Mount Mercy University
Cedar Rapids, Iowa
Mount Mercy University is a private institution in Cedar Rapids, Iowa with 1,135 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 $39,070 compared with a Iowa nursing-school average of $22,026. The school reports a graduation rate of 55.9%, median earnings of $60,787, and median federal debt of $23,699.
$39,070 is higher than the state average of $22,026.
55.9% is higher than the state average of 54.2%.
$60,787 is higher than the state average of $43,462.
About Mount Mercy University
| Location | Cedar Rapids, Iowa |
| Institution Type | Private Nonprofit |
| Highest Degree | graduate |
| Website | www.mtmercy.edu |
| In-State Tuition | $39,070 |
| Out-of-State Tuition | $39,070 |
| Total Enrollment | 1,135 |
| Acceptance Rate | 78.8% |
| Graduation Rate | 55.9% |
| Retention Rate | 70.1% |
| Median Earnings (10 yrs after) | $60,787 |
| Median Debt at Graduation | $23,699 |
| Est. Monthly Loan Payment | $251 |
| Pell Grant Recipients | 25.9% |
| Students Receiving Loans | 57.0% |
| 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 0.4 years of post-payment earnings capacity using the reported median earnings and 10-year monthly payment estimate.
Affordability Context
25.9% of students receive Pell Grants, a useful signal for how often the school serves lower-income students. 57.0% 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 Mount Mercy University depends on the relationship between price, borrowing, and outcomes. A simple four-year tuition estimate is $156,280, while the reported median debt is $23,699 with an estimated monthly payment of $251. 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 (64.0%), followed by Black students (3.4%) and Hispanic students (2.7%).
Value Score
Median earnings ($60,787) divided by median debt ($23,699)