Median Earnings (1yr)
$45,691
79th percentile (60th in IA)
Median Debt
$27,000
4% above national median
Debt-to-Earnings
0.59
Manageable
Sample Size
33
Adequate data

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

Luther CollegeOther teacher education and professional development, specific levels and methods 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 $46k, placing them in the 79th percentile of all teacher education and professional development, specific levels and methods 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

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

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Luther College$45,691$40,953$27,0000.59
Morningside University$48,478$43,020$27,0000.56
Grand View University$46,547$44,928$27,0000.58
Iowa State University$45,512$44,376$25,0000.55
University of Iowa$45,015$45,931$27,0000.60
Wartburg College$44,999$45,894$25,7570.57
National Median$41,809—$26,0000.62

Other Teacher Education and Professional Development, Specific Levels and Methods Programs in Iowa

Compare tuition, earnings, and debt across Iowa schools

SchoolIn-State TuitionEarnings (1yr)Debt
Morningside University
Sioux City
$38,190$48,478$27,000
Grand View University
Des Moines
$33,450$46,547$27,000
Iowa State University
Ames
$10,497$45,512$25,000
University of Iowa
Iowa City
$10,964$45,015$27,000
Wartburg College
Waverly
$51,040$44,999$25,757

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.