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Higher Education Outcome Report · Midwest

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Iowa Higher Education Outcome Report

Updated continuously · 45 degree-granting institutions graded

Iowa's higher education system is a below-average mobility system. Median 10-year earnings sit at $52,539, +2% vs the national median.

  • agriculture & biotech
  • insurance & finance
  • advanced manufacturing
75
INSTITUTIONS
$52,539
MEDIAN EARNINGS
▲ 2% vs natl
$19,543
AVG NET PRICE
19 / 35
PUBLIC / PRIVATE

OUTCOME GRADE

B

60/100 · #17 of 50

Iowa At A Glance

State-Level Intelligence
  • Institutions

    45

    111,678 students enrolled

  • Graduates / Year

    ~17,341

    Estimated annual completers

  • Median Earnings

    78th pct

    $53,142

    11th of 50 states

  • Mobility Score

    24th pct

    1.3%

    35th of 46 states

  • Talent Retention

    82nd pct

    70%

    First-year retention rate

  • Value Ratio

    42nd pct

    2.7x

    Earnings per net-price dollar

Top Industries Hiring Graduates:
  • Business
  • Healthcare
  • Humanities

Executive Summary

  1. Iowa graduates earn a median of $53,142 a decade after entry, 9% above the national state average, ranking 11th of 50 states.

  2. Upward mobility sits mid-pack: the state's institutions move bottom-quintile students into the top quintile at a 1.3% rate, in the 24th percentile nationally.

  3. Degree production is led by Business and Healthcare, which together account for 38% of graduates. That diversified mix sets what the state's labor pipeline can supply.

  4. Engineering is the standout sector: graduates earn $58,110, +12.7% versus the national median. That premium points to a real wage advantage rather than sheer volume.

  5. Humanities shows oversupply pressure: graduate earnings run 18.1% below the national median, suggesting the field produces more graduates than the local market rewards.

  6. On value, Iowa returns 2.7x earnings per dollar of net price, roughly average cost-to-outcome efficiency in the country.

Key Insights

  • Earnings vs National

    +0.5%

    Median graduate earnings in Iowa are above the national average by 1%.

  • Cost vs National

    -0.8%

    Net price in Iowa is lower than the national average by 1%.

  • Mobility Rate

    -0.55pp

    Upward mobility rate is 0.5 percentage points below the national average.

  • Completion Rate

    +2.2pp

    Iowa's graduation rate is 2.2 percentage points above the national average.

  • Best Value

    6.1x

    Top value school: La James College of Hairstyling and Cosmetology ($27,484 earnings vs $4,522 net price).

  • Top Mobility School

    3.4%

    Highest mobility rate: Clarke University at 3.4%.

Education Output Profile

Business (24% of graduates) and Healthcare (14% of graduates) dominate Iowa's higher education output. Graduates in the top field earn a weighted average of $51,809.

  • Business

    24%

    $51,809 avg

  • Healthcare

    14%

    $54,688 avg

  • Humanities

    10%

    $45,677 avg

  • Social Sciences

    8%

    $56,581 avg

  • Engineering

    8%

    $57,526 avg

Concentration: diversified HHI: 12

Outcome Performance

Iowa's highest-ROI degree cluster is Trades (Construction Trades), where graduates average $42,823 against a net cost of $11,341, a 3.8x return. That's -17% vs the national median.

  • Construction Trades

    3.8x
    $42,823 earnings $11,341 net -17% vs natl
  • Mechanic & Repair Tech

    3.8x
    $42,823 earnings $11,341 net -17% vs natl
  • Culinary & Personal Services

    3.8x
    $41,747 earnings $11,058 net -19.1% vs natl
  • Precision Production

    3.8x
    $42,597 earnings $11,352 net -17.4% vs natl
  • Transportation

    3.0x
    $46,395 earnings $15,703 net -10% vs natl
  • Legal Studies

    2.9x
    $51,762 earnings $17,970 net +0.4% vs natl

State Talent Profile

Three lenses on Iowa's talent pipeline: which fields produce the most graduates, which command the highest earnings, and where high-pay demand outruns local supply.

