Rankings / By State

Best Master's Programs in Iowa

By David Krug, Co-Founder, CollegeRanker · Updated 2026-05-31 · 29 schools · Agent Insights

Schools Analyzed

$54,495

Avg. Earnings (10yr)

60%

Avg. Graduation Rate

$22,134

Avg. Net Price

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When considering master's programs in Iowa, students and families are looking for schools that not only offer quality education but also deliver on post-graduation outcomes. With 29 programs to explore, the choices can feel overwhelming, but focusing on metrics like earnings and graduation rates can help clarify options. For instance, graduates from these programs earn an average of $54,495 annually.

The schools on this list excel in key areas that determine the success of their graduates. Metrics such as earnings, graduation rates, debt incurred, and overall mobility reveal how well each program prepares students for the workforce. The data below highlights schools that prioritize student success and provide a clearer path to financial stability after graduation.

For example, Grinnell College stands out with impressive earnings of $62,830 and an 88% graduation rate, but it comes with a net price of $17,648. In contrast, Iowa State University offers slightly higher earnings at $63,386, yet it has a lower graduation rate of 75% and a higher debt load of $22,869. This contrast in outcomes illustrates the trade-offs students face when choosing between these top programs.

Key Findings

Grinnell College graduates earn an average of $62,830 annually, with an impressive 88% graduation rate.

Iowa State University has a graduation rate of 75%, but graduates carry an average debt of $22,869.

Emmaus Bible College, while offering lower earnings at $42,631, has an 82% graduation rate and a lower net price of $13,186.

University of Northern Iowa graduates earn $55,177 on average, with a graduation rate of 68% and a net price of $15,901.

Quick Numbers

Schools ranked 29

Avg. earnings at 10yr $54,495

Avg. graduation rate 60%

Avg. net price $22,134

Avg. median debt $23,176

How We Ranked

Master's programs in Iowa ranked by graduate outcomes

Read our full methodology →

Earnings vs. Cost

Each dot is a ranked school. Up = higher earnings. Right = higher cost. Top-left is the best value.

Graduation Rates

Longer bars = higher graduation rate.

Top 3

Grinnell College

Grinnell, IA

Graduation88%

Earnings$62,830

Net Price$17,648

View full profile →

University of Iowa

Iowa City, IA

Graduation74%

Earnings$64,762

Net Price$22,531

View full profile →

University of Northern Iowa

Cedar Falls, IA

Graduation68%

Earnings$55,177

Net Price$15,901

View full profile →

Featured Programs From Accredited Schools

Accredited schools accepting applicants in this field.

Full Rankings

Grinnell College

Grinnell, IA · 1,729 students · Private nonprofit

Grinnell College, located in a picturesque Iowa town, is known for its strong commitment to academic rigor and student-centered education. With a graduation rate of 88%, this private nonprofit institution exemplifies a supportive learning environment that encourages students to explore their intellectual interests deeply.

15% accepted 88% graduate $62,830 earnings

Grinnell's full profile

University of Iowa

Iowa City, IA · 22,264 students · Public

The University of Iowa, situated in Iowa City, offers a rich blend of academic excellence and cultural experiences. With a diverse student body of 22,264, the university cultivates an inclusive atmosphere that encourages collaboration and creativity, reflected in its graduation rate of 74%.

84% accepted 74% graduate $64,762 earnings

University's full profile

University of Northern Iowa

Cedar Falls, IA · 7,529 students · Public

With a graduation rate of 68% and a welcoming acceptance rate of 93%, the University of Northern Iowa is a solid option for students looking for a supportive environment. Located in Cedar Falls, this public university has a reputation for helping students thrive academically and socially, fostering a strong sense of community among its 7,529 students.

93% accepted 68% graduate $55,177 earnings

University's full profile

Coe College

Cedar Rapids, IA · 1,164 students · Private nonprofit

Coe College in Cedar Rapids is a private nonprofit institution with a close-knit community of just 1,164 students, making it an ideal setting for those seeking personalized attention. With a graduation rate of 62%, this college emphasizes a well-rounded education and strong faculty support, encouraging students to engage deeply with their studies and campus life.

