Drake University

📍 Des Moines, IA  ·  Official Website ↗

🟢 Excellent ROI

Break-Even 0.7 yrs

Lifetime Gain +$970,270

10-yr Median Salary $71,901

Grad Rate 74%

Key Stats

🏛️

Annual Tuition (In-State)

$52,130

Out-of-State: $52,130

💰

Median Salary (10 yrs)

$71,901

6-yr median: $58,233

📋

Median Graduate Debt

$23,000

Federal loans only

🎓

Graduation Rate

74%

Within 6 years

Return on Investment Analysis

⏱ Years to Break Even 0.7 years

$23,000 debt ÷ salary premium above HS grad median

💡 Lifetime Earnings Premium vs. HS Graduate (30-yr career)

+$970,270

Based on $38,792 median HS graduate annual earnings (BLS 2024)

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🏛

Annual Tuition (In-State)

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💰

Median Salary (10 yrs post-grad)

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📋

Median Graduate Debt

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Federal loans only

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Graduation Rate

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Within 6 years

⏳ Years to Break Even

💡 Lifetime Earnings Premium vs. HS Graduate (30-yr career)

Based on $38,792 median HS graduate annual earnings (BLS 2024)

Data: U.S. Dept. of Education College Scorecard. Calculations are estimates for informational purposes only.

Data: U.S. Dept. of Education College Scorecard. Calculations are estimates for informational purposes only. Enrollment: 2,543 students.