At $15,975/yr net price, Graceland University-Lamoni graduates earn $47,361/yr within 10 years of enrollment, which is $13,361/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $15,975 |
| Estimated 4-Year Cost | $63,900 |
| Median Earnings (10yr post-entry) | $47,361/yr |
| Earnings Premium vs. HS Diploma | +$13,361/yr |
| Estimated Break-Even | 4.8 years |
| Graduation Rate (6-year) | 38.3% |
| Median Debt at Graduation | $21,212 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $14,414/yr |
| $30,001 - $48,000 | $15,979/yr |
| $48,001 - $75,000 | $14,173/yr |
| $75,001 - $110,000 | $17,970/yr |
| $110,001+ | $19,613/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Certificate | $122,038 | |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Master | $102,149 | $53,964 |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Bachelor | $63,005 | $20,313 |
| Education, Other. | Master | $52,107 | $16,683 |
| Business Administration, Management and Operations. | Bachelor | $36,132 | $22,742 |
| Liberal Arts and Sciences, General Studies and Humanities. | Bachelor | $33,993 | |
| Teacher Education and Professional Development, Specific Levels and Methods. | Bachelor | $30,460 | $24,998 |
| Health and Physical Education/Fitness. | Bachelor | $29,685 | $25,791 |
The Risk Factor
38.3% of students at Graceland University-Lamoni graduate within 6 years. Fewer than half of students complete their degree. If you don't graduate, the financial investment may not pay off.
Analysis
Graceland University-Lamoni delivers strong financial returns for nursing students but struggles across most other programs. Your career path determines whether this school makes financial sense.
The nursing program stands out with graduates earning over $100,000 annually, making it one of Iowa's better nursing investments despite higher debt loads. Education majors also see decent returns at $52,107 with manageable debt of $16,683. However, business administration graduates earn just $36,132 while carrying $22,742 in debt, creating a concerning debt-to-income ratio.
The 38% graduation rate poses the biggest financial risk. You face better than even odds of leaving without a degree while still owing money. The 64% retention rate suggests many students realize early that Graceland isn't working for them.
Graceland works financially if you're committed to nursing or education and can handle the academic demands. The small size means more support, but you need that support to actually graduate. Skip this school if you're considering business or undecided about your major, as the limited program options and weak business outcomes don't justify the cost.
The $15,975 net price looks reasonable, but only 45% of students receive aid, suggesting merit scholarships target specific students rather than broad affordability. Your financial aid package will likely depend heavily on your intended major and academic profile. Focus your application on nursing or education programs where the school shows clear value.
Frequently Asked Questions
Is Graceland University-Lamoni worth the cost?
Graceland University-Lamoni offers mixed value depending on your major. Nursing graduates earn strong salaries ($63,000-$122,000), but other programs show weaker returns with 10-year median earnings of just $47,361.
What is the ROI for Graceland University-Lamoni graduates?
The ROI varies dramatically by program at Graceland University-Lamoni. Nursing students see solid returns, while business majors average only $36,132 after 10 years despite similar debt loads.
How much debt do Graceland University-Lamoni students graduate with?
Graceland University-Lamoni graduates carry a median debt of $21,212. With the low 38% graduation rate, many students leave with debt but no degree.
Which majors at Graceland University-Lamoni have the best job prospects?
Nursing programs at Graceland University-Lamoni offer the strongest career outcomes, with graduates earning $63,000 to $122,000. Education and business majors face much lower earning potential.