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Public College

Peru State College

Public College in Peru, NE. Six-year graduation rate 38%. Median 10-year earnings $47,071.

Verdict Mixed outcomes
Peru State College · Campus
Median earnings · 10 yr
$47,071
Median debt at grad
$21,875
Mobility score
1.3
% bottom→top quintile
Graduation rate
37.6%
Federal loan default
0%

The median ten-year earnings figure of $47,071 sits near the national middle rather than at either extreme. Only 38% finish within six years, so roughly three in five students leave without the credential they enrolled for. Debt at graduation runs to a median of $21,875, neither a bargain nor a burden.

Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.

Green Flags
  • 3-year loan default 0.0% — below national benchmark
Red Flags

Academics

Full-time retention
64%
Transfer-out rate
34%
Student:faculty
17:1

Completion is the problem here: 38% graduate within six years. 64% of full-time first-years come back for year two, so about one in three are gone before sophomore year. That gap between coming back and finishing is where this school loses people — after the first year, not during it. With 34% transferring out, this functions substantially as a stepping stone. The student-faculty ratio is 17:1 — typical, which in practice means large lectures early and smaller classes in the major.

Financial Aid

Average net price
$11,915
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
81%
degree- or certificate-seeking undergraduates
% receiving federal loans
56%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 1,147 degree- or certificate-seeking undergraduates

Students pay an average of $11,915 annually, well below typical undergraduate net price. Net price varies modestly by income — $9,986 at $0–30k against $13,450 at $110k+ — so the average is a fair guide for most families. Grant aid reaches 81% of students at an average of $8,679. Most students borrow — 56% take federal loans to cover the gap.

Entering first-year students

A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.

% receiving grants
98%
Average grant
$10,363

IPEDS Student Financial Aid · 2023-24 · 211 students

Net price by family income

The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.

Family income band Average net price
$0–30k $9,986
$30–48k $9,779
$48–75k $12,845
$75–110k $12,313
$110k+ $13,450

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 645 of these 1,147 students, totalling $4,170,728 — an average of $6,466 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

Typical rents near campus (Nemaha County) — budget these against any cost-of-attendance housing estimate.

Studio
$666/mo
1 bedroom
$732/mo
2 bedroom (whole unit)
$961/mo

HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026

Veterans & GI Bill

GI Bill students
52
Yellow Ribbon
Yes
Principles of Excellence
No

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare Peru State College with peer institutions

How we evaluate Peru State College

IPEDS
US Department of Education
College Scorecard
Post-grad earnings
Census PSEO
Earnings by major
Opportunity Insights
Mobility by institution
Read our full methodology →