Waldorf University was founded in 1903 and is located in Forest City, Iowa. has a total of four thousand five hundred students, with two thousand six hundred enrolled in undergraduate programs. Despite a respectable seventy-five percent acceptance rate, the university faces challenges with a meager thirty-one percent graduation rate.
Many students go on to have a median salary of thirty-seven thousand dollars, but this only applies to those who end up graduating. Graduates are burdened with an average student loan debt of twenty-eight thousand dollars, and nearly ten percent default on their repayment. As one of Iowa’s more expensive colleges, Waldorf’s low graduation rate raises concerns about student debt and future earnings.