Median Earnings (1yr)
$71,064
29th percentile (60th in IA)
Median Debt
$29,000
7% above national median
Debt-to-Earnings
0.41
Manageable
Sample Size
54
Adequate data

Analysis

St. Luke's College graduates earn less than the national nursing average but meaningfully outperform most Iowa programs. At $71,064 first-year earnings—ranking in the 60th percentile statewide—this places graduates ahead of even University of Iowa's nursing program and just below private schools like Northwestern and Dordt. The $29,000 debt load sits slightly above both national and state medians, but the 0.41 debt-to-earnings ratio remains manageable for a nursing career.

The real story here is regional context. While 29th percentile nationally might sound concerning, Iowa nursing salaries generally run below the national median of $74,888. Within that market, St. Luke's competes effectively. The college serves a substantial population of Pell Grant recipients (46%), suggesting it provides upward mobility for students who might not access higher-ranked programs. The moderate sample size of graduates reinforces that this is an established program with consistent outcomes.

For Iowa families, particularly those in the Sioux City area, this represents solid value. You're paying slightly more debt for outcomes that beat most in-state options, and graduates enter a profession with clear career progression. The earnings gap with national averages matters less if your child plans to work in the Midwest, where cost of living offsets lower salaries.

Where St Luke's College Stands

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

St Luke's 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 St Luke's College graduates compare to all programs nationally

St Luke's College graduates earn $71k, placing them in the 29th percentile of all registered nursing, nursing administration, nursing research and clinical nursing bachelors programs nationally.

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
St Luke's College$71,064—$29,0000.41
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
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
Luther College
Decorah
$50,320$75,533$27,000
Dordt University
Sioux Center
$35,960$71,680$24,500
Northwestern College
Orange City
$35,300$71,479$27,000
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 St Luke's College, approximately 46% 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 54 graduates with reported earnings and 61 graduates with debt data. Small samples may not be representative.