# Luther College: Liberal Arts / General Studies (bachelor's)

Decorah, IA. IPEDS 153834, CIP 24.01. Page: https://educationguide.com/colleges/luther-college/majors/liberal-arts-general-studies

## Graduate outcomes
- Median earnings 1 year after graduating: $42,926
- Median earnings 4 years after graduating: $54,821 (U.S. median for this major: $52,601 across 467 colleges)
- Median federal loan debt: $27,000 (U.S. median $27,000)
- Rank in IA: 5 of 8 colleges by 4-year earnings
- Versus the IA median for this major (8 colleges, $54,855): -$34
- Versus the U.S. median: +$2,220

## Cost to finish and years to pay back (EducationGuide calculation)
School-wide net price x 4.18 years (average time graduates took). Earnings gain = $54,821 minus $36,661 for high school graduates ages 25-34 in IA (Census ACS 2020-2024).

| Family income | Net price / yr | Cost to finish | Years to pay back |
|---|---|---|---|
| 0-30k | $12,517 | $52,321 | 2.9 years |
| 30-48k | $12,835 | $53,650 | 3.0 years |
| 48-75k | $19,351 | $80,887 | 4.5 years |
| 75-110k | $22,204 | $92,813 | 5.1 years |
| 110k+ | $29,376 | $122,792 | 6.8 years |

Method: https://educationguide.com/how-we-score#value

## Liberal Arts / General Studies at IA colleges
| College | Earnings 4 yrs | Median debt | Avg. net price | Graduation |
|---|---|---|---|---|
| Buena Vista University | $63,832 | not reported | $18,846 | 62% |
| University of Iowa | $61,200 | $25,269 | $22,531 | 75% |
| Grinnell College | $59,638 | not reported | $17,648 | 88% |
| Iowa State University | $54,889 | $28,623 | $18,589 | 75% |
| Luther College | $54,821 | $27,000 | $23,097 | 71% |
| University of Northern Iowa | $51,712 | $26,400 | $15,901 | 68% |
| Grand View University | $49,263 | $25,973 | $21,774 | 54% |
| Simpson College | $46,237 | $27,000 | $21,936 | 63% |

## Sources and years
- Earnings (4 yr): Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars; debt: NSLDS pooled AY2018-19, AY2019-20 cohort

Free to reuse with attribution: cite "EducationGuide.com" with a link to the page URL. Most figures are U.S. government data (public domain); loan default rates and athletics come from the Urban Institute Education Data Portal (ODC-By 1.0, attribution required) and founding years from Wikidata (CC0).
