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Private College

Wartburg College

Private College in Waverly, IA. Six-year graduation rate 64%. Median 10-year earnings $56,201.

Verdict Mixed outcomes
Wartburg College · Campus
Median earnings · 10 yr
$56,201
Median debt at grad
$27,000
Mobility score
0.8
% bottom→top quintile
Graduation rate
64.3%
Federal loan default
0%

Students who entered Wartburg College land at a median of $56,201 a decade later, close to what most four-year schools deliver. 64% finish within six years — respectable, though a meaningful share still leave without a credential. Median debt at graduation reaches $27,000, heavy enough to shape the years right after the degree.

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
  • ! Mobility score 0.8 — limited economic uplift documented

Admissions

Acceptance rate
76%
Applicants
3,203
Yield rate
16.6%

An acceptance rate of 76% puts Wartburg College on the accessible end — a realistic target for a broad range of applicants. The applicant pool runs to 3,203, typical for a school of this reach. A 17% yield rate is low: the admitted pool is much larger than the entering class. The score bands below rest on the 3% of enrolled first-years who submitted an SAT score — a self-selected group, and not a cutoff.

Test score bands (middle 50% of submitters)

These bands describe the enrolled first-years who submitted a score, not the entering class. Where most students apply test-optional the submitters are a self-selected, higher-scoring group.

Test 25th–75th percentile Submitted
SAT Evidence-Based Reading 470–620 13 (3%)
SAT Math 460–580
ACT Composite 21–27 98 (24%)

IPEDS Admissions · 2024

Apply at Wartburg College →

Academics

Full-time retention
76%
Transfer-out rate
26%
Student:faculty
13:1

Six-year completion sits at 64%, meaning about one in three students who enroll leave without finishing. 76% of full-time first-years come back for year two, so about one in four are gone before sophomore year. A 26% transfer-out rate accounts for part of that gap: those students left for another institution rather than dropping out, and the graduation rate above counts them as non-completers here. A 13:1 ratio points to small classes and accessible faculty. This is a private nonprofit four-year college, so read every rate on this page against that peer group specifically.

Financial Aid

Average net price
$24,031
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
94%
degree- or certificate-seeking undergraduates
% receiving federal loans
68%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 1,443 degree- or certificate-seeking undergraduates

Average net price after grant aid is $24,031 a year — mid-range for a four-year institution. Net price swings hard on family income here, from $21,688 at the $0–30k band to $38,864 at $110k+. Grant aid is widespread — 94% of students receive it, averaging $40,077. Most students borrow — 68% 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
97%
Average grant
$40,336

IPEDS Student Financial Aid · 2023-24 · 424 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 $21,688
$30–48k $20,751
$48–75k $27,056
$75–110k $28,873
$110k+ $38,864

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 976 of these 1,443 students, totalling $6,346,712 — an average of $6,503 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

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

Studio
$674/mo
1 bedroom
$745/mo
2 bedroom (whole unit)
$978/mo

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

Veterans & GI Bill

GI Bill students
37
Yellow Ribbon
Yes
Principles of Excellence
No

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare Wartburg College with peer institutions

How we evaluate Wartburg 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 →