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Luther College

  • Decorah, IA
  • Size: Small
  • Private University
  • Degree: Four-year bachelor's
  • Selectivity: Minimally selective
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Average Net Price

Net price is what you’ll pay after subtracting scholarships and grants. For a more specific figure, based on your family’s finances, go to the college’s Net Price Calculator.

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National Average Net Price

College's Average Net Price [i]
$23,284

National Average Net Price
$18,158

  • College's Average Net Price
  • National Average Net Price

Family income under $30,000 per year

$17,054
$15,268

Family income $30,001 to $48,000 per year

$17,862
$16,190

Family income $48,001 to $75,000 per year

$20,411
$18,815

Family income $75,001 to $110,000 per year

$23,906
$21,285

Family income over $110,001 per year

$27,103
$23,280

* Your preferences indicate that this matches your family income.

Average Net Price National Average Average Net Price
Family income under $30,000 per year $17,054 $15,268
Family income $30,001 to $48,000 per year $17,862 $16,190
Family income $48,001 to $75,000 per year $20,411 $18,815
Family income $75,001 to $110,000 per year $23,906 $21,285
Family income over $110,001 per year $27,103 $23,280

Graduation Rate

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Going to college means getting a degree. The graduation rate is a good indicator of how long it might take to earn that diploma.

An unknown percentage of students transfer to another college before graduating.

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Graduation Rate [i]
58.4%

National Average
33.3%

  • 4 Years
  • 6 Years

All Races

  • 58.4% Within
    4 Years
  • 69.3% Within
    6 Years

Asian

4 Years
60.0%

Black

4 Years 6 Years
36.4% 45.4%

Hispanic

4 Years 6 Years
61.5% 92.3%

White

4 Years 6 Years
59.3% 70.4%
  • 4 Years
  • 6 Years

All Races

  • 50.9% Within
    4 Years
  • 63.3% Within
    6 Years

Asian

4 Years
66.7%

Black

4 Years 6 Years
25.0% 37.5%

Hispanic

4 Years 6 Years
62.5% 100.0%

White

4 Years 6 Years
51.9% 64.1%
  • 4 Years
  • 6 Years

All Races

  • 64.1% Within
    4 Years
  • 74.0% Within
    6 Years

Asian

4 Years
57.1%

Black

4 Years
66.7%

Hispanic

4 Years 6 Years
60.0% 80.0%

White

4 Years 6 Years
64.8% 75.1%
4 Years 6 Years
All 58.4% 69.3%
Asian 60.0% 60.0%
Black 36.4% 45.4%
Hispanic 61.5% 92.3%
White 59.3% 70.4%
4 Years 6 Years
Male 50.9% 63.3%
Asian 66.7% 66.7%
Black 25.0% 37.5%
Hispanic 62.5% 100.0%
White 51.9% 64.1%
4 Years 6 Years
Female 64.1% 74.0%
Asian 57.1% 57.1%
Black 66.7% 66.7%
Hispanic 60.0% 80.0%
White 64.8% 75.1%

Debt Repayment & Earnings

Not all families need loans for college. For those that do, here is what the monthly payments might look like over 10 years compared with the graduate's average earnings.

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Debt at Graduation [i]
$24,000

National Average
$14,141

  • Monthly
  • Yearly
  • Income, Early Career
  • Estimated Debt Payments
  • National Average
  • National Default Rate 6.3%
$3,308
$276
Default Rate [i]: 1.3%
Luther College National Average
Income $3,308 $3,192
Debt Payments $276 $199
Default Rate 1.3% 6.3%