Drake University graduates earn a median of $65,232 four years after completion, which is below the peer median of $68,250 among comparable institutions (same type and size) by $3,018. That median sits at the 66th percentile nationally.
Graduates earn about $7,139 less than the model expects for similar students, a result in the 28th percentile. Azimuth places the return pillar in the 64th percentile among nonprofit four-year institutions.
The part the model attributes to the factors it measures (field of study, enrollment and the local labor market) adds $6,408. The part it attributes to a remainder it does not explain subtracts $13,547.
Within the measured factors, the STEM component adds $1,021. The median earnings figure and the below-expectation result pull in opposite directions.
At Drake University, the median earnings for federally aided graduates who are working and not enrolled is $65,232 four years after completion. That is $3,018 below the $68,250 median for comparable institutions (same type and size), placing the university in the 66th percentile among nonprofit four-year institutions.
Graduates earn about $7,139 less than the model expects for similar students. The gap lands at the 28th percentile.
Earnings scenarios, estimated from the program mix, show the range: a typical scenario of $65,232, a downside scenario of $48,617, and an upside scenario of $87,532. An estimated 31.3% of graduates continue to graduate study, based on the program mix.
Drake University graduates who are working and not enrolled four years after completion earn a median of $65,232, in the 66th percentile among nonprofit four-year institutions. That figure is $3,018 below the $68,250 median for comparable institutions (same type and size).
Azimuth ranks Drake University #532 for return among nonprofit four-year institutions nationally. Graduates earn about $7,139 less than the model expects for similar students.
That places the gap at the 28th percentile. The part the model attributes to the factors it measures (field of study, enrollment and the local labor market) adds $6,408.
The part it attributes to a remainder it does not explain subtracts $13,547. Within the measured factors, the STEM component adds $1,021, and degrees concentrate in business with smaller showings in communication and social sciences.
Earnings scenarios, estimated from the program mix, range from $48,617 on the downside to $87,532 on the upside. An estimated 31.3% of graduates continue on to graduate study, based on the program mix.
Earnings four years after completion at Drake University vary widely by field, a spread captured by the earnings scenarios: the downside scenario sits at $48,617 while the upside scenario reaches $87,532, with the typical scenario at $65,232. Those scenarios are modeled from the university's 20 programs with published earnings data.
The highest-earning programs show what the upper end looks like. Management Science completers earn a median of $97,132, Computer and Information Sciences completers reach $90,639, and Economics completers earn $88,638. The lower-earning program clusters land closer to the downside scenario.
Graduates of Drake University earn about $7,139 less than the model expects for similar students. The median four-year earnings of $65,232 sit below the $68,250 median for comparable institutions (same type and size).
On the cost side, the average net price for aid recipients is $29,127, which is above the peer median by $1,756. The spread between the lowest and highest income bands is $7,302, with families earning under $30,000 averaging $25,824 and those earning over $110,000 averaging $33,126.
Borrowers who finish carry a median of $23,000 in federal student loans, below the peer median of $24,199. That debt corresponds to an estimated payment of $261 a month if repaid over ten years. Parents who borrow hold a separate median of $26,000 in Parent PLUS loans.