Luther College vs Massachusetts Institute of Technology

Decorah, IA — Cambridge, MA

Metric
Luther College
Decorah, IA
Massachusetts Institute of Technology
Cambridge, MA
Location Decorah, IA Cambridge, MA
Type Private Nonprofit Private Nonprofit
Total Enrollment 1,379 4,535
Acceptance Rate 71.5% 4.5%
SAT Average 1,218 1,560
In-State Tuition $52,120 $62,396
Out-of-State Tuition $52,120 $62,396
Avg Net Price $23,097 $20,111
Median Debt at Graduation $27,000 $14,768
4-Year Graduation Rate 73.0% 96.2%
Retention Rate 77.0% 99.1%
Median Earnings (6 yr) $49,541 $131,633
Median Earnings (10 yr) $59,850 $143,372
Loan Repayment Rate 99400.0% 58700.0%

Values highlighted in green indicate the better metric. Source: U.S. Department of Education College Scorecard.

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Luther College
Decorah, IA
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Massachusetts Institute of Technology
Cambridge, MA
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Frequently Asked Questions

How do Luther College and Massachusetts Institute of Technology compare?
Luther College (Decorah, IA) has an acceptance rate of 71.5%, in-state tuition of $52,120, and median 10-year earnings of $59,850. Massachusetts Institute of Technology (Cambridge, MA) has an acceptance rate of 4.5%, in-state tuition of $62,396, and median 10-year earnings of $143,372.
Which school has higher graduate earnings, Luther College or Massachusetts Institute of Technology?
Massachusetts Institute of Technology graduates earn more at 10 years out, with a median of $143,372 vs $59,850. Source: U.S. Department of Education College Scorecard.
Which school is more affordable, Luther College or Massachusetts Institute of Technology?
Based on average net price (after grants and scholarships), Massachusetts Institute of Technology is the more affordable option at $20,111 per year versus $23,097.
Which school has a better 4-year graduation rate?
Massachusetts Institute of Technology has the higher 4-year graduation rate: 96.2% vs 73.0%.

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All data from the U.S. Department of Education College Scorecard. PlainCollege is not affiliated with any government agency.

Related

Source: U.S. Department of Education — College Scorecard College Scorecard institution outcomes (earnings, completion, debt) · 2025