Median Earnings (1yr)
$75,533
53rd percentile
60th percentile in Iowa
Median Debt
$27,000
At national median

Analysis

Luther College nursing graduates start strong with first-year earnings of $75,533โ€”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

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$75,533$65,542-13%
Graceland University-Lamoni$66,955$79,605+19%
Morningside University$68,397$69,470+2%
Upper Iowa University$70,224$68,477-2%
Coe College$67,769$66,175-2%

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)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Luther CollegeDecorah$50,320$75,533$65,542$27,0000.36
Dordt UniversitySioux Center$35,960$71,680$64,987$24,5000.34
Northwestern CollegeOrange City$35,300$71,479โ€”$27,0000.38
St Luke's CollegeSioux City$20,940$71,064โ€”$29,0000.41
Upper Iowa UniversityFayette$19,000$70,224$68,477$35,0040.50
University of IowaIowa City$10,964$69,368$64,690$24,8110.36
National Medianโ€”$74,888โ€”$27,0000.36

Career Paths

Occupations commonly associated with registered nursing, nursing administration, nursing research and clinical nursing graduates

Nurse Anesthetists

Administer anesthesia, monitor patient's vital signs, and oversee patient recovery from anesthesia. May assist anesthesiologists, surgeons, other physicians, or dentists. Must be registered nurses who have specialized graduate education.

$132,050/yrJobs growth:Master's degree

Nurse Midwives

Diagnose and coordinate all aspects of the birthing process, either independently or as part of a healthcare team. May provide well-woman gynecological care. Must have specialized, graduate nursing education.

$132,050/yrJobs growth:Master's degree

Nurse Practitioners

Diagnose and treat acute, episodic, or chronic illness, independently or as part of a healthcare team. May focus on health promotion and disease prevention. May order, perform, or interpret diagnostic tests such as lab work and x rays. May prescribe medication. Must be registered nurses who have specialized graduate education.

$132,050/yrJobs growth:Master's degree

Medical and Health Services Managers

Plan, direct, or coordinate medical and health services in hospitals, clinics, managed care organizations, public health agencies, or similar organizations.

$117,960/yrJobs growth:Bachelor's degree

Registered Nurses

Assess patient health problems and needs, develop and implement nursing care plans, and maintain medical records. Administer nursing care to ill, injured, convalescent, or disabled patients. May advise patients on health maintenance and disease prevention or provide case management. Licensing or registration required.

$93,600/yrJobs growth:Bachelor's degree

Acute Care Nurses

Provide advanced nursing care for patients with acute conditions such as heart attacks, respiratory distress syndrome, or shock. May care for pre- and post-operative patients or perform advanced, invasive diagnostic or therapeutic procedures.

$93,600/yrJobs growth:Bachelor's degree

Advanced Practice Psychiatric Nurses

Assess, diagnose, and treat individuals and families with mental health or substance use disorders or the potential for such disorders. Apply therapeutic activities, including the prescription of medication, per state regulations, and the administration of psychotherapy.

$93,600/yrJobs growth:Bachelor's degree

Critical Care Nurses

Provide specialized nursing care for patients in critical or coronary care units.

$93,600/yrJobs growth:Bachelor's degree

Clinical Nurse Specialists

Direct nursing staff in the provision of patient care in a clinical practice setting, such as a hospital, hospice, clinic, or home. Ensure adherence to established clinical policies, protocols, regulations, and standards.

$93,600/yrJobs growth:Bachelor's degree

Nursing Instructors and Teachers, Postsecondary

Demonstrate and teach patient care in classroom and clinical units to nursing students. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs 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 50 graduates with debt data. Small samples may not be representative.