Degree Dividend
Sourced from federal dataEvery figure datedNo rankings for sale

The cost of college in Iowa — and what it pays back

Across the 47 Iowa institutions we profile, the median net price — what students actually pay after grants and scholarships — is $18,589/yr, $1,683 above the $16,906 national median. Graduates earn a median $50,776 ten years after entry (above the $43,552 national median), and 27 of the 47 schools clear their full cost on institution-wide earnings. (Scorecard, 2026 · our math.)

$18,589
Median net price / yr
Scorecard, 2026
$50,776
Median earnings, 10 yrs
Scorecard, 2026
13.9 yrs
Median payback
Our math, 2026
27/47
Schools that pay back
Our math, 2026

How Iowa's 47 colleges split by ROI verdict

Strong
3
Solid
9
Slow
9
Weak
26

Verdicts: payback under 5 / 10 / 20 / over 20 years (or none).

Best-value Iowa colleges — fastest payback
CollegeNet price/yrEarnings 10yPayback
Drake University$29,127$71,9014.9 yrs
Grinnell College$17,648$62,8304.9 yrs
Iowa State University$18,589$63,3864.9 yrs
University of Iowa$22,531$64,7625.5 yrs
Mount Mercy University$20,168$60,7876.5 yrs
Cheapest Iowa colleges by net price
CollegeNet price/yrEarnings 10yPayback
Marshalltown Community College$8,059$41,010no payback
Western Iowa Tech Community College$8,770$40,473no payback
Iowa Central Community College$9,328$42,046no payback
Hawkeye Community College$9,649$42,849no payback
Kirkwood Community College$9,705$41,016no payback

Frequently asked questions

How much does college cost in Iowa?
The median net price across Iowa colleges is $18,589/yr after aid — above the $16,906 national median. Sticker prices run far higher; net price is what the typical aided student actually pays.
Is college in Iowa cheaper than the national average?
No — the median Iowa net price of $18,589/yr runs about $1,683/yr above the $16,906 national median. Individual schools vary widely, so check each profile.
What do Iowa college graduates earn?
A median $50,776 ten years after entry (College Scorecard), above the $43,552 national median.
Which Iowa college pays for itself fastest?
Drake University — about 4.9 years to clear its $116,508 total net cost on earnings above the high-school baseline. The full ranking is on our best-colleges-in-iowa page.