniShare of first-year students who came back for year two. A baseline measure of student satisfaction.
77.0%
Similar schools: 77.1%

What the data shows about Luther College

Comparisons below use the medians for the 1,197 private nonprofit schools that mostly award bachelor's degrees in the College Scorecard. Its average net price is $23,945 a year, about the same as the $22,971 median for similar schools. It admits 71.5% of applicants, lower than the 73.7% median. 77.0% of first-time, full-time students return for a second year (similar-school median: 77.1%). 64.9% of full-time students finish a four-year degree within six years, higher than the 57.7% median. Ten years after enrolling, former students who are working earn a median of $61,821, about the same as the $59,098 median for similar schools. Graduates leave with a median of $27,000 in federal student loans (similar-school median: $23,250).