Median Earnings (1yr)
$45,367
95th percentile
80th percentile in Iowa
Median Debt
$27,000
4% above national median

Analysis

Luther College's music program stands out dramatically in a field known for modest earnings. At $45,367 in first-year earnings, graduates earn 74% more than the national median for music majors and rank in the 95th percentile nationally. Within Iowa, where the program landscape is more competitive, Luther still outperforms the state median by 27% and ranks in the 80th percentile—notably exceeding even the University of Iowa's well-regarded program.

The $27,000 median debt sits right at Iowa's state median and is actually below the national benchmark, creating a debt-to-earnings ratio of 0.60 that's quite manageable for a performing arts degree. This is the kind of debt load that won't derail career flexibility, particularly important in music where graduate school or portfolio-building opportunities often matter. The slight earnings dip by year four (down 2%) likely reflects the reality that some graduates pursue additional training or freelance work rather than any fundamental weakness in preparation.

For families worried about the classic "starving artist" scenario, Luther's track record suggests their music graduates are finding actual employment in the field or leveraging their training into viable careers. The combination of strong earning power and reasonable debt makes this one of the safer bets in music education, particularly if your child is serious about the discipline and benefits from Luther's smaller program environment.

Where Luther College Stands

Earnings vs. debt across all music 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

School1 Year4 YearsGrowth
Luther College$45,367$44,566-2%
University of North Carolina at Chapel Hill$32,880$57,343+74%
University of Houston$52,799$55,639+5%
University of Iowa$39,121$39,491+1%
University of Northern Iowa$32,175$33,150+3%

Compare to Similar Programs in Iowa

Music bachelors's programs at peer institutions in Iowa (24 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Luther CollegeDecorah$50,320$45,367$44,566$27,0000.60
University of IowaIowa City$10,964$39,121$39,491$27,7830.71
University of Northern IowaCedar Falls$9,728$32,175$33,150$19,5000.61
Coe CollegeCedar Rapids$52,576$24,233
National Median$26,036$26,0001.00

Career Paths

Occupations commonly associated with music graduates

Art, Drama, and Music Teachers, Postsecondary

Teach courses in drama, music, and the arts including fine and applied art, such as painting and sculpture, or design and crafts. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree

Music Directors and Composers

Conduct, direct, plan, and lead instrumental or vocal performances by musical artists or groups, such as orchestras, bands, choirs, and glee clubs; or create original works of music.

$63,670/yrJobs growth:Bachelor's degree

Sound Engineering Technicians

Assemble and operate equipment to record, synchronize, mix, edit, or reproduce sound, including music, voices, or sound effects, for theater, video, film, television, podcasts, sporting events, and other productions.

$56,600/yrJobs growth:

Musicians and Singers

Play one or more musical instruments or sing. May perform on stage, for broadcasting, or for sound or video recording.

Jobs growth:No formal educational credential

Disc Jockeys, Except Radio

Play prerecorded music for live audiences at venues or events such as clubs, parties, or wedding receptions. May use techniques such as mixing, cutting, or sampling to manipulate recordings. May also perform as emcee (master of ceremonies).

Jobs growth:
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 57 graduates with reported earnings and 81 graduates with debt data. Small samples may not be representative.