Decorah, IA · Private Nonprofit

Luther College Cost, Tuition and Student Budget 2026

Luther College cost profile summarizes tuition, total annual cost, average net price, student debt, median earnings, graduation outcomes, and value signals for 2026 budget-focused university comparison.

Budget Snapshot Moderate value signal Value Score:
Total Cost$65,461
Net Price$23,097
Median Earnings$59,850
Graduation Rate71.1%
Median Debt$22,200
Admission Rate71.5%
Student Count1,379
SAT Average1,218

Luther College Student Budget Calculator 2026

Estimate how much money you may still need per year using this university's reported cost data plus your grants, family support, savings, work income, and student loans.

Estimated annual cost $23,097
Money available $0
Still needed per year $23,097
Monthly gap $1,925

Four-year projection: about $92,388 still needed over four years if the same gap repeats.

Loan projection: borrowing $0 per year equals about $0 over four years, compared with reported median debt of $22,200.

This calculator is an estimate. Actual aid, housing, residency status, program fees, family income, and borrowing limits can change the final budget.

University Cost and Earnings View

Money Profile

Median earnings$59,850Total cost$65,461Net price$23,097Median debt$22,200

Value Score Comparison

Luther College54.5Dataset avg54.3IA avg53.3
Median earnings7% better than dataset average
$59,850
Total annual cost51% weaker than dataset average
$65,461
Average net price8% weaker than dataset average
$23,097
Graduation rate14.3 percentage points better than dataset average
71.1%
Median debt37% weaker than dataset average
$22,200

How This University Cost Compares

Dataset Average

Value Score: 54.3

Net Price: $21,437

Earnings: $55,928

IA Average

Value Score: 53.3

Net Price: $22,358

Earnings: $54,789

Best Use of This Page

Compare this university against schools with similar location, type, net price, total cost, debt, and earnings. A high value score is useful, but graduation rate and debt should be read together with it.

Student Fit Signals

  • Affordability: Net price is $23,097, compared with reported total cost of $65,461.
  • Outcomes: Median earnings are $59,850 and the graduation rate is 71.1%.
  • Debt pressure: Median debt is $22,200, while the loan share is 64.8%.
  • Access profile: Admission rate is 71.5% and Pell Grant share is 20.4%.
Full University Cost Data Snapshot
School TypePrivate Nonprofit
LocationDecorah, IA
Admission Rate71.5%
In-State Tuition$52,120
Out-of-State Tuition$52,120
Total Cost$65,461
Net Price$23,097
Median Earnings$59,850
Graduation Rate71.1%
Median Debt$22,200
Pell Grant Share20.4%
Loan Share64.8%
Average Faculty Salary$8,115
Official WebsiteVisit website

Value Score Methodology

Value Score = earnings 23.9 + graduation 17.8 + net price 7.3 + total cost 1.8 + debt 3.7 = 54.5/100. Uses median earnings, graduation rate, net price, total cost, and median debt.

Earnings23.9$59,850 · max 40 pts
Graduation17.871.1% · max 25 pts
Net Price7.3$23,097 · max 15 pts
Total Cost1.8$65,461 · max 10 pts
Debt3.7$22,200 · max 10 pts

The score is a comparison signal on a 0-100 scale. It is not a guarantee of future salary, admission outcome, financial aid, or final student cost.