by our College Data Analytics TeamIs Luther worth the money? College Factual’s value analysis weighs the quality of education against the cost. Here is the verdict.
Luther is ranked #2,398 out of 3,211 schools for value nationwide, earning a value grade of F. Within Iowa, it ranks #47 of 48 for value.
Among the majors Luther offers, these rank best for value nationally.
| Major | National Value Rank |
|---|---|
| Music Pedagogy | #38 of 52 |
| Psychology | #70 of 109 |
| Performing Arts | #81 of 188 |
| Economics | #93 of 126 |
| Bachelor's Degree | #144 of 185 |
| Business Information Systems | #178 of 243 |
| General Music | #249 of 311 |
| Environment / Natural Resources | #262 of 371 |
| Music | #279 of 362 |
| Social Work | #390 of 433 |
Read the full Luther value report below — how it ranks within its state, how it ranks nationwide, what a degree actually costs, and whether it makes financial sense.
Luther College is ranked #6 out of #51 in Iowa for quality and #47 out of #48 for Iowa value.
Do you qualify for in-state tuition? Check the Luther financial aid page to be sure.
Luther College is ranked #2,398 out of 3,211 for value nationwide.
Based on our analysis of other colleges at similar price points, Luther College is overpriced for the quality of education it provides.
Averaged across all students — those who receive aid and those who pay full price — a year at Luther costs about $23,520. Over a standard four-year bachelor's program, that adds up to an estimated $94,081 for the degree.
| Amount | |
|---|---|
| Sticker Price (before aid) | $65,428 / year |
| Net Price (students receiving aid) | $23,097 / year |
| Average Cost (all students) | $23,520 / year |
| Estimated 4-Year Cost | $94,081 |
*The average cost weights the net price paid by aid recipients against the sticker price paid by everyone else. The 4-year figure assumes the standard bachelor's length; your actual time to graduate and price may differ.
There are many ways to lower the cost of a college education. Consider in-state tuition, transfer credits, or finishing your degree faster. Learn more about Luther net price and the factors that affect it.
The price you actually pay depends on your circumstances — most students do not pay the full sticker price.
Here is how the estimated 4-year cost of a Luther degree breaks down by aid group, against its national value ranking.
| Nationwide Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with No Aid | $261,712 | — | — |
| All Students | $94,081 | #2,398 | F |
| Only Students Receiving Aid | $92,388 | — | — |
| In-State Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with No Aid | $261,712 | — | — |
| All Students | $94,081 | #47 | F |
| Only Students Receiving Aid | $92,388 | — | — |
*College Factual publishes a single overall value ranking (the All Students row). The cost rows show what each aid group pays toward the same degree.
You can also see how the average net price at Luther shifts with family income:
| Family Income | Avg Net Price / Year |
|---|---|
| $0–$30K | $16,937 |
| $30K–$48K | $17,977 |
| $48K–$75K | $22,180 |
| $75K–$110K | $25,995 |
| Over $110K | $31,047 |
About 99% of Luther undergraduates receive grant or scholarship aid, averaging $37,459 per year. Get more details on the Luther financial aid you may qualify for.
College Factual calculates value by comparing the average Luther cost of a degree against other schools of a similar quality. If the school is priced fairly for the educational quality it provides, it receives a fair ranking; if it is underpriced, it earns a good or excellent value.
Read the full Best for the Money Ranking Methodology.