Dominant Fields

  • Business & Marketing 24%
  • Health Professions 14%
  • Engineering 8%
  • Education 8%
  • Humanities 8%

Highest-Earning Fields

  1. Social Sciences $58,878
  2. Engineering $57,526
  3. Communications $57,319
  4. Biology & Biomedical $56,532
  5. Visual & Performing Arts $54,694

Opportunity Gaps

High earnings, low local production — fields where demand may outrun Iowa's graduate supply.

  • Social Sciences $58,878 4% of grads
  • Communications $57,319 3% of grads
  • Biology & Biomedical $56,532 6% of grads
  • Visual & Performing Arts $54,694 4% of grads

Mobility & Retention

Opportunity Insights

Iowa's colleges post an average mobility rate of 1.3%, which puts the state in the 24th percentile nationally. 7% of students arrive from bottom-quintile households. Cross-class social connectedness averages 1.60, a proxy for the networks that help graduates convert a degree into mobility.

  • MOBILITY RATE

    1.3%

    ▼ -0.38pp vs natl

    Bottom 20% → Top 20%

  • LOW-INCOME ACCESS

    7%

    From bottom quintile

  • SUCCESS RATE

    23%

    If bottom 20% enroll

  • FIRST-GENERATION

    30%

    First-gen students

  • TALENT RETENTION

    70%

    First-year retention

  • SOCIAL CAPITAL

    1.60

    Economic connectedness

Labor Market Alignment

Iowa's Engineering programs produce graduates earning $58,110, +12.7% relative to the national median. Humanities graduates, however, earn 18.1% below the national median, a possible sign the state produces more of these degrees than its labor market absorbs.

  • Business

    24% of enrollment
    $51,326 -0.5% vs natl

    36 schools

  • Healthcare

    14% of enrollment
    $51,694 +0.2% vs natl

    31 schools

  • Humanities

    10% of enrollment
    $42,227 -18.1% vs natl

    12 schools

  • Social Sciences

    8% of enrollment
    $56,256 +9.1% vs natl

    20 schools

  • Engineering

    8% of enrollment
    $58,110 +12.7% vs natl

    6 schools

  • Education

    8% of enrollment
    $53,762 +4.2% vs natl

    22 schools

Overperforming Sectors

Engineering: +12.7% vs national earnings ($58,110)

Social Sciences: +9.1% vs national earnings ($56,256)

Potential Oversupply Signals

Humanities: -18.1% vs national — wage pressure suggests oversupply

Institutional Landscape

Iowa's higher education system includes 2 research-oriented, 3 specialized, 5 access-oriented, 35 regional institutions. Each group plays a different role in the state's outcomes.

  • 2

    Research Universities

  • 35

    Regional Universities

  • 5

    Access-Oriented Institutions

  • 3

    Specialized Institutions

Cost & Access Corridors

28% of Iowa's colleges charge under $15K net. Graduates of those schools average $41,269 at 10 years.

  • NET PRICE UNDER $15K

    11

    28% of schools

    Avg earnings: $41,269

  • NET PRICE $15K–$25K

    23

    57% of schools

    Avg earnings: $55,380

  • NET PRICE $25K–$40K

    6

    15% of schools

    Avg earnings: $58,032

Top Earners

Schools ranked by median graduate earnings 10 years after enrolling.

  1. Drake University Des Moines, IA $71,901
  2. Allen College Waterloo, IA $71,261
  3. University of Iowa Iowa City, IA $64,762
  4. Iowa State University Ames, IA $63,386
  5. Grinnell College Grinnell, IA $62,830
  6. Mercy College of Health Sciences Des Moines, IA $62,234
  7. St Luke's College Sioux City, IA $61,033
  8. Mount Mercy University Cedar Rapids, IA $60,787

Higher education in Iowa

Iowa is home to 75 colleges and universities, from 19 public institutions to 35 private nonprofits. Iowa State University anchors the public system, and graduates across the state earn a median of about $44,074 ten years after enrolling.

Higher education clusters around Davenport, Dubuque and Sioux City, and the strongest programs by enrollment are Health Professions, Business & Marketing and Education. We rank every school here by what its graduates actually earn and how far they move up — not by reputation or sticker price.

