After Allen College: graduation, pay and debt

Waterloo, Iowa · Private · 261 undergrads

The typical student earns $74,338 ten years after starting and graduates leave with $12,500 in federal loans at the median.

The short answers

$74.3k

median pay 10 years after starting college.

$12.5k

median federal debt at graduation.

84%

of borrowers were paying down their loans three years after leaving.

All the federal numbers

Median pay 6 years after starting collegeCollege Scorecard

$70,691

Median pay 10 years after starting collegeCollege Scorecard, 2022-23

$74,338

Earning more than $25,000 six years after startingCollege Scorecard, earlier release

91%

Pay is for students who got federal aid and are working, counted from the year they started college, whether or not they finished.

Median federal debt, students who graduatedCollege Scorecard, 2024-25

$12,500

Median federal debt, everyone who borrowed (finished or not)College Scorecard, earlier release

$15,000

Median federal debt, students with a Pell GrantCollege Scorecard, earlier release

$15,000

Median federal debt, students without a Pell GrantCollege Scorecard, earlier release

$15,000

Paying down their loans 3 years after leavingCollege Scorecard, 2024-25

84%

Paying down their loans 5 years after leavingCollege Scorecard, earlier release

86%

Paying down their loans 7 years after leavingCollege Scorecard, earlier release

90%

Federal student loans only. Private loans and Parent PLUS loans aren't counted.

Where these numbers come from