Analysis
Luther College's computer science program starts graduates below both national and Iowa medians at $63,760, but delivers impressive earnings growthβjumping 58% to reach $100,968 by year four. While first-year earnings land in the 40th percentile among Iowa CS programs (below Iowa State, Grinnell, and Simpson), graduates who stick with tech careers appear to catch up substantially. The $27,000 debt load is manageable, translating to a 0.42 debt-to-earnings ratio that's below the national median debt for CS programs.
The caveat here matters: with fewer than 30 graduates in the sample, these figures could shift considerably year to year. That said, the trajectory suggests Luther's liberal arts approach may produce graduates who grow into higher-value roles over time, even if they don't land the highest-paying positions immediately. The 73% admission rate and modest test scores indicate this isn't competing with Iowa's most selective programs for top CS talent, yet outcomes remain solid for students willing to play the longer game in their careers.
Where Luther College Stands
Earnings vs. debt across all computer science bachelors's programs nationally
Earnings Distribution
How Luther College graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Luther College | $63,760 | $100,968 | +58% |
| Harvard University | $152,251 | $256,539 | +68% |
| Grinnell College | $84,449 | $106,113 | +26% |
| Iowa State University | $78,517 | $94,712 | +21% |
| University of Northern Iowa | $65,960 | $80,228 | +22% |
Compare to Similar Programs in Iowa
Computer Science bachelors's programs at peer institutions in Iowa (19 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $50,320 | $63,760 | $100,968 | $27,000 | 0.42 | |
| $64,862 | $84,449 | $106,113 | $16,375 | 0.19 | |
| $10,497 | $78,517 | $94,712 | $24,663 | 0.31 | |
| $46,212 | $70,950 | β | $25,000 | 0.35 | |
| $9,728 | $65,960 | $80,228 | $26,200 | 0.40 | |
| National Median | β | $70,950 | β | $23,374 | 0.33 |
Career Paths
Occupations commonly associated with computer science graduates
Computer and Information Systems Managers
Computer and Information Research Scientists
Software Developers
Software Quality Assurance Analysts and Testers
Information Security Analysts
Database Architects
Data Warehousing Specialists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Computer Programmers
Web Developers
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 Luther College, approximately 19% 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.
Sample Size: Based on 26 graduates with reported earnings and 26 graduates with debt data. Small samples may not be representative.