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Wartburg College

Waverly, IA
privateWebsite
28
Value
Median Earnings (10yr)
$56,201
+4% vs average
Net Price / Year
$32,908
+61% vs average
Graduation Rate
66%
Payback Period
2.3 years
Median Debt
$27,000
Student Body
1,452

Wartburg College — Earnings vs Cost (vs National Average)

Admission Rate
76%

Wartburg College at a Glance

Wartburg College is a private Lutheran liberal arts college in Waverly, Iowa.

Founded

1852

174 years old

Endowment

$111M

$110.7 million (2025)

Students

1,563

Faculty

83

Campus

118 acres

Identity

Motto: Experience more.Athletics: KnightsColors: Orange and blackAffiliation: Evangelical Lutheran Church in AmericaPresident: Rebecca Ehretsman
Sources:Wikipedia

Is Wartburg College Worth It?

At a value score of 28/100, Wartburg College is a below-average value relative to its cost. Graduates earn $56,201 — 4% above average — while paying $32,908/year. Consider alternatives with better earnings-to-cost ratios.

With a 2.3-year payback period, most graduates recoup their total cost of attendance relatively quickly.

The 66% graduation rate means roughly 34% of students leave without a degree — taking on debt without the earnings boost that completion brings.

Bottom line: consider whether the specific program you're interested in at Wartburg College has outcomes that justify the cost — the institution-wide numbers suggest caution.

How Wartburg College compares to peer private nonprofit colleges of similar tier in IA

Ranked #110 of 170 on value score. Peers are matched by size, median earnings, SAT, and admission rate — not just geography.

RankCollegeValueNet price / yrMedian earnings
#1Andrews University73$12,547$53,187
#2Albion College61$14,301$58,799
#3Canisius University58$17,940$60,681
#4Clarkson College57$19,241$64,876
#5Goldey-Beacom College56$15,554$59,892
#6Ursuline College53$16,164$56,878
#110Wartburg College28$32,908$56,201

Peer group: private nonprofit colleges within ±60% of Wartburg College's student body size and within a similar academic tier (SAT ±80, admit rate ±10pp, median earnings ±25%). 8 in IA.

Best Programs at Wartburg College

The highest-earning program at Wartburg College is Accounting and Related Services at $53,600/year (4 years after graduation). The lowest is Social Work at $26,100/year.

Your major matters more than the school name — a Accounting and Related Services graduate from Wartburg College earns $53,600, while a Social Work graduate earns $26,100. That's more than a 2× difference from the same institution. Choose your program carefully — it's the single biggest lever you control.

Return on Investment

Estimated 4-Year Cost

$131,632

Based on $32,908/yr net price × 4 years

Earnings Premium

+4%

vs. national average of $53,787/yr

Payback Period

2.3 years

Time to recoup the total cost through higher earnings

10-Year Net Gain

$430,378

Median earnings over 10 years minus total cost of attendance

Programs & Earnings by Major

Graduate earnings data by field of study (4 years after graduation):

MajorEarnings (4yr)Earnings (1yr)Median Debt
Accounting and Related Services$53,600$53,600N/A
Business/Commerce, General$41,600$41,600$27,000
Teacher Education and Professional Development, Specific Subject Areas$39,800$39,800$26,500
Teacher Education and Professional Development, Specific Levels and Methods$38,500$38,500$27,000
Communication and Media Studies$33,700$33,700$27,000
Biology, General$31,500$31,500$27,000
Social Work$26,100$26,100$27,000

Quick Facts

Institution Type
private
Location
Waverly, IA
Student Body
1,452 students
Admission Rate
76%
Graduation Rate
66%
Net Price (Annual)
$32,908
Median Earnings (10yr)
$56,201
Median Student Debt
$27,000
Data from the U.S. Department of Education College Scorecard. Median earnings are measured 10 years after enrollment. Net price reflects average cost after grants and scholarships for students receiving federal financial aid. Value scores are calculated using our methodology.