64% accepted 62% graduate $57,125 earnings

Drake University

Des Moines, IA · 2,543 students · Private nonprofit

Drake University in Des Moines is a well-regarded private nonprofit with a robust graduation rate of 76%. With 2,543 students, the atmosphere here balances a lively urban setting with a focus on academic excellence, making it attractive for those who are driven to succeed in their studies and careers.

64% accepted 76% graduate $71,901 earnings

Luther College

Decorah, IA · 1,379 students · Private nonprofit

With a median earnings figure of $59,850 a decade after graduation, Luther College in Decorah, IA, shows promise for those looking to turn their education into solid financial footing. The school has a 73% graduation rate, indicating that most students stay on track to earn their degrees, a crucial factor when weighing long-term success. The acceptance rate of 72% suggests an inclusive community that values diverse backgrounds and experiences, making it a welcoming option for many students.

72% accepted 73% graduate $59,850 earnings

Luther's full profile

Mount Mercy University

Cedar Rapids, IA · 1,107 students · Private nonprofit

Mount Mercy University, located in Cedar Rapids, serves a smaller body of just 1,107 students, which cultivates a close and supportive educational environment. Although it has a graduation rate of 57%, the university works hard to provide resources for students to succeed, making it a place where personalized attention matters.

83% accepted 57% graduate $60,787 earnings

Upper Iowa University

Fayette, IA · 1,994 students · Private nonprofit

With a 96% acceptance rate, Upper Iowa University is an accessible choice for many students looking to further their education. The Fayette campus serves nearly 2,000 students and emphasizes a supportive environment, which can be particularly beneficial for those seeking a community-focused college experience.

96% accepted 38% graduate $52,766 earnings

Cornell College

Mount Vernon, IA · 1,086 students · Private nonprofit

Cornell College in Mount Vernon, IA, creates a unique educational experience with its distinctive one-course-at-a-time academic schedule. This approach allows students to fully immerse themselves in each subject, contributing to a graduation rate of 67%. With a median earning potential of $53,460 a decade after graduation, students can expect a solid return on their investment in education while enjoying a rich campus life with about 1,086 peers.

80% accepted 67% graduate $53,460 earnings

Cornell's full profile

#10

Saint Ambrose University

Davenport, IA · 1,916 students · Private nonprofit

Saint Ambrose University in Davenport, IA, offers a diverse academic environment with 1,916 students enrolled. The school has a graduation rate of 62%, indicating room for improvement but also a commitment to helping students succeed. With median earnings of $59,531 after ten years, graduates can look forward to a solid income that reflects the value of their degrees in the job market.

77% accepted 62% graduate $59,531 earnings

Simpson College

Indianola, IA · 1,227 students · Private nonprofit

With a strong focus on community and personal growth, Simpson College in Indianola, Iowa, welcomes around 1,227 students into a nurturing environment. The school's commitment to student success is reflected in its 64% graduation rate, which indicates that a significant number of students find their path to completion here, preparing them for life after college.

86% accepted 64% graduate $59,274 earnings

Simpson's full profile

#12

Dordt University

Sioux Center, IA · 1,597 students · Private nonprofit

Located in Sioux Center, Dordt University has a strong focus on integrating faith and learning. With a graduation rate of 68%, students here often find a supportive community that encourages both academic and personal growth, fostering an environment where values and education go hand in hand.

68% accepted 68% graduate $52,559 earnings

Central College

Pella, IA · 1,070 students · Private nonprofit

Nestled in Pella, Iowa, Central College offers a close-knit atmosphere for its 1,070 students, fostering strong academic and social connections. With a graduation rate of 68%, students are likely to complete their degrees, benefiting from the school's dedicated faculty and engaging campus life that encourages personal and professional growth.

86% accepted 68% graduate $54,317 earnings

Central's full profile

#14

Loras College

Dubuque, IA · 1,083 students · Private nonprofit

Nestled in Dubuque, Loras College combines a strong liberal arts tradition with a commitment to personal growth and community engagement. With a graduation rate of 69%, students often benefit from close interactions with faculty and peers, creating a nurturing environment for both academic and personal development.

