Borrowing and outcomes
Student debt at Iowa colleges
Across the 48 Iowa colleges that report both figures, median federal student debt at graduation is $19,346, and a median of 52% of students take federal loans. Those two numbers belong together: the dollar figure describes only the students who borrowed, so it means something quite different at a college where most students borrow than at one where few do.
Which student-debt number this is
This page measures debt at graduation, by college: what students who borrowed had taken in federal loans by the time they finished at a particular Iowa institution. Most published “average student debt in Iowa” figures measure something else, the total balance carried by borrowers who live in Iowa, which includes graduate-school borrowing and years of accrued interest and is therefore much larger. Both are real; they answer different questions. Use this one to compare colleges, not to estimate a lifetime balance.
Median debt at graduation
$19,346
Middle half: $12,000 to $25,000
Median share who borrow
52%
Across 48 colleges
Illustrative monthly payment
$220/mo
10-year standard plan at 6.52%
Iowa colleges by median federal debt at graduation
Lowest median debt first, showing 48 of 48 colleges (17 public, 31 private). This is a sort of one reported figure, not a ranking and not a recommendation. Every row shows the borrower share beside the dollar amount because neither number means much alone.
| College | Median federal debt | Share who borrow | Illustrative payment | Earnings 10 yrs |
|---|---|---|---|---|
| Marshalltown Community CollegeMarshalltown, IA · Public two-year | $9,500 | 11.8% | $108/mo | $41,010 |
| North Iowa Area Community CollegeMason City, IA · Public two-year | $9,500 | 21% | $108/mo | $43,462 |
| Northwest Iowa Community CollegeSheldon, IA · Public two-year | $9,500 | 13.4% | $108/mo | $50,776 |
| Orion Technical CollegeDavenport, IA · Private four-year | $9,500 | 65.3% | $108/mo | $37,008 |
| Ross College-DavenportDavenport, IA · Private two-year | $9,500 | 94.1% | $108/mo | $29,898 |
| Ellsworth Community CollegeIowa Falls, IA · Public two-year | $10,000 | 36.7% | $114/mo | $40,562 |
| Indian Hills Community CollegeOttumwa, IA · Public two-year | $10,500 | 18.5% | $119/mo | $40,507 |
| Des Moines Area Community CollegeAnkeny, IA · Public two-year | $11,000 | 13.1% | $125/mo | $41,018 |
| Iowa Central Community CollegeFort Dodge, IA · Public two-year | $11,000 | 31.9% | $125/mo | $42,046 |
| Western Iowa Tech Community CollegeSioux City, IA · Public two-year | $11,000 | 17.2% | $125/mo | $40,473 |
| Iowa Western Community CollegeCouncil Bluffs, IA · Public two-year | $11,033 | 24.7% | $125/mo | $42,793 |
| Hawkeye Community CollegeWaterloo, IA · Public two-year | $12,000 | 24% | $136/mo | $42,849 |
| Iowa Lakes Community CollegeEstherville, IA · Public two-year | $12,000 | 21.3% | $136/mo | $43,108 |
| Kirkwood Community CollegeCedar Rapids, IA · Public two-year | $12,000 | 21% | $136/mo | $41,016 |
| Northeast Iowa Community CollegeCalmar, IA · Public two-year | $12,000 | 15.9% | $136/mo | $41,306 |
| Eastern Iowa Community College DistrictDavenport, IA · Public two-year | $12,739 | 16.7% | $145/mo | $39,060 |
| Faith Baptist Bible College and Theological SeminaryAnkeny, IA · Private four-year | $12,971 | 25.7% | $147/mo | $40,650 |
| Mercy College of Health SciencesDes Moines, IA · Private four-year | $14,745 | 63.8% | $168/mo | $62,234 |
| St Luke's CollegeSioux City, IA · Private four-year | $15,000 | 64.8% | $170/mo | $61,033 |
| Emmaus Bible CollegeDubuque, IA · Private four-year | $15,750 | 25.2% | $179/mo | $42,631 |
| Grinnell CollegeGrinnell, IA · Private four-year | $17,500 | 11.6% | $199/mo | $62,830 |
