At $10,846/yr net price, Iowa Lakes Community College graduates earn $43,108/yr within 10 years of enrollment, which is $9,108/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $10,846 |
| Estimated 4-Year Cost | $43,384 |
| Median Earnings (10yr post-entry) | $43,108/yr |
| Earnings Premium vs. HS Diploma | +$9,108/yr |
| Estimated Break-Even | 4.8 years |
| Graduation Rate (6-year) | 25.8% |
| Median Debt at Graduation | $12,000 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $8,943/yr |
| $30,001 - $48,000 | $8,858/yr |
| $48,001 - $75,000 | $10,933/yr |
| $75,001 - $110,000 | $13,397/yr |
| $110,001+ | $13,429/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. | Associate | $46,869 | $20,426 |
| Vehicle Maintenance and Repair Technologies. | Associate | $33,993 | |
| Somatic Bodywork and Related Therapeutic Services. | Certificate | $24,035 | |
| Liberal Arts and Sciences, General Studies and Humanities. | Associate | $21,508 | $11,000 |
| Business Administration, Management and Operations. | Associate | $20,140 |
The Risk Factor
25.8% of students at Iowa Lakes Community College 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
Iowa Lakes Community College gives you a low-cost entry point with a modest payoff, and where you land depends heavily on your program. At about $11k a year in net price and $12,000 in median debt, the financial risk here is small compared to a four-year school. Median earnings ten years out sit near $43k, which is solid for a rural Iowa two-year college but not a ticket to high income.
Nursing is the clear winner. It pays roughly $47k, the top earnings of any program here, and it feeds directly into the regional healthcare demand across northwest Iowa. The catch is debt: nursing grads carry over $20k, nearly double the school's median, so the higher pay comes at a higher cost. Vehicle maintenance and repair lands around $34k and connects to steady local trade work.
The weaker bets are stark. Liberal arts, business administration, and somatic bodywork all report earnings in the low-to-mid $20k range. If you take one of these as a terminal associate degree, your paycheck may barely clear what you spent. These programs make more sense as a transfer step toward a bachelor's than as a final credential.
The graduation rate is the real concern. Only about a quarter of students finish, so the biggest risk here is paying for credits and leaving without a degree that lifts your earnings.
The net price tiers reward lower-income families: you pay under $9k if your family earns below $48k, but that climbs past $13k above $110k. This school fits you if you want nursing or a trade, or a cheap transfer launch. Look elsewhere if you want an associate degree in business or liberal arts to be your endpoint.
Frequently Asked Questions
Is Iowa Lakes Community College worth the cost?
Iowa Lakes Community College offers decent value for nursing students who graduate, but the extremely low 26% graduation rate means most students don't complete their programs. With a net price of $10,846 annually and median debt of $12,000, it's affordable if you finish.
What programs at Iowa Lakes Community College have the best ROI?
Registered nursing programs at Iowa Lakes Community College lead to the highest earnings at $46,869 annually, followed by vehicle maintenance programs at $33,993. Liberal arts and business programs result in much lower earnings around $20,000-21,000.
How much debt do Iowa Lakes Community College graduates have?
Iowa Lakes Community College graduates carry a median debt of $12,000, which is manageable compared to four-year schools. However, with earnings averaging $43,108 ten years after enrollment, debt-to-income ratios remain reasonable for completing students.
What is the graduation rate at Iowa Lakes Community College?
Only 26% of students graduate from Iowa Lakes Community College, which is well below average for community colleges. This low completion rate significantly impacts the school's overall value proposition despite affordable tuition.