
Open Admissions
Graduation
Luther College is a private, non-profit four-year institution located in Decorah, Iowa. With an enrollment of approximately 1,454 undergraduate students, it is a small institution. With an acceptance rate of 73%, the institution maintains an accessible admissions process. The graduation rate stands at a strong 75%. Graduates earn a median salary of $59,850 within 10 years of enrollment. After financial aid, the average student pays a net price of $25,635 per year.
Acceptance Rate
73%
Class of 2026 data
Graduation Rate
75%
Enrollment
1,454
Total students
Median Earnings
$59,850
10 yrs after entry
In-State Tuition
$50,320
Per year
Out-of-State Tuition
$50,320
Per year
Average Net Price
$25,635
After aid (avg)
SAT Range (M+R)
1098–1336
25th–75th percentile
ACT Score Range
22 – 29
SAT Score (Math + Reading)
25th
1098
Median
1234
75th
1336
SAT Math
25th
548
Median
624
75th
668
ACT Composite
25th
22
Median
26
75th
29
What most students actually pay
Return on Investment
Below Avg4-Year Cost
$102,540
10-Year Earnings
$598,500
ROI Multiple
5.8×
Based on avg net price × 4 years vs. median earnings × 10 years after enrollment
Graduation Rate
Above national average
Median Earnings
10 years after enrollment
Total Enrollment
Undergraduate students