| Allen CollegeWaterloo, IA · Private four-year | $18,750 | 62.2% | $213/mo | $71,261 |
| Waldorf UniversityForest City, IA · Private four-year | $18,752 | 38.7% | $213/mo | $51,165 |
| Northwestern CollegeOrange City, IA · Private four-year | $19,000 | 75.5% | $216/mo | $37,871 |
| University of Northern IowaCedar Falls, IA · Public four-year | $19,691 | 43.8% | $224/mo | $55,177 |
| Graceland University-LamoniLamoni, IA · Private four-year | $21,212 | 73.3% | $241/mo | $47,361 |
| Dordt UniversitySioux Center, IA · Private four-year | $21,500 | 43.2% | $244/mo | $52,559 |
| William Penn UniversityOskaloosa, IA · Private four-year | $22,415 | 88.2% | $255/mo | $48,936 |
| Grand View UniversityDes Moines, IA · Private four-year | $22,500 | 68.9% | $256/mo | $52,824 |
| University of IowaIowa City, IA · Public four-year | $22,500 | 41.7% | $256/mo | $64,762 |
| Iowa State UniversityAmes, IA · Public four-year | $22,869 | 45.9% | $260/mo | $63,386 |
| Drake UniversityDes Moines, IA · Private four-year | $23,000 | 47.1% | $261/mo | $71,901 |
| Briar Cliff UniversitySioux City, IA · Private four-year | $23,250 | 55% | $264/mo | $54,475 |
| Mount Mercy UniversityCedar Rapids, IA · Private four-year | $23,699 | 57% | $269/mo | $60,787 |
| Maharishi International UniversityFairfield, IA · Private four-year | $24,781 | 64.3% | $282/mo | $27,981 |
| Buena Vista UniversityStorm Lake, IA · Private four-year | $25,000 | 68.8% | $284/mo | $49,156 |
| Saint Ambrose UniversityDavenport, IA · Private four-year | $25,000 | 66.7% | $284/mo | $59,531 |
| Upper Iowa UniversityFayette, IA · Private four-year | $25,000 | 49% | $284/mo | $52,766 |
| University of DubuqueDubuque, IA · Private four-year | $25,750 | 70.2% | $293/mo | $51,190 |
| Loras CollegeDubuque, IA · Private four-year | $26,000 | 59.3% | $295/mo | $58,289 |
| Simpson CollegeIndianola, IA · Private four-year | $26,000 | 70.5% | $295/mo | $59,274 |
| Morningside UniversitySioux City, IA · Private four-year | $26,028 | 68.8% | $296/mo | $55,494 |
| Clarke UniversityDubuque, IA · Private four-year | $26,717 | 71.9% | $304/mo | $55,396 |
| Central CollegePella, IA · Private four-year | $26,984 | 65.5% | $307/mo | $54,317 |
| Coe CollegeCedar Rapids, IA · Private four-year | $27,000 | 72.6% | $307/mo | $57,125 |
| Cornell CollegeMount Vernon, IA · Private four-year | $27,000 | 63.5% | $307/mo | $53,460 |
| Luther CollegeDecorah, IA · Private four-year | $27,000 | 60.4% | $307/mo | $59,850 |
| Wartburg CollegeWaverly, IA · Private four-year | $27,000 | 64% | $307/mo | $56,201 |
The illustrative payment assumes the standard 10-year federal repayment plan at 6.52%, the U.S. Department of Education, fixed rate for undergraduate Direct Loans first disbursed July 1, 2026 to June 30, 2027. It is an illustration, not a quote.
What the Iowa borrowing data shows
- Across the 48 Iowa colleges reporting both figures, median federal debt at graduation is $19,346 and the median borrower share is 52%. The middle half of these colleges falls between $12,000 and $25,000.
- On the standard 10-year federal repayment plan at 6.52%, $19,346 works out to about $220 a month for 10 years. That is an illustration of one repayment plan, not a quote: income-driven plans produce very different payments, and a real borrower's loans carry the rate in force in each year they borrowed.
- The borrower share varies far more than the dollar figure. At Grinnell College 11.6% of students take federal loans; at Ross College-Davenport it is 94.1%. Read the two numbers together — a low median at a college where almost nobody borrows describes the few who did, not the typical student.
