
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
N/A or test-optional
SAT Score Range (M+R)
Test-optional / N/A
ACT Score Range
22 – 29
SAT Score (Math + Reading)
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