Analysis
Similar International Relations programs nationally suggest first-year earnings around $37,000—a challenging starting point when Drake estimates indicate roughly $21,500 in debt at graduation. That's a 0.58 debt-to-earnings ratio, which falls within manageable territory, but the underlying question is whether these modest early earnings justify the investment in a private university education.
Drake's selective profile (64% admission rate, 1288 SAT average) positions it as a solid regional institution, yet the estimated outcomes for this major don't show a clear premium over Iowa's public options. The University of Iowa reports nearly identical earnings for this field at $36,376, likely with lower debt loads given public tuition rates. For International Relations specifically, these figures aren't surprising—the field typically requires graduate education or strategic networking to access higher-paying roles in diplomacy, policy analysis, or national security. Many graduates spend years in internships, nonprofit work, or government entry positions before their credentials translate to stronger earnings.
The debt level appears manageable relative to income, but parents should recognize they're looking at estimates drawn from peer programs, not Drake's actual track record in placing graduates. If your child is set on International Relations, have frank conversations about career timelines and whether graduate school factors into the plan—because $37,000 starting salaries often mean extended financial dependence while building relevant experience in competitive fields like foreign service or intelligence work.
Where Drake University Stands
Earnings vs. debt across all international relations and national security studies bachelors's programs nationally
Compare to Similar Programs in Iowa
International Relations and National Security Studies bachelors's programs at peer institutions in Iowa (8 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $49,944 | $37,198* | — | $21,500* | — | |
| $10,964 | $36,376* | $57,275 | $26,030* | 0.72 | |
| National Median | — | $37,198* | — | $21,634* | 0.58 |
Career Paths
Occupations commonly associated with international relations and national security studies graduates
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Drake University, approximately 21% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 106 similar programs. Actual outcomes may vary.