C+
Above Average
Score: 57/100
Overall (traditional)
B+
Outcome Rating
75/100 · earnings-weighted

Luther College

4-Year Private Non-Profit
📍 Decorah, Iowa 52101
Luther College campus, Decorah, IA
Luther College campus, Decorah, IA. Photo: Bobak Ha'Eri, CC BY 3.0 via Wikimedia Commons.
Outcomes
B+
81/100
Affordability
F
15/100
Resources
C+
62/100
Experience
A+
94/100
Prestige
D
37/100

Two ratings: the overall grade compares colleges the conventional way (outcomes, cost, resources, experience, reputation). The Outcome Rating asks what students earn: 60% wage-adjusted earnings 10 years after enrolling, 25% graduation, 15% retention. Methodology

Quick Stats

1,463
Total Enrollment
75%
Graduation Rate
79%
Retention Rate
10.0:1
Student-Faculty Ratio
73%
Acceptance Rate
N/A
Avg Net Price

Earnings, Debt & Completion

What happens to students who enroll at Luther College, from the U.S. Department of Education’s College Scorecard.

$59,850
Median earnings 10 yrs after entry
$49,541
Median earnings 6 yrs after entry
$27,000
Median debt at graduation
71.1%
Completion rate (within 150% of normal time)
1,218
Average SAT
26
Median ACT
20.4%
Students receiving Pell grants

Typical debt at graduation equals about 45% of one year’s median earnings ten years after entry.

Earnings rank: 73rd percentile among bachelor’s-degree-focused colleges after a partial adjustment for local wage levels (IA wage index 0.90). This drives the Outcome Rating.

Source: U.S. Department of Education College Scorecard, retrieved Oct 2026. Earnings are for federally aided students who enrolled, whether or not they graduated.

Earnings by Major at Luther College

Median pay of bachelor's degree graduates by field of study, and how each program ranks against every college reporting that major — by raw pay and adjusted for state wage levels. Same school, very different paychecks.

Major1 yr after4 yrs aftervs. nationalRank (pay)Rank (wage-adj.)Median debt
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing$75,533$77,569-13%#825 of 966#783$27,000
Accounting and Related Services$60,068$75,341-1%#346 of 796#294$27,000
Business Administration, Management and Operations$49,491$68,510+0%#416 of 1176#322$27,000
Biology$29,359$63,998+12%#217 of 841#128$26,391
Computer Science$63,760————$27,000
Psychology$30,302$56,469+11%#191 of 1027#99$25,823
Liberal Arts and Sciences, General Studies and Humanities$42,926$54,821+3%#182 of 476#130$27,000
Political Science and Government$21,358$53,510-15%#468 of 565#402$27,000
Communication and Media Studies$42,012$52,905-6%#362 of 660#292$27,000
Natural Resources Conservation and Research$19,239$52,296-5%#163 of 265#112—
Sports, Kinesiology, and Physical Education/Fitness—$51,913-5%#344 of 610#302$27,000
Music$45,367$50,947+19%#53 of 268#41$27,000
Health Services/Allied Health/Health Sciences—$50,580-17%#126 of 156#114—
Teacher Education and Professional Development, Specific Levels and Methods$45,691$50,164+6%#233 of 680#192$27,000
Germanic Languages, Literatures, and Linguistics—$49,769-10%#5 of 6#5—
Social Work$30,372$47,660-8%#325 of 420#329$27,000
English Language and Literature$38,490$46,116-5%#376 of 576#305$27,000
History—$45,737-10%#362 of 459#307—

Source: U.S. Department of Education College Scorecard, field-of-study data. Earnings are for graduates who received federal aid and were working; small programs are not reported.

For parents & investors

The Luther College Town Property Report

  • Avg home value near campus: $336,633
  • Avg rent near campus: $985/mo — vs ~$587/mo campus room rate
  • Top nearby ZIP by cap rate: 52168 (4.0% cap, Spillville)

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Costs & Financial Aid

Tuition & Fees

Category In-State Out-of-State
Tuition $49,650 $49,650
Room $5,280
Board $5,900
Total Cost (On-Campus) $65,555 $65,555

Financial Aid

100%
Receive Any Aid
21%
Receive Pell Grants
60%
Take Out Loans
N/A
Avg Net Price

Student Demographics

1,463
Total Students
54%
Women
99%
Traditional Age (18-24)

👥 Race & Ethnicity

White 73%
Hispanic 6%
Black 4%
Asian 2%
Non-Resident 13%

🏠 Living Arrangements

💻 Learning Mode

In-Person 100%

📊 Age Distribution

18-24 (Traditional) 99%

Frequently Asked Questions

What is the acceptance rate at Luther College?
Luther College has an acceptance rate of 73%. This indicates a less selective admissions process with good chances for qualified applicants.
How much does it cost to attend Luther College?
Tuition at Luther College is $49,650 for in-state students and $49,650 for out-of-state students .
What is the graduation rate at Luther College?
The graduation rate at Luther College is 75%. This is a solid graduation rate, showing that most students who enroll successfully complete their degrees.
Is Luther College a good school?
Luther College has a Repit College Score of 57/100 (Grade: C+). Our rating evaluates five key factors:
  • Outcomes (B+): Graduation and retention rates
  • Affordability (F): Net cost and financial aid access
  • Resources (C+): Class sizes and selectivity
  • Experience (A+): Campus life and learning format
  • Prestige (D): Reputation and recognition
How many students attend Luther College?
Luther College has a total enrollment of 1,463 students. Most students (99%) are traditional college-age (18-24).

Deciding between a dorm and buying near campus? Run the numbers for Luther College — four years of dorm costs vs. owning, including what you’d recover at resale. Buy vs Dorm calculator →

🎓 Similar Colleges to Luther College

Compare with other 4-Year private non-profit institutions of similar size.

C+
Central College
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C+
Faith Baptist Bible College and Theological Seminary
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C+
Saint Ambrose University
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C+
Cornell College
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Coe College
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Loras College
Dubuque, IA · 1,213 students

Data source: IPEDS 2023-24 | Last updated: October 2026 | Methodology