Liberal Arts and Sciences, General Studies and Humanities at Luther College
Bachelor's Degree
Analysis
Luther College's Liberal Arts program delivers surprisingly strong financial outcomes that should ease concerns about the practicality of a humanities degree. With first-year earnings of $42,926, graduates earn 18% more than the national average for liberal arts programs and rank in the 81st percentile nationally—meaning this program outperforms roughly 4 out of 5 similar programs across the country. Within Iowa, it holds the top spot among major universities, beating out even the flagship University of Iowa.
The debt picture is reasonable at $27,000, creating a manageable debt-to-earnings ratio of 0.63. This means graduates earn enough in their first year to cover their debt burden in about 7.5 months of gross income. While earnings growth is modest at 8% over four years, the strong starting salary provides a solid foundation. The robust sample size of 100+ graduates gives confidence these numbers reflect real outcomes rather than statistical noise.
For anxious parents worried about their child majoring in liberal arts, Luther College offers compelling evidence that a quality education in the humanities can translate to financial stability. The combination of above-average earnings, manageable debt, and the college's strong academic profile (1238 average SAT) suggests this program successfully prepares graduates for careers that value critical thinking and communication skills.
Where Luther College Stands
Earnings vs. debt across all liberal arts and sciences, general studies and humanities bachelors's programs nationally
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Luther College graduates compare to all programs nationally
Luther College graduates earn $43k, placing them in the 81th percentile of all liberal arts and sciences, general studies and humanities bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in Iowa
Liberal Arts and Sciences, General Studies and Humanities bachelors's programs at peer institutions in Iowa (23 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Luther College | $42,926 | $46,160 | $27,000 | 0.63 |
| Simpson College | $43,635 | — | $27,000 | 0.62 |
| University of Iowa | $40,791 | $50,705 | $25,269 | 0.62 |
| University of Northern Iowa | $40,009 | $35,027 | $26,400 | 0.66 |
| Grand View University | $39,996 | $45,838 | $25,973 | 0.65 |
| Iowa State University | $36,532 | $36,326 | $28,623 | 0.78 |
| National Median | $36,340 | — | $27,000 | 0.74 |
Other Liberal Arts and Sciences, General Studies and Humanities Programs in Iowa
Compare tuition, earnings, and debt across Iowa schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Simpson College Indianola | $46,212 | $43,635 | $27,000 |
| University of Iowa Iowa City | $10,964 | $40,791 | $25,269 |
| University of Northern Iowa Cedar Falls | $9,728 | $40,009 | $26,400 |
| Grand View University Des Moines | $33,450 | $39,996 | $25,973 |
| Iowa State University Ames | $10,497 | $36,532 | $28,623 |
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.