Is Allen College worth it?
Waterloo, IA · private-nonprofit
Verdict
Typical students pay $0 a year after aid, graduate with $18,750 in federal debt, and earn $65,078 six years after enrolling — an estimated monthly loan payment of $201, with a debt break-even of about 2.9 years.
Net price / year
$0
Admission rate
0%
Graduation rate
—
Median debt
$18,750
Earnings (6 yr)
$65,078
Earnings (10 yr)
$71,261
Est. monthly loan payment
$201
Loan-to-income ratio
29%
Debt break-even
2.9 years
How Allen College compares
FAQ
How much does it cost to attend Allen College?
The federal average net price after grants and scholarships is $0 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.
How much debt do Allen College graduates typically carry?
Students who complete a program at Allen College leave with a median federal debt of $18,750, based on the U.S. Department of Education's College Scorecard.
What do Allen College graduates earn?
Six years after enrolling, former students report median earnings of $65,078, drawn from federal tax records aggregated by the College Scorecard.
What is the graduation rate at Allen College?
Graduation rate data is not currently published for this school.
Is Allen College worth the debt?
Based on median debt and 6-year earnings, it would take roughly 2.9 years of 10% income allocation to pay off the typical debt load — compare that against your own expected major and career path before deciding.
Source: U.S. Department of Education College Scorecard.