Average Salary for Luther College Alumni

Nestled away in Decorah, Iowa, Luther College, an Evangelical Lutheran Church school, has a student population of roughly 2,000. Students here receive a well-rounded education — undergraduate study in the liberal arts and sciences is common. Replies from former Luther students to PayScale's salary questionnaire form the basis for this summary.

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Overall College ROI Rank

1121
out of 1223
See full list

ROI Rank for Private not-for-profit Universities

358
out of 402
 

Mid-Career Salary Rank for Liberal Arts

107
out of 119

Typical Early Career Salary

$45,700
Luther College Alumni

Median Salary by Job

Job
National Salary Data (?
XAll compensation data shown are the gross, national median (50th percentile). Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$28K$56K$84K
Web Designer
3 salaries
$35,964  
   
Senior Web Designer
2 salaries
$35,350  
Corporate Controller
2 salaries
$83,952  
Financial Controller
2 salaries
$80,781  
Business Analyst, IT
2 salaries
$70,944  
Human Resources (HR) Manager
2 salaries
$65,249  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 68

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About This School

700 College Drive
Decorah, IA 52101-1045

admissions.luther.edu/

2,466

Private School, Liberal Arts, Religious

76 %

18 %

21 %

18 %


Freebase CC-BY Source: Freebase, licensed under CC-BY; IPEDS (As of January, 2015)

Industry

Graduates of Luther head into a range of vocations when it comes to work; the banking industry, the manufacturing industry, and magazine publishing are just a few professional areas popular among alumni. The most popular professional field seems to be the retail industry. Those with a degree from Luther make an average of approximately $55K.

Jobs

Former Luther students with an interest in making money consider becoming Corporate Controllers, the highest-paying gig (average earnings amount to $84K) among this alumni group. Other well-paid jobs include Financial Controllers (around $81K) and IT Business Analysts ($71K). Senior Web Designers wrap up the bottom of the pay scale, earning about $35K.

Locations

Minneapolis, Minn. is a hot spot for Luther alum. Luther alumni seeking the highest salaries end up in Iowa City, Iowa, which offers a median salary of $91K. Though Rochester, Minn. takes the cake for lowest pay among Luther grads (the median salary is $48K there), it remains a common destination for former students. Luther alumni express interest in nearby Decorah, Iowa and St. Paul, Minn. as well.

Degree Major

With a median annual earnings of approximately $101K per year, Luther College grads who have a Bachelor of Accountancy (BAcc), Accounting are the best paid among the alumni population. A B.A. in Bachelor of Arts (BA) offers the lowest median annual financial reward (around $36K).

Skills

Many Luther grads have knowledge of Microsoft Office, with about one in seven alumni using this program on the clock. Luther College grads with Financial Reporting experience garner salaries that are 46 percent more than other grads' salaries. Experience with Project Management, Microsoft Excel, and HTML is highly valued as well.

Benefits and Perks

Although slightly less than half of the survey participants are compensated for vacation days, only one in four survey participants are paid for sick time. In an effort to save up for the years ahead, a large number of grads contribute to a 401(k). Health coverage is awarded to a large number of respondents, and dental insurance is issued to a majority of alumni as well. Additional benefits handed to Luther College alumni include life insurance, a casual working environment, flexible hours, and tuition reimbursement.

Related Schools

Coe College grads bring in salaries of around $56K, making them the most similar to Luther alumni in terms of earnings. Carleton College, St Olaf College, and Ripon College are also similar to Luther.

Test Scores

Academics 25th Percentile 75th Percentile
SAT Scores 1393 1828
ACT Scores 23 29

Key Stats for Luther College

Gender

Female
52 %
Male
48 %
Salary
$34,403 - $78,596
Salary
$36,844 - $79,948
Less than 1 year
4%
1-4 years
26%
5-9 years
29%
10-19 years
24%
20 years or more
17%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 29 votes.

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