Median Earnings (1yr)
$45,691
79th percentile
60th percentile in Iowa
Median Debt
$27,000
4% above national median

Analysis

Luther College's teaching program outperforms national benchmarks significantly—landing in the 79th percentile nationally—but sits in the middle of Iowa's competitive teacher education landscape. Starting at $45,691, graduates earn more than the typical teacher education graduate nationwide ($41,809), though they trail programs at Morningside and Grand View within Iowa. The $27,000 median debt matches state averages and sits well below the national median, creating a reasonable debt-to-earnings ratio of 0.59 that most education graduates can manage.

The troubling pattern here is the earnings trajectory: graduates see their income drop 10% from year one to year four, falling to $40,953. This backward slide likely reflects Iowa's teacher salary structures and retention challenges rather than program quality, but it's a reality families need to price into their calculation. You're essentially paying for strong preparation and placement, then watching earnings stagnate or decline in the early career years—a dynamic common across teaching but worth noting when evaluating the investment.

For families committed to teaching in Iowa, Luther delivers solid preparation with manageable debt. The program places well initially, and the debt load won't become crushing even as salaries plateau. However, if your child is uncertain about teaching or considering moving to higher-paying states, that initial earnings advantage may not justify choosing Luther over Iowa's public university options that offer similar outcomes at potentially lower in-state costs.

Where Luther College Stands

Earnings vs. debt across all teacher education and professional development, specific levels and methods 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$45,691$40,953-10%
Drake University$41,630$46,094+11%
University of Iowa$45,015$45,931+2%
Wartburg College$44,999$45,894+2%
Grand View University$46,547$44,928-3%

Compare to Similar Programs in Iowa

Teacher Education and Professional Development, Specific Levels and Methods bachelors's programs at peer institutions in Iowa (27 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Luther CollegeDecorah$50,320$45,691$40,953$27,0000.59
Morningside UniversitySioux City$38,190$48,478$43,020$27,0000.56
Grand View UniversityDes Moines$33,450$46,547$44,928$27,0000.58
Iowa State UniversityAmes$10,497$45,512$44,376$25,0000.55
University of IowaIowa City$10,964$45,015$45,931$27,0000.60
Wartburg CollegeWaverly$51,040$44,999$45,894$25,7570.57
National Median$41,809$26,0000.62

Career Paths

Occupations commonly associated with teacher education and professional development, specific levels and methods graduates

Education Teachers, Postsecondary

Teach courses pertaining to education, such as counseling, curriculum, guidance, instruction, teacher education, and teaching English as a second language. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Training and Development Specialists

Design or conduct work-related training and development programs to improve individual skills or organizational performance. May analyze organizational training needs or evaluate training effectiveness.

$65,850/yrJobs growth:Bachelor's degree

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

Middle School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the middle, intermediate, or junior high school level.

$62,970/yrJobs growth:Bachelor's degree

Kindergarten Teachers, Except Special Education

Teach academic and social skills to kindergarten students.

$62,310/yrJobs growth:Bachelor's degree

Elementary School Teachers, Except Special Education

Teach academic and social skills to students at the elementary school level.

$62,310/yrJobs growth:Bachelor's degree

Adult Basic Education, Adult Secondary Education, and English as a Second Language Instructors

Teach or instruct out-of-school youths and adults in basic education, literacy, or English as a Second Language classes, or in classes for earning a high school equivalency credential.

$59,950/yrJobs growth:Bachelor's degree

Preschool Teachers, Except Special Education

Instruct preschool-aged students, following curricula or lesson plans, in activities designed to promote social, physical, and intellectual growth.

$37,120/yrJobs growth:Associate's degree

Postsecondary Teachers, All Other

All postsecondary teachers not listed separately.

Self-Enrichment Teachers

Teach or instruct individuals or groups for the primary purpose of self-enrichment or recreation, rather than for an occupational objective, educational attainment, competition, or fitness.

Teachers and Instructors, All Other

All teachers and instructors not listed separately.

Teaching Assistants, Preschool, Elementary, Middle, and Secondary School, Except Special Education

Assist a preschool, elementary, middle, or secondary school teacher with instructional duties. Serve in a position for which a teacher has primary responsibility for the design and implementation of educational programs and services.

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 33 graduates with reported earnings and 30 graduates with debt data. Small samples may not be representative.