Luther College
Decorah, Iowa
Luther College is a private institution in Decorah, Iowa with 1,454 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 $50,320 compared with a Iowa nursing-school average of $22,026. The school reports a graduation rate of 75.0%, median earnings of $59,850, and median federal debt of $27,000.
$50,320 is higher than the state average of $22,026.
75.0% is higher than the state average of 54.2%.
$59,850 is higher than the state average of $43,462.
About Luther College
| Location | Decorah, Iowa |
| Institution Type | Private Nonprofit |
| Highest Degree | bachelor |
| Website | www.luther.edu |
| In-State Tuition | $50,320 |
| Out-of-State Tuition | $50,320 |
| Total Enrollment | 1,454 |
| Acceptance Rate | 73.3% |
| Graduation Rate | 75.0% |
| Retention Rate | 79.3% |
| Median Earnings (10 yrs after) | $59,850 |
| Median Debt at Graduation | $27,000 |
| Est. Monthly Loan Payment | $286 |
| Pell Grant Recipients | 19.3% |
| Students Receiving Loans | 60.4% |
| Loan Default Rate | 0.0% |
| Nursing Program | Available |
Cost and Return Snapshot
Based on published tuition, median debt, and earnings data
A typical graduate debt load would equal about 0.5 years of post-payment earnings capacity using the reported median earnings and 10-year monthly payment estimate.
Affordability Context
19.3% of students receive Pell Grants, a useful signal for how often the school serves lower-income students. 60.4% of students take federal loans, so borrowing is common 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 Luther College depends on the relationship between price, borrowing, and outcomes. A simple four-year tuition estimate is $201,280, while the reported median debt is $27,000 with an estimated monthly payment of $286. 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 (73.4%), followed by Hispanic students (6.5%) and Black students (3.6%).
Value Score
Median earnings ($59,850) divided by median debt ($27,000)