Luther College Liberal Arts and General Studies (Bachelor's): Tuition, Graduate Salary, and Debt
- Bachelor's in Liberal Arts and Sciences, General Studies and Humanities
- Private nonprofit college
- Decorah, IA
College Scorecard June 2026 release · BLS wages May 2025
The short answer
Luther College liberal arts and general studies graduates earn more than graduates of most liberal arts and general studies programs nationally, $42,926 in their first year. The typical graduate leaves with $27,000 in federal loans, close to the national median of $27,000. One other Iowa program reports higher pay.
How it compares
Each figure is the median for graduates of the program. The Iowa and national columns are the medians across all liberal arts and general studies bachelor's programs that report the figure.
Five years out, Luther College graduates earn more than the national figure and about $9,613 more than the Iowa median.
Debt and first-year pay at every Iowa liberal arts and general studies program
Programs in the upper left give graduates higher pay for less debt. Dashed lines mark the Iowa medians.
Hover over or tap a dot to see the school. Only programs that report both earnings and debt are shown.
What graduates earn over time
Pay rises about 27% between the first and fifth year.
Year 1 and year 5 figures come from different graduating classes, so the growth rate is an estimate.
Does family income change the outcome?
Graduates who received Pell Grants, which go to students from lower-income families, earned $4,840 less in their first year than other graduates. Students who expect to rely on grants should weigh this gap.
Paying back the loans
On a standard 10-year plan, the median debt means a payment of about $286 a month, or 8.0% of a graduate's typical monthly pay in the first year.
The government publishes these as ranges to protect privacy. They were measured in 2018 to 2020, partly during the pandemic pause on federal loan payments, so the forbearance share may be higher than usual.
Where graduates work, and what the pay is worth
24% of graduates (127 of 519) were working in Iowa one year after graduating. Prices in the parts of Iowa outside metro areas are about 16% below the national average, so a $42,926 salary here buys what about $51,056 buys in a typical US city.
About Luther College
Liberal Arts and General Studies ranks 7th of 14 bachelor's programs at Luther College by first-year earnings. The top three are Nursing ($75,533), Computer Science ($63,760), and Accounting ($60,068).
Common questions
The median graduate earns $42,926 one year after graduating and $54,501 five years after. The median across liberal arts and general studies bachelor's programs in Iowa is $40,400.
The median federal loan balance is $27,000, which ranks 4th lowest of 6 liberal arts and general studies bachelor's programs in Iowa. That works out to about $286 a month over 10 years.
On the numbers, yes for most students. Debt equals 63% of first-year earnings, against a national median of 73%, and the share of borrowers in default two years into repayment is 2% or less.
Many leave. 24% (127 of 519) were working in Iowa one year after graduating.
About this data
- Earnings and debt only include students who received federal financial aid (grants or loans).
- Earnings only count graduates who were working and not enrolled in more school. Graduates who went straight to further study are not included.
- Debt only includes federal loans. Private loans and credit cards are not counted.
- Some schools with several campuses report one combined figure for all of them. We count each of those schools once, and leave them out of Iowa comparisons when their main campus is in another state.
- Scorecard figures describe graduating classes from several years ago. BLS wages are from May 2025.
- School-level numbers like tuition, admission rate, and graduation rate are for the whole school, not the liberal arts and general studies program.
Sources
- U.S. Department of Education, College Scorecard, field of study and institution files, June 2026 release
- Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025
- Bureau of Labor Statistics, Employment Projections 2025 to 2035
- Bureau of Economic Analysis, Regional Price Parities, 2024
- NCES, CIP 2020 to SOC 2018 crosswalk, and IPEDS institution directory, 2024