Drake University

Des Moines, Iowa

Private Nonprofit Graduate Programs
$49,944
In-State Tuition
77.3%
Graduation Rate
$71,901
Median Earnings
2,669
Enrollment

Drake University is a private institution in Des Moines, Iowa with 2,669 undergraduate students. For nursing students, the useful read is not just whether a program exists, but how its tuition, completion rates, debt, and earnings compare with nearby options.

In-state tuition is $49,944 compared with a Iowa nursing-school average of $22,026. The school reports a graduation rate of 77.3%, median earnings of $71,901, and median federal debt of $23,000.

Tuition vs State
$49,944
+$27,918

$49,944 is higher than the state average of $22,026.

Graduation vs State
77.3%
+23.1%

77.3% is higher than the state average of 54.2%.

Earnings vs State
$71,901
+$28,439

$71,901 is higher than the state average of $43,462.

Tuition rank: Cheapest 8% Graduation rank: Top 11% Value rank: Top 50%

About Drake University

Location Des Moines, Iowa
Institution Type Private Nonprofit
Highest Degree graduate
Website www.drake.edu
In-State Tuition $49,944
Out-of-State Tuition $49,944
Total Enrollment 2,669
Acceptance Rate 64.1%
Graduation Rate 77.3%
Retention Rate 83.9%
Median Earnings (10 yrs after) $71,901
Median Debt at Graduation $23,000
Est. Monthly Loan Payment $243
Pell Grant Recipients 20.9%
Students Receiving Loans 47.1%
Loan Default Rate 0.0%
Nursing Program Available

Cost and Return Snapshot

Based on published tuition, median debt, and earnings data

4-Year Tuition
$199,776
Median Debt
$23,000
Monthly Payment
$243
Earnings / Debt
3.1x

A typical graduate debt load would equal about 0.3 years of post-payment earnings capacity using the reported median earnings and 10-year monthly payment estimate.

Affordability Context

20.9% of students receive Pell Grants, a useful signal for how often the school serves lower-income students. 47.1% of students take federal loans, so borrowing is less common than at many institutions in the student body. The three-year loan default rate is 0.0%, which helps frame repayment risk alongside earnings and debt.

Cost and Outcomes Context

The value picture at Drake University depends on the relationship between price, borrowing, and outcomes. A simple four-year tuition estimate is $199,776, while the reported median debt is $23,000 with an estimated monthly payment of $243. These figures should be compared with aid offers and program-specific requirements before making a final decision.

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Student Demographics

The student body is largest among White students (70.5%), followed by Hispanic students (7.8%) and Black students (6.9%).

White70.5%
Hispanic7.8%
Black6.9%
Asian4.9%

Value Score

3.1x
Earnings-to-Debt Ratio

Median earnings ($71,901) divided by median debt ($23,000)

Frequently Asked Questions

Where is Drake University located?
Drake University is located in Des Moines, Iowa.
Does Drake University offer nursing programs?
Drake University reports nursing program activity in federal College Scorecard data.
What is in-state tuition at Drake University?
Published in-state tuition is $49,944. A simple four-year tuition estimate is $199,776 before fees, housing, books, and aid.
What is the graduation rate at Drake University?
Drake University reports a graduation rate of 77.3%, placing it around the 90th percentile among nursing peers in Iowa.
How much do Drake University students earn after attending?
Median earnings 10 years after entry are $71,901. This figure is schoolwide outcomes data, not a nursing-only salary guarantee.
What is median debt at Drake University?
Median federal student debt is $23,000, with an estimated 10-year monthly payment of $243.
What is the acceptance rate at Drake University?
Drake University reports an admission rate of 64.1%.
How large is Drake University?
Drake University enrolls about 2,669 undergraduate students.