- Median earnings ten years after entry, across the 48 Iowa colleges here that report it, is $51,178. That figure covers students who received federal aid and reflects the mix of programs and students at each college, not the effect of attending it.
How these figures were built
Every number comes from the U.S. Department of Education (College Scorecard / IPEDS), as carried in CampusPin’s committed snapshot of 2026-08-13. Nothing is recomputed, modelled, or imputed.
An institution appears here only if it reports bothmedian federal debt at graduation and the share of students receiving federal loans. Median debt without the borrower share is the misleading half of the statistic, so a college reporting one and not the other is excluded rather than shown incomplete. Institutions sharing an identical debt, borrower-share and earnings tuple are also excluded, because that pattern means one record’s series was attached to several colleges upstream and the figure cannot be attributed to a single school.
Federal loans only. Private loans, parent PLUS borrowing, and money families pay without borrowing are not in this data, so real household borrowing is higher than these figures. Median debt describes students who borrowed and completed, not all students. Figures reflect a prior cohort and lag the current academic year by one to two federal reporting cycles.
Frequently asked questions
- How much student debt do Iowa college graduates have?
- Across the 48 Iowa colleges that report both figures, the median federal loan debt at graduation is $19,346, and a median of 52% of students take federal loans. Individual colleges range from $9,500 to $27,000. These are federal loans only, so households that also used private or parent PLUS loans borrowed more than this.
- Does a low average debt figure mean a college is affordable?
- Not on its own. Median debt describes only the students who borrowed and completed. A college where 15% of students borrow can post a low median while most families pay a high price out of pocket, and a college where most students borrow can post a modest median because its price is genuinely low. Always read the dollar figure together with the share who borrow, which is why this page never shows one without the other.
- Is this every college in Iowa?
- No. This page covers the 48 Iowa institutions in CampusPin's dataset that report BOTH median debt at graduation and the borrower share. A college reporting only one of the two is excluded rather than shown with half the statistic. CampusPin's dataset is also not the complete federal Title IV universe.
- Why is this lower than the average student debt figure I have seen for Iowa?
- Because they measure different things. This page reports median federal debt AT GRADUATION for students at Iowa colleges. The widely published state figures report the total federal balance carried by borrowers who RESIDE in a state, which includes graduate-school borrowing and years of accrued interest on loans taken long ago, so it is substantially higher. Neither is wrong. Use debt at graduation to compare colleges against each other, and the residence figure to understand what people in a state currently owe.
- What is not counted in these figures?
- Private student loans, parent PLUS borrowing, and money families pay without borrowing are all outside this data, so real household cost is higher than the numbers here. The figures also reflect a prior graduating cohort and lag the current academic year by one to two federal reporting cycles.
Limitations of this data
- Median debt covers FEDERAL loans only. Private loans, parent PLUS borrowing, and money families pay without borrowing are not included, so real household cost is higher than this figure.
- It describes students who BORROWED and completed, not all students. Read it together with the borrower share on the same row.
- Figures reflect a prior cohort and lag the current academic year by one to two federal reporting cycles.
- Median earnings ten years out covers students who received federal financial aid, and reflects the mix of programs and students at each institution, not the effect of attending it.
- Reflects institutions in CampusPin's dataset, NOT the full federal Title IV universe.
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Data sources & methodology
Debt, borrower-share, and earnings figures for Iowa colleges come from federal collections reported by each institution.
Sources used across this page
Not every source informs every figure. Each data point draws on the source appropriate to it see the relevant section and the data dictionary for field-level provenance.
IPEDS / NCES College Navigator
Federal enrollment, admissions, tuition, retention, and program data. Released annually with a 1–2 year lag.
U.S. Department of Education College Scorecard
Net price by income band, post-graduation earnings, and federal aid context.
Institutional websites
Each school's official admissions, registrar, and financial-aid pages are the authoritative source for current details.
Where a value is unavailable it is shown as unavailable, never as 0, free, or a negative judgment. Always confirm final details with the institution before applying.
Suggested citation
CampusPin. Student Debt at Iowa Colleges. Retrieved from https://campuspin.com/student-debt/iowa