Private nonprofit · Mostly bachelor's degrees · Midsize city
Drake University
Des Moines, Iowa. 2,543 undergraduates. Admits 64% of applicants.
71%Graduation rate16 pts above the national median for similar colleges (54%)
$29,415Average net price per year48% above the national median for similar colleges ($19,899)
$78,855Median earnings 10 years after starting34% above the national median for similar colleges ($58,912)
$21,500Median debt at graduationAbout the same as the national median for similar colleges
Our readGraduates' median debt ($21,500) equals 27% of former students' median earnings ten years after starting ($78,855).
What families actually pay
Under $30,000$28,458
$30,000–$48,000$25,119
$48,001–$75,000$25,416
$75,001–$110,000$28,365
Over $110,000$32,318
Average yearly net price for first-time, full-time students who received federal aid, by family income. Net price is the cost of attendance minus grants and scholarships. Source: College Scorecard.
Do students finish, and what do they earn?
| Measure | This college | Similar colleges nationally |
| Graduation rate | 71% | 54% |
| Return for second year | 84% | 76% |
| Median earnings, 6 years after starting | $59,016 | $49,318 |
| Median earnings, 10 years after starting | $78,855 | $58,912 |
| Median debt at graduation | $21,500 | $21,609 |
Graduation rate within 150% of normal time; retention is the share of first-year students who return. Earnings are medians for former students who received federal aid, working and not enrolled. National comparison is the median for colleges of the same type (mostly bachelor's degrees).
Quick answers
- How much does Drake University cost per year?
- The average net price at Drake University, what students pay after grants and scholarships, is $29,415 per year. Source: U.S. Department of Education College Scorecard.
- How much do Drake University graduates earn?
- Former Drake University students earn a median of $78,855 a year ten years after starting college. Source: U.S. Department of Education College Scorecard.
- What is the graduation rate at Drake University?
- 71% of Drake University students graduate within 150% of normal time. Source: U.S. Department of Education College Scorecard.
- How much student debt do Drake University graduates have?
- The median federal student debt at graduation from Drake University is $21,500. Source: U.S. Department of Education College Scorecard.