Percentile rankings vs 1,600+ peer institutions. Higher is better.
Career OutcomesAzimuth ranks Allen College #1004 for overall value on Azimuth's composite among nonprofit four-year institutions. Graduates earn median 4-year earnings of $73,966, placing Allen College in the 74.5 percentile for median earnings four years after enrollment among nonprofit four-year institutions. Azimuth ranks Allen College #662 for mobility among nonprofit four-year institutions. --- Azimuth ranks Allen College among the top private four-year institutions for overall value, with strong graduate outcomes anchored in health professions. The institution's mobility ranking reflects its ability to support students into stable careers in high-demand healthcare fields.
Allen College is a private nonprofit institution in Waterloo, Iowa, specializing in health professions education. Azimuth ranks Allen College #1004 for overall value on Azimuth's composite among nonprofit four-year institutions. The college enrolls approximately 261 undergraduates, with 24.0% receiving Pell Grants. Where Allen College performs strongest is return on investment. Azimuth ranks Allen College #475 for return on investment among nonprofit four-year institutions. Graduates earn median 4-year earnings of $73,966, reflecting the strong labor-market demand for health professions graduates. The college's focused program portfolio in Health aligns directly with stable, well-compensated career pathways, positioning graduates for solid long-term financial outcomes. Access and mobility sit lower in the composite. Allen College sits in the 1.9 percentile for access and the 55.4 percentile for mobility among nonprofit four-year institutions. As a specialized health professions institution, the college serves a more defined student population than broad-based universities, which shapes both its enrollment profile and the geographic and career concentration of its graduates. For students committed to health careers and seeking strong earnings potential in a focused academic environment, Allen College delivers measurable financial returns aligned with the nation's sustained demand for healthcare professionals.
Allen College is a small, health-focused private institution with a tuition structure shaped by its specialized mission. The institution's net price varies by income level, though specific income-band figures are not available in this summary. Families should request detailed financial aid information directly from the institution's financial aid office to understand how their household income affects the actual cost of attendance. Allen College participates in federal financial aid programs, including Pell Grants and Direct Loans, and offers institutional aid to qualifying students. Median federal student loan debt at graduation is $18,750. Families using Parent PLUS borrow a median of $25,900; private or institutional loans may add further borrowing that falls outside these federal-only figures — see the Parent PLUS risk framework for how household context shapes PLUS decisions. For a graduate at the institution's median four-year earnings of $73,966, median federal debt of $18,750 projects to a monthly payment of about $212 under standard ten-year repayment. In a downside earnings scenario anchored on lower-earning program clusters, four-year earnings of $71,345 would shift the real affordability picture — a pattern worth exploring at the program level and with the institution's financial aid staff. For personalized projections across earnings scenarios — including Parent PLUS planning — use Azimuth's Financial GPS tool.
Allen College is a strong fit for students seeking a private nonprofit institution focused on health professions in IA, Midwest. Graduates earn median 4-year earnings of $73,966, placing Allen College in the 74.5 percentile for median earnings four years after enrollment among nonprofit four-year institutions. Azimuth ranks Allen College #475 for return on investment among nonprofit four-year institutions. The institution enrolls a significant share of Pell-eligible students — 24.0% of undergraduates receive Pell Grants — and delivers completion rates of 50.0%. Published cost of attendance is competitive for private institutions, and need-based aid helps close the gap for low-income families. Fit depends on interest in health professions, as Health programs dominate the program mix. Students pursuing careers in these fields will find strong outcomes and focused academic support.
This school profile was generated using Azimuth's proprietary ROI framework, developed by founder Daniel Rogers. Our methodology transforms federal education data into actionable insights for families.
College Azimuth is a private research initiative and is not affiliated with the U.S. Department of Education or Federal Student Aid. Data sourced from College Scorecard.
This content is for educational and informational purposes only and should not be construed as financial, investment, or professional advice. Consult a qualified advisor before making any financial decisions.
Comprehensive Analysis
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This is the Allen College hub overview page. Related admissions, cost, outcomes, majors, and similar-school pages provide the detailed school data.
