College Scorecard · cost, debt & earnings

Drake University

Des Moines, IA · Private nonprofit · Bachelor-granting · 2,543 undergrads · 64% admitted

Do students finish?

74% complete

Most students who start here finish.

What does it cost?

$64,835/yr net

Average annual price after grants & scholarships. ~$259,340 over four years if you finish on time.

What former students go on to earn

The middle 50% of students who received federal aid, measured 10 years after they entered (an earlier entering class — not a guarantee, and not limited to those who graduated). Earnings vary enormously by field of study.

$71,901 median, 10 yrs after entry

25th pct $47,785 median $71,901 75th pct $110,436

87% earn more than a typical high-school graduate (the dashed line above, $28,000 — a fixed, somewhat dated federal benchmark) ten years on.

Your major matters more than your school

The school-wide figure above blends every major together — but pay varies enormously by program. Pick a degree level (and search your major) to compare like-for-like.

Read these on their own terms. Program pay is measured 1 year after completing the program (early career, graduates only) — not the same as the school-wide number above, which is 10 years after a student first enrolled. Don't compare a program figure to the school figure; use the programs to compare majors to each other.

13 Bachelor's programs · $25,357 to $64,552 (1 yr out)

MajorPay · 1yr outMedian debt

Management Sciences and Quantitative Methods.Bachelor's $64,552 $23,979

Computer and Information Sciences, General.Bachelor's $62,903 $19,000

Accounting and Related Services.Bachelor's $59,063 $20,000

Finance and Financial Management Services.Bachelor's $56,700 $25,000

Marketing.Bachelor's $45,816 $19,000

Public Relations, Advertising, and Applied Communication.Bachelor's $42,274 $21,500

Teacher Education and Professional Development, Specific Levels and Methods.Bachelor's $41,116 $27,000

Journalism.Bachelor's $34,814 —

Political Science and Government.Bachelor's $31,893 $20,500

English Language and Literature, General.Bachelor's $31,512 —

Biochemistry, Biophysics and Molecular Biology.Bachelor's $26,414 $20,375

Psychology, General.Bachelor's $25,977 $20,248

Drama/Theatre Arts and Stagecraft.Bachelor's $25,357 —

The Dept. of Education omits programs with too few graduates (to protect privacy), so not every major appears. Pay is a median for federally-aided graduates. Full program detail on the official Scorecard.

Typical federal loan debt

$19,500

≈ 27% of one year's typical earnings here

This counts federal student loans only — not private loans, Parent PLUS loans, or family savings, so the true cost of borrowing is usually higher.

What these numbers are — and are not

Every figure here is an institution-wide median from the U.S. Dept. of Education College Scorecard. It is not a prediction of what you would earn or owe — a computer-science and a fine-arts graduate of the same school can earn wildly different amounts, and your field of study matters more than your school. It is not a figure for any one program, not proof the school caused the outcome (selective schools admit students who would earn more anyway), and not a "best college" ranking. Earnings and debt cover federally-aided students.

→ The number that actually answers "worth it" is earnings by major — see the by-major breakdown above (20 programs at this school).

Also available: structured data (JSON-LD) · plain text · JSON. Source: U.S. Dept. of Education College Scorecard (2026-06-10 release). · school website