100% accepted 69% graduate $58,289 earnings

Grand View University

Des Moines, IA · 1,486 students · Private nonprofit

In the bustling city of Des Moines, Grand View University supports a diverse student body of 1,486 individuals, creating a vibrant campus life. While the graduation rate sits at 55%, many students find value in the range of programs and resources available, which can lead to fulfilling careers in various fields.

99% accepted 55% graduate $52,824 earnings

Iowa State University

Ames, IA · 25,367 students · Public

Iowa State University is a vibrant public institution located in Ames, where innovation and research thrive. With 25,367 students, the university fosters a diverse and dynamic campus life, providing ample opportunities for engagement in both academic and extracurricular activities, contributing to a graduation rate of 75%.

89% accepted 75% graduate $63,386 earnings

Northwestern College

Orange City, IA · 1,175 students · Private nonprofit

In the picturesque setting of Orange City, Northwestern College emphasizes a values-based education that prepares students for meaningful lives and careers. With a graduation rate of 65%, the college attracts students who thrive in a supportive community enriched by Christian values and rigorous academics.

80% accepted 65% graduate $49,802 earnings

Northwestern's full profile

#18

Buena Vista University

Storm Lake, IA · 1,366 students · Private nonprofit

Buena Vista University in Storm Lake is known for its commitment to experiential learning and community engagement. With a graduation rate of 54%, the university works to empower students through practical experiences, ensuring they are job-ready upon graduation.

78% accepted 54% graduate $49,156 earnings

Wartburg College

Waverly, IA · 1,452 students · Private nonprofit

Located in the charming town of Waverly, Wartburg College is known for its strong community and commitment to service. With a graduation rate of 66%, students here benefit from a tight-knit atmosphere and personalized attention, fostering both academic and personal success.

76% accepted 66% graduate $56,201 earnings

Wartburg's full profile

#20

Clarke University

Dubuque, IA · 742 students · Private nonprofit

With a welcoming campus in Dubuque, Iowa, Clarke University has a close-knit community of around 742 students. The school maintains a solid acceptance rate of 72%, making it accessible for many students who are eager to pursue higher education in a supportive environment. The graduation rate is 56%, which, while modest, reflects a commitment to helping students reach their academic goals amidst the challenges they may face.

72% accepted 56% graduate $55,396 earnings

Clarke's full profile

#21

Briar Cliff University

Sioux City, IA · 624 students · Private nonprofit

Nestled in Sioux City, Iowa, Briar Cliff University is home to about 624 students who benefit from a close community and personalized attention. Although the graduation rate is 48%, the university focuses on supporting its students through academic and extracurricular programs, helping them navigate their educational journey. The acceptance rate of 53% signals a welcoming environment for prospective students looking for a place to grow both personally and academically.

48% graduate $54,475 earnings

William Penn University

Oskaloosa, IA · 1,301 students · Private nonprofit

William Penn University in Oskaloosa, Iowa, caters to around 1,301 students, focusing on a holistic educational experience. Although the graduation rate is only 31%, the university promotes a nurturing environment where students can find their paths, suggesting a commitment to guiding individuals through their unique challenges. The acceptance rate of 52% indicates that the university is open to a variety of students who are looking for an inclusive academic community.

52% accepted 31% graduate $48,936 earnings

William's full profile

#23

Morningside University

Sioux City, IA · 1,163 students · Private nonprofit

Located in Sioux City, Iowa, Morningside University fosters an engaging campus environment for about 1,163 students. With a graduation rate of 52%, the university emphasizes student success and provides resources to help students complete their degrees. The 71% acceptance rate reflects a welcoming atmosphere for prospective students seeking a supportive community.

71% accepted 52% graduate $55,494 earnings

Morningside's full profile

#24

Faith Baptist Bible College and Theological Seminary

Ankeny, IA · 405 students · Private nonprofit

Faith Baptist Bible College and Theological Seminary may appeal to students seeking a faith-centered education in Ankeny, IA. With a smaller community of 405 students, the 64% graduation rate suggests that students benefit from a more personalized learning environment. The combination of faith-based teachings and academic pursuits can lead to a meaningful college experience for those who prioritize their spiritual development alongside their studies.