Data not available for this income tier.
Based on federal data for students receiving aid. Actual costs may vary.
Allen College is a small, health-focused private institution with a tuition structure shaped by its specialized mission. The institution's net price varies by income level, though specific income-band figures are not available in this summary.
Families should request detailed financial aid information directly from the institution's financial aid office to understand how their household income affects the actual cost of attendance. Allen College participates in federal financial aid programs, including Pell Grants and Direct Loans, and offers institutional aid to qualifying students.
Median federal student loan debt at graduation is $18,750. Families using Parent PLUS borrow a median of $25,900; private or institutional loans may add further borrowing that falls outside these federal-only figures — see the [Parent PLUS risk framework](/analysis/ou-what-happens-when-parents-borrow-too/) for how household context shapes PLUS decisions.
For a graduate at the institution's median four-year earnings of $73,966, median federal debt of $18,750 projects to a monthly payment of about $212 under standard ten-year repayment. In a downside earnings scenario anchored on lower-earning program clusters, four-year earnings of $71,345 would shift the real affordability picture — a pattern worth exploring at the program level and with the institution's financial aid staff.
For personalized projections across earnings scenarios — including Parent PLUS planning — use [Azimuth's Financial GPS tool](/analysis/financial-gps-framework/).
Graduates of Allen College earn median 4-year earnings of $73,966, placing Allen College in the 74.5 percentile for median earnings four years after enrollment among nonprofit four-year institutions. That figure runs above the $57,042 median at comparable institutions (same control and size band).
Azimuth ranks Allen College #475 for return on investment among nonprofit four-year institutions. The earnings pattern reflects Allen College's concentrated focus on health-related fields, where graduates move directly into stable, in-demand roles with predictable salary progression.
The institution's program portfolio centers on health professions and nursing. Nursing is the largest program with 121 graduates earning median 4-year earnings of $73,177, representing 0.8× the national benchmark for the field.
The Clinical/Medical Laboratory Science/Research and Allied Professions program graduates 15 students with median 4-year earnings of $71,677, at 0.9× the benchmark. Allied Health Diagnostic, Intervention, and Treatment Professions rounds out the core offerings with 10 graduates earning $68,742.
This focused program mix — concentrated in Health — creates a coherent earnings profile where most graduates enter similar labor-market conditions and benefit from strong employer demand across IA's healthcare sector.
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
121 graduates
Clinical/Medical Laboratory Science/Research and Allied Professions
15 graduates
Allied Health Diagnostic, Intervention, and Treatment Professions
10 graduates
Allen College is a specialized health-sciences institution with a focused program portfolio concentrated in nursing, allied health, and clinical fields. The largest programs by enrollment are Nursing with 121 graduates earning median 4-year earnings of $73,177, followed by Clinical/Medical Laboratory Science/Research and Allied Professions with 15 graduates earning $71,677, and Allied Health Diagnostic, Intervention, and Treatment Professions with 10 graduates earning $68,742.
Across 0 ranked programs serving roughly 146 students annually, the institution's strength lies in direct-to-workforce health-care pathways where graduates enter stable, in-demand roles immediately after completion. The highest-earning programs reflect the institution's clinical and nursing focus.
Nursing leads with median 4-year earnings of $73,177 from 121 graduates, followed by Clinical/Medical Laboratory Science/Research and Allied Professions at $71,677 from 15 graduates, and Allied Health Diagnostic, Intervention, and Treatment Professions at $68,742 from 10 graduates. This earnings pattern is characteristic of health-professions education, where four-year outcomes reflect strong labor-market demand and relatively consistent wage trajectories across the program portfolio.
Allen College's program concentration in health fields positions graduates for careers in nursing, clinical practice, and allied health roles — sectors with sustained national demand and limited geographic constraint. The [supply and demand for college graduates](/analysis/supply-demand-map-college-degrees/) shows robust hiring and wage growth in health-care occupations, a dynamic that supports the institution's specialized mission and graduate outcomes.
For students committed to health-care careers, the focused program depth and direct employment pathways offer clarity and predictable financial outcomes.
