Median Earnings (1yr)
$75,533
53rd percentile (60th in IA)
Median Debt
$27,000
At national median
Debt-to-Earnings
0.36
Manageable
Sample Size
57
Adequate data

Analysis

Luther College nursing graduates start strong with first-year earnings of $75,533—above both the national median and notably higher than Iowa's typical $67,362. Among Iowa's 19 nursing programs, this lands in the 60th percentile, positioning it as a solid mid-tier option in a state where nursing salaries tend to run below national averages.

The concern here is what happens next: by year four, median earnings drop to $65,542, a 13% decline that's unusual in nursing where experience typically commands higher pay. This could reflect graduates moving into different roles, changing employers, or shifting to part-time work, but it creates uncertainty about the typical career trajectory. The $27,000 debt load remains manageable at a 0.36 ratio to first-year earnings, matching both state and national medians exactly.

For Iowa families, Luther offers competitive early outcomes in a profession with strong job security. The initial salary justifies the debt, and the program performs better than two-thirds of other nursing schools in the state. However, parents should understand that the earnings trajectory doesn't follow nursing's usual upward pattern, which may matter if planning around future earning potential rather than just starting salary.

Where Luther College Stands

Earnings vs. debt across all registered nursing, nursing administration, nursing research and clinical nursing bachelors's programs nationally

Luther CollegeOther registered nursing, nursing administration, nursing research and clinical nursing programs

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 $76k, placing them in the 53th percentile of all registered nursing, nursing administration, nursing research and clinical nursing 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

Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing bachelors's programs at peer institutions in Iowa (19 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Luther College$75,533$65,542$27,0000.36
Dordt University$71,680$64,987$24,5000.34
Northwestern College$71,479$27,0000.38
St Luke's College$71,064$29,0000.41
Upper Iowa University$70,224$68,477$35,0040.50
University of Iowa$69,368$64,690$24,8110.36
National Median$74,888$27,0000.36

Other Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing Programs in Iowa

Compare tuition, earnings, and debt across Iowa schools

SchoolIn-State TuitionEarnings (1yr)Debt
Dordt University
Sioux Center
$35,960$71,680$24,500
Northwestern College
Orange City
$35,300$71,479$27,000
St Luke's College
Sioux City
$20,940$71,064$29,000
Upper Iowa University
Fayette
$19,000$70,224$35,004
University of Iowa
Iowa City
$10,964$69,368$24,811

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 50 graduates with debt data. Small samples may not be representative.