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75.3%Acceptance
$50,320Tuition
1,454Students
75%Grad Rate (6-yr)
$59,850Earnings
Private nonprofit4-yearSAT/ACT Test OptionalLiberal ArtsNCAA Division IIIStudy AbroadData: 2023-24Evangelical Lutheran

Student Outcomes

Graduation Rate (4-year)
74.6%
Graduation Rate (6-year)
75.0%
Retention Rate
79.3%
Median Earnings (10 years after entry)
$59,850
Median Debt at Graduation
$27,000
Student-to-Faculty Ratio
10:1
Loan Repayment Rate
82.6%
Estimated Monthly Loan Payment
$286/mo

Earnings by Major

Top programs ranked by median earnings

Earnings and debt by program
Program Level Median Earnings Median Debt
Computer Science. Bachelor $75,518 $27,000
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. Bachelor $65,441 $27,000
Accounting and Related Services. Bachelor $56,641 $27,000
Economics. Bachelor $52,107
Business Administration, Management and Operations. Bachelor $45,175 $27,000
Mathematics. Bachelor $43,426
Health and Physical Education/Fitness. Bachelor $39,927 $27,000
Teacher Education and Professional Development, Specific Levels and Methods. Bachelor $38,559 $27,000
Communication and Media Studies. Bachelor $36,848 $27,000
Music. Bachelor $36,220 $27,000
Liberal Arts and Sciences, General Studies and Humanities. Bachelor $35,401 $27,000
Health Services/Allied Health/Health Sciences, General. Bachelor $34,847
Social Work. Bachelor $32,925 $27,000
Romance Languages, Literatures, and Linguistics. Bachelor $30,771 $27,000
Political Science and Government. Bachelor $29,685 $27,000

Outcomes Overview

Luther graduates enter the workforce with a manageable debt burden of $27,000, creating a debt-to-earnings ratio of 0.45 against median earnings of $59,850 ten years out. Monthly loan payments of $286 consume about 5.7% of typical graduate income, well below the recommended 10% threshold. The college's strong music program feeds graduates into education, performance, and arts administration careers. With 96.6% of graduates employed and starting salaries around $42,759, Luther students see steady income growth over their first decade. The 82.6% loan repayment rate reflects graduates' ability to service their debt. Given the reasonable debt levels and solid employment outcomes, Luther offers a strong return on investment.