Luther College— Earnings & Cost Trends
Graduate Earnings
$59,850
in 2021+33% since 2008
Median Graduate Earnings Over Time
Net Price (Annual Cost) Over Time
Graduation Rate Over Time
Key Insights
- •Earnings grew 33% since 2008 — graduates are earning more over time
- •Net price increased 16% since 2010
- •Graduation rate declined by 2 percentage points since 1998
Year-by-Year Data
| Year | Earnings | Net Price | Grad Rate | Debt |
|---|---|---|---|---|
| 1998 | — | — | 73% | $12,938 |
| 1999 | — | — | 74% | $13,000 |
| 2000 | — | — | 77% | $13,602 |
| 2001 | — | — | 73% | $14,500 |
| 2002 | — | — | 72% | $15,614 |
| 2003 | — | — | 79% | $16,190 |
| 2004 | — | — | 79% | $15,313 |
| 2005 | — | — | 76% | $15,813 |
| 2006 | — | — | 75% | $16,500 |
| 2007 | — | — | 75% | $16,761 |
| 2008 | $45,100 | — | 74% | $17,125 |
| 2009 | — | — | 72% | $17,125 |
| 2010 | $44,200 | $19,894 | 76% | $18,768 |
| 2011 | — | $22,037 | 74% | $20,875 |
| 2012 | $42,500 | $22,573 | 69% | $23,000 |
| 2013 | $41,800 | $23,881 | 77% | $25,000 |
| 2014 | $43,500 | $24,238 | 76% | $26,250 |
| 2015 | $47,400 | $24,321 | 82% | $26,500 |
| 2016 | — | $24,974 | 77% | $26,408 |
| 2017 | — | $24,612 | 79% | $26,193 |
| 2018 | — | $25,273 | 80% | $25,250 |
| 2019 | — | $23,792 | 79% | $26,455 |
| 2020 | — | $23,620 | 75% | $23,250 |
| 2021 | $59,850 | $25,538 | 77% | $22,200 |
| 2022 | — | $25,291 | 73% | — |
| 2023 | — | $26,138 | 74% | — |
| 2024 | — | $25,635 | 75% | — |
| 2025 | — | $23,097 | 71% | — |