+14%
In-state tuition
In-state tuition at Drake University rose 14% between 2021 and 2024 ($45.9k → $52.1k).
Iowa · Private nonprofit · Predominantly bachelor's
Drake University
Des Moines, Iowa. 2,669 undergraduate students. 73 programs in the federal Field-of-Study dataset.
ANOMALY ENGINE · NOTABLE SIGNALS
Earnings, completion, debt, and enrollment anomalies at Drake University
Short-arc shifts (recent 3-year window), peer outliers, earnings trend breaks, completion drops, enrollment cliffs, and debt-to-earnings warnings — surfaced deterministically from the federal record. Multi-decade shifts are reported separately in the Long Arc section, since 25-year tuition drift isn't really an anomaly.
-100%
3-year cohort default rate
3-year cohort default rate at Drake University fell 100% between 2021 and 2024 (0.8% → 0.0%).
+14%
Out-of-state tuition
Out-of-state tuition at Drake University rose 14% between 2021 and 2024 ($45.9k → $52.1k).
-11%
Undergraduate enrollment
Undergraduate enrollment at Drake University fell 11% between 2021 and 2024 (2.9k → 2.5k).
SECTION 01 · OUTCOMES SNAPSHOT
Drake University earnings, debt, and completion vs. the Iowa median
Each tile compares this institution to the Iowa median for the same metric. Sub-line shows the comparison value, not an interpretation. Sparklines trace the federally available history.
$71,901+23% · 6→10y
Iowa median $42,849$58,233
Treasury earnings · 6y post-entry77.3%+8% · '97→'24
Iowa median 58.4%$19,500+62% · '97→'20
At program completion2,669-30% · '96→'24
latest IPEDS83.9%-2% · '04→'24
first-time, full-time64.1%-27% · '01→'24
latest cohort$49,944+205% · '00→'24
out-of-state $49,944SECTION 02 · EARNINGS HORIZONS
How Drake University earnings spread, 4 to 10 years after entry
Treasury tax-record earnings for federally aided students who first enrolled at this institution. Each point is a horizon from the most-recent vintage. Single median per horizon (no p25/p75 publishing).
Earnings widen with time post-entry. Selection: federal-aid recipients only — not all graduates.Methodology →
SECTION 03 · DEBT-TO-EARNINGS
What loans cost relative to earnings at Drake University
Annual debt service as a share of median earnings 10 years after entry, computed under federal Direct loan terms (10-year fixed at 6%). The 8% line is the gainful-employment threshold from federal regulation; above 12% has historically been considered “failing” under prior rule cycles.
Institution-wide
3.6%Median federal debt $19,500 amortized over 10 years vs. median earnings $71,901 (10y after entry).
SECTION 04 · LONG ARC
Drake University enrollment, completion, and debt over time
Federally available history. Coverage varies by metric — IPEDS publishes some series only after 2009 and others only before.
Undergraduate enrollment.
150%-time completion rate.
Median federal student debt at exit.
+23%
Drake University · completion · 100% rose
53.5% → 65.6%
-30%
Drake University · undergrad enrollment fell
3,630 → 2,543
+205%
Drake University · in-state tuition rose
$17,090 → $52,130
+205%
Drake University · out-of-state tuition rose
$17,090 → $52,130
+62%
Drake University · median debt rose
$14,197 → $23,000
-100%
Drake University · cohort default rate fell
2.8% → 0.0%
+36%
Drake University · pell share rose
16.0% → 21.7%
+35%
Drake University · earnings_median_10yr rose
$53,200 → $71,901
+40%
Drake University · earnings_median_8yr rose
$48,600 → $68,149
+39%
Drake University · earnings_median_6yr rose
$41,900 → $58,233
SECTION 05 · PROGRAMS
Drake University programs ranked by 5-year earnings
Each row is one (CIP × credential) program reported by the institution in College Scorecard's Field-of-Study data. Cohort floor is 30 students; below this, federal data is suppressed.
Pharmacy, Pharmaceutical Sciences, and Administration$143,490Management Sciences and Quantitative Methods$118,300Business Administration, Management and Operations$118,142Finance and Financial Management Services$100,759Accounting and Related Services$95,303Computer and Information Sciences, General$92,007Mathematics$91,704Accounting and Related Services$90,542Educational Administration and Supervision$90,273Marketing$82,473Law$81,991Business Administration, Management and Operations$81,031Public Relations, Advertising, and Applied Communication$75,436Public Administration$72,990Pharmacy, Pharmaceutical Sciences, and Administration$71,683Biology, General$68,796Curriculum and Instruction$68,067Legal Professions and Studies, Other$68,055Political Science and Government$59,948Rhetoric and Composition/Writing Studies$59,135Student Counseling and Personnel Services$57,898Teacher Education and Professional Development, Specific Levels and Methods$57,470Journalism$57,439Design and Applied Arts$56,719
Showing top 24 of 29 ranked programs.
SECTION 06 · BY CIP FAMILY
29 Drake University programs with earnings, grouped by field
Programs are grouped by 2-digit CIP family. Programs without reported earnings are hidden to keep the list focused.
COMPUTER & INFORMATION SCIENCES · CIP 11
EDUCATION · CIP 13
LEGAL PROFESSIONS · CIP 22
ENGLISH LANGUAGE & LITERATURE · CIP 23
BIOLOGICAL & BIOMEDICAL SCIENCES · CIP 26
MATHEMATICS & STATISTICS · CIP 27
PSYCHOLOGY · CIP 42
PUBLIC ADMINISTRATION & SOCIAL SERVICES · CIP 44
SOCIAL SCIENCES · CIP 45
VISUAL & PERFORMING ARTS · CIP 50
HEALTH PROFESSIONS · CIP 51
BUSINESS, MANAGEMENT & MARKETING · CIP 52
Business Administration, Management and Operations$118,142Management Sciences and Quantitative Methods$118,300Marketing$82,473Accounting and Related Services$90,542Finance and Financial Management Services$100,759Business Administration, Management and Operations$81,031Accounting and Related Services$95,303
HISTORY · CIP 54
COMMUNICATION & JOURNALISM · CIP 09
FINANCIAL OUTCOME · ILLUSTRATION
Estimate the financial outcome at Drake University
Pick a program. Cost from Scorecard net price by family income; earnings from Treasury 5-year-post-completion median, projected forward with a Mincer age-earnings curve. The selection-bias toggle applies the Dale-Krueger shrinkage. Outcomes illustration, not a forecast — see methodology.
Shrinks the earnings premium toward the matched-applicant mean. STEM <15%, business ~40%, arts & education ~60%.
NET PRESENT VALUE
$538,250
Over 40 years, discounted 5.0%
BREAKEVEN
Year 15
First year cumulative discounted earnings cross zero
- Cost per year
- $26,358
- HS-only baseline · IA
- $36,800
- Years to complete
- 7
- CIP family
- 22
Outcomes illustration · not a forecast. Projects observed Scorecard earnings forward with a Mincer age-earnings curve under your assumptions. See methodology for the math.
SECTION 07 · SIMILAR INSTITUTIONS
Institutions similar to Drake University in Iowa
Picked by Carnegie sector × predominant credential level. These are not rankings — just nearest-neighbour surfaces for comparison.
CAUSAL DISCIPLINE
“Drake University graduates earn $X” — not “Drake University makes you earn $X”
Median earnings describe what cohorts earned. They do not describe what attending Drake University caused. Selection effects (who admits, who enrolls, who completes) are real. We publish federal data with strict descriptive phrasing — and link the methodology where you can read about the limitations directly.