Compare the Drake University Value of an Education

Is Drake University Priced Well for its Value?

Use the value of an education from Drake to understand if you'll be paying a fair price for your degree.

Within Iowa, Drake University is Considered a Very High Quality College at an Average Price.

Drake University's overall average net price combined with a very high quality education, results in an average value for the money when compared to other colleges and universities in Iowa. This lands Drake University in the #14 slot on our ranking of Best Colleges for the Money in Iowa.

Nationally, This School is an Excellent Value

Drake University's emphasis on high quality education, combined with its overall low net price, delivers students a great value for the money. This earned Drake a #213 ranking on the Best Colleges for the Money list, when compared to other colleges and universities nationwide.

The following graphic shows how the cost of obtaining a degree at Drake University compares to other similar quality colleges nationwide.

Underpriced	Best	$117,613 - Wabash College $135,402 - Susquehanna University $138,916 - Drake University $141,724 - Washington & Jefferson College
	Good	$161,830 - University of Tulsa
Average	Fair	$164,335 - Indiana University - Bloomington $171,085 - University of California - Riverside $179,294 - Baylor University
	Low	$193,237 - University of Colorado Boulder $197,815 - University of San Diego $266,999 - Drexel University
Overpriced	Poor

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The Total Cost for Your Degree Will Be $138,916

On average, a bachelor's degree at Drake University will cost you about $138,916. This is based on an average price (with and without aid) of $33,733 per year and an average of 4.1 years to graduate.

	Amount
Average Yearly Cost	$33,733
Average Years to Graduate	4.1
Estimated Average Total Cost of Degree	$138,916

Many Factors Affect Net Price.

How does the location of this school affect cost? You can save money by going to a school in-state, living at home or living off-campus with a roommate. Please see the net price page for additional factors, such as your family's income, that can influence the price you will pay for college.

Value Varies Depending on Financial Circumstance

The overall price of a college may vary greatly depending on your individual circumstances, thus affecting its value. Most students will not pay the full sticker price and few students fit perfectly into 'averages'. To get a sense of how value for your educational dollar might vary based on individual circumstances, look at the table below to determine your likely cost of a bachelor's degree at Drake University. Now compare this value metric for each college you are interested in.

Nationwide Value by Aid Group	Avg Total Degree Cost	Affordability Rank	Value Grade
Students Receiving no Aid	$205,312	1,105	B+
All Students (With and Without Aid)	$138,916	969	A-
Only Students Receiving Aid	$134,678	1,134	B

In-State Value by Aid Group	Avg Total Degree Cost	Affordability Rank	Value Grade
Students Receiving no Aid	$205,312	26	B+
All Students (With and Without Aid)	$138,916	26	C
Only Students Receiving Aid	$134,678	29	C-

Note: the Value Grade for in-state students is calculated by looking only at other schools in the state of Iowa.

What is Value?

We calculate value by calculating average total cost (net price multiplied by time to graduation) and then compare that number to other schools of similar quality ranking. If the school is priced fairly based on the educational quality it receives a fair ranking. If it is underpriced it receives a good or excellent value.

Read the full methodology article for more.

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