68% accepted 64% graduate $40,650 earnings

Graceland University-Lamoni

Lamoni, IA · 798 students · Private nonprofit

Graceland University in Lamoni, Iowa, may be a smaller institution with 798 students, but it offers a unique, intimate educational experience. However, the 40% graduation rate is a concern, suggesting that some students may struggle to complete their degrees. This environment can be beneficial for those looking for personalized attention and a close community, but it also highlights the importance of ensuring a good fit before enrolling.

81% accepted 40% graduate $47,361 earnings

Graceland's full profile

#26

Emmaus Bible College

Dubuque, IA · 224 students · Private nonprofit

Emmaus Bible College is a small, private nonprofit institution in Dubuque that focuses on integrating faith with education. With just 224 students and an 82% graduation rate, the college fosters a tight-knit community where students can grow both academically and spiritually, preparing them for meaningful careers.

60% accepted 82% graduate $42,631 earnings

Emmaus's full profile

#27

University of Dubuque

Dubuque, IA · 1,440 students · Private nonprofit

With a welcoming acceptance rate of 89%, the University of Dubuque attracts a diverse student body, making it a great option for those seeking a supportive environment. The school emphasizes personal growth, with a focus on hands-on learning that prepares students for real-world challenges.

89% accepted 41% graduate $51,190 earnings

University's full profile

#28

Mercy College of Health Sciences

Des Moines, IA · 867 students · Private nonprofit

Mercy College of Health Sciences, based in Des Moines, is tailored for those aiming for careers in healthcare. With a 100% acceptance rate and a focus on practical, hands-on training, students can expect to gain valuable skills that directly translate into the workforce, making it an appealing option for future health professionals.

100% accepted 56% graduate $62,234 earnings

Maharishi International University

Fairfield, IA · 922 students · Private nonprofit

With a 96% acceptance rate, Maharishi International University in Fairfield, IA, welcomes a diverse array of students eager to explore its unique educational approach. The school emphasizes a holistic learning environment focused on consciousness-based education, which resonates with those seeking a deeper connection to their studies. Despite a graduation rate of 34%, students here often find a supportive community that encourages personal and academic growth.

96% accepted 34% graduate $27,981 earnings

Maharishi's full profile

Looking closely at the data reveals a pattern that many may overlook. For example, Grinnell College boasts a graduation rate of 88%, which significantly contributes to its higher average earnings of $62,830. In contrast, the University of Iowa, despite slightly higher earnings of $64,762, has a graduation rate of only 74%. This difference highlights how completion rates can play a crucial role in long-term financial outcomes for graduates.

After reviewing the various schools and their respective metrics, it's essential to weigh these figures against personal priorities. Consider what aspects are most important to you—whether it's the program's reputation, location, financial implications, or campus culture. Create a prioritized list that reflects your values and goals, allowing you to make a more informed decision based on the data.

Ultimately, these numbers tell a broader story about the journey from college to a stable life after graduation. Families must recognize that choosing the right program can significantly affect not just immediate financial situations but long-term career trajectories. Each decision shapes the path toward stability and success in the years to come.

Data Sources

U.S. Dept of Education College Scorecard

Opportunity Insights Mobility Report Card

Social Capital Atlas

Times Higher Education World Rankings

NCES IPEDS

Sources & Citations

[1]

U.S. Department of Education. College Scorecard Data. Federal Student Aid, National Center for Education Statistics. →

[2]

National Center for Education Statistics. Integrated Postsecondary Education Data System (IPEDS). →

David Krug

Co-Founder, CollegeRanker

David Krug is the co-founder of CollegeRanker and a data systems architect focused on making institutional research accessible to families. He builds the data pipelines and ranking algorithms that power CollegeRanker, drawing from federal datasets and Raj Chetty's Opportunity Insights research to measure what traditional rankings ignore: whether a college actually changes a family's economic trajectory.

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