What college costs in Iowa

The average net price — what students actually pay after grants and scholarships — runs about $17,924 a year across Iowa. Western Iowa Tech Community College stands out on return: strong graduate earnings against a comparatively low net price. Public universities and in-state tuition remain the clearest path to a low-debt degree, while need-based aid can make selective private schools surprisingly competitive.

Jobs & industries

Iowa's economy leans on agriculture & biotech, insurance & finance and advanced manufacturing, which shapes which degrees pay off fastest in-state. Programs in Health Professions, Business & Marketing and Education feed directly into those employers, and graduates who stay in-region benefit from established hiring pipelines and alumni networks.

Licensure & transfer

Licensure and articulation are state-specific: nursing, teaching, law, and the health professions are regulated at the Iowa level, so an in-state program is often the most direct route to practicing here. Community-college transfer agreements with public universities can also cut the cost of a four-year degree substantially.

Cost vs Return

What graduates in Iowa earn relative to what they pay for college.

MEDIAN EARNINGS (10YR)

$44,074

▲ +$237 vs natl

AVG NET PRICE

$17,924

▲ $-152 vs natl

EARNINGS / COST RATIO

2.5x

Return per dollar invested

Best Value Schools

  1. La James College of Hairstyling and Cosmetology $27,484 / $4,522 = 6.1x
  2. Marshalltown Community College $41,010 / $8,059 = 5.1x
  3. Western Iowa Tech Community College $40,473 / $8,770 = 4.6x
  4. Iowa Central Community College $42,046 / $9,328 = 4.5x
  5. Hawkeye Community College $42,849 / $9,649 = 4.4x

Is Iowa Right for You?

Iowa is a strong fit if you want to build a career in agriculture & biotech and insurance & finance, value in-state tuition, or plan to work in the region after graduation. Use the rankings and filters below to weigh earnings, cost, and mobility for every school in the state.

Every figure on this page is derived from public federal data and read within its regional and economic context. Information Gain Policy →

FAQ

How many colleges are in Iowa?

There are 75 colleges and universities in Iowa in our dataset — 19 public, 35 private nonprofit.

What is the highest-earning college in Iowa?

By median graduate earnings 10 years out, Drake University leads, followed by schools like Allen College and University of Iowa.

How much does college cost in Iowa?

The average net price — tuition and living costs after grants — is about $17,924 per year. In-state public tuition is typically the lowest-cost path.

What are the best-paying career fields in Iowa?

Iowa's economy is anchored by agriculture & biotech, insurance & finance and advanced manufacturing, so degrees feeding those industries tend to pay off fastest in-state.

Is it worth going to college in Iowa?

For most students, yes — especially at in-state public universities and high-value private schools. Western Iowa Tech Community College, for example, pairs strong earnings with a low net price. Weigh earnings against net price using the data on this page.

All 75 schools in Iowa
Data Behind This Page Updated 2026
75 institutions in Iowa
2026 Last updated
100% Public / federal sources

Source datasets

Methodology

States are graded on graduate earnings, social mobility, completion, and cost — each drawn from federal data and Opportunity Insights research, then normalized into a single Outcomes Index (0–100).

See the full methodology and weights →

Confidence notes

  • Earnings, completion, and debt figures come from federal administrative records — tax data and student-aid filings — not surveys or self-reports, the highest-confidence tier of education data available.
  • Social-mobility estimates are drawn from de-identified tax records covering more than 30 million students (Opportunity Insights).
  • Where an institution is missing a metric, it is excluded from that metric rather than imputed, so averages are never inflated by guesses.

Limitations

  • Federal earnings data primarily cover students who received federal financial aid; outcomes for non-aided students may differ.
  • Earnings are measured roughly ten years after enrollment, so they describe how earlier cohorts fared — historical outcomes, not guarantees of future results.
  • An institution's field-of-study mix affects raw earnings; scores reflect measured outcomes and are not fully major-adjusted unless explicitly noted.
  • Net price is an average; the actual cost a given student pays varies widely by family income.
The State of American Higher Education Outcomes for 2026 — report cover Download PDF

The 2026 Annual Report

The State of American Higher Education Outcomes

Every state graded on what graduates earn, how far they climb, and what college really costs — the hidden geography of economic mobility, in one report.

Free · 21 pages · 5,745 institutions · 100% federal data, no surveys