Decorah, Iowa · Private Non-Profit ·Town
Luther College
At a glance
Basics
- Type
- Private Non-Profit
- Setting
- Town
- Enrollment
- 1,379 students
- Women / Men
- 52.1% / 47.9%
Admissions
- Acceptance rate
- 71.5%
- SAT (mid 50%)
- 1078–1406
- ACT (mid 50%)
- 22–29
Cost
- Avg net price
- $23,097
- Sticker price
- $65,461
- Tuition (in-state)
- $52,120
- Tuition (out-of-state)
- $52,120
Outcomes
- Graduation rate
- 71.1%
- Retention rate
- 77%
- Median earnings (10y)
- $59,850
- Median debt
- $27,000 (~$293/mo)
Financial aid
- On Pell grants
- 20.4%
- Take federal loans
- 64.8%
All majors at Luther College
43 programs listed in federal data. Every row opens a school-specific page; listings without a positive program signal stay available for users but out of Google's index.
Cost & ROI
Is Luther College worth it?
Pay $23,097/yr after aid. Graduates earn a median of $59,850 ten years out — about 2.6× the annual cost. Value grade: C.
- Avg net price
- $23,097/yr
- Median earnings
- $59,850/yr (10y out)
- Median debt
- $27,000~$293/mo
- 4-year est. cost
- $92,388net of aid
Frequently asked questions
What is Luther College's acceptance rate?
Luther College admits 71.5% of applicants — accessible on admissions, compared to the national average of 72.3%. Most admitted students score in the 1078–1406 range on the SAT.
How much does Luther College cost per year?
The average annual net price — what students actually pay after grants and scholarships — is $23,097. The sticker price before any aid is $65,461, so most students receive substantial discounts. Over four years that net cost adds up to roughly $92,388.
How much debt do Luther College graduates have?
Graduates leave Luther College with a median federal student loan balance of $27,000, which works out to about $293 per month on a standard 10-year repayment plan. About 64.8% of students take federal loans.
Is Luther College worth the cost?
Ten years after enrolling, Luther College graduates earn a median of $59,850 per year (national median: $50,834). That's about 2.6× the annual net price. EduGradify assigns Luther College a value grade of C.
What SAT score do you need for Luther College?
Admitted students score 1078–1406 on the SAT (middle 50% range, out of 1600). That means a quarter of admits scored above the high end of that range, and a quarter scored below it.
What is the graduation rate at Luther College?
71.1% of full-time undergraduates graduate from Luther College within six years of enrolling — national average is 49.9%. First-year retention is 77%.
What are the most popular majors at Luther College?
43 programs are listed in federal data; 39 have positive share data. The largest reported major at Luther College is Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing (8.0%), followed by Music (7.4%).
What percent of Luther College students receive financial aid?
20.4% of Luther College students receive a federal Pell Grant — the main need-based federal aid program. 64.8% take federal student loans.
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