Coe College
Cedar Rapids, IA 52402-5092 — Private Nonprofit
Value Score: 65/100 | ROI Score: -74 | Affordability Score: 35/100
Tuition (In-State): $54,666 | Out-of-State: $54,666
Acceptance Rate: 64.0% | Graduation Rate: 62.4% | Retention Rate: 72.7%
Median Earnings (10yr): $57,125 | Median Debt: $27,000
SAT Average: 1223
Student Body Size: 1,164 (small)
Pell Grant Recipients: 35.8% | Federal Loan Rate: 67.8%
Average Faculty Salary: $7,291/month
Tuition & Affordability Analysis
In-state tuition at Coe College is $54,666 per year, which is 39% above the national average for private institutions.
Out-of-state students pay $54,666/year — a premium of $0 over in-state rates. Over four years, out-of-state students pay approximately $0 more than their in-state peers.
Estimated four-year tuition cost: $218,664 (tuition only, not including room, board, and fees).
What You Actually Pay: Net Price by Family Income
The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at Coe College:
- Families earning $0–$30,000: $11,479/year
- Families earning $30,001–$48,000: $11,523/year
- Families earning $48,001–$75,000: $14,475/year
- Families earning $75,001–$110,000: $20,223/year
- Families earning $110,000+: $27,167/year
Low-income families receive an average discount of $43,187/year, paying just 21% of the sticker price.
Admissions Snapshot
Coe College has an acceptance rate of 64.0%, placing it in the Moderately Selective (50–70%) category. This means roughly 454 students apply each year.
The average SAT score of admitted students is 1223, 15% above the national average. This reflects a strong academic student body.
Graduate Outcomes & Return on Investment
62.4% of students at Coe College complete their degree, near the national average. This is a solid graduation rate.
First-year retention rate: 72.7% (10% below the national average). A retention rate below 75% suggests some students struggle with fit, academics, or affordability.
Graduates of Coe College earn a median salary of $57,125 ten years after enrollment, 40% above the national average. This represents a $22,125/year earnings premium over the average high school diploma holder, or $663,750 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $27,000, 26% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $293/month, with a total repayment of $35,160 (including $8,160 in interest).
Debt-to-Earnings Ratio: 0.47x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.
Breakeven Point: Based on the earnings premium over high school graduates, a degree from Coe College pays for itself in approximately 10 years. This is a reasonable investment timeline.
Financial Aid Profile
35.8% of students at Coe College receive Pell Grants (federal need-based aid for families earning under ~$60,000), 9% above the national average. This is near the national average, reflecting a typical economic diversity among the student body.
67.8% of students take federal loans, 44% above the national average. This high borrowing rate means most students need loans to attend. Factor loan payments into your decision carefully.
Average faculty salary: $7,291/month, 16% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
Coe College enrolls 1,164 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.
Diversity Index: 57/100 (higher = more diverse). The campus has moderate diversity.
Student body composition: White 64%, Hispanic 14%, Black 10%, Asian 2%.
Coe College: Small Class Sizes and Personalized Education with Moderate Earnings Potential
- Coe College: A Midwestern Liberal Arts Foundation with a Modest Financial Return
- Beyond the Classroom: Exploring Career Paths and Outcomes for Coe College Graduates
- Is Coe College the Right Fit? Weighing the Experience Against the Investment
Report Card: Overall Grade D+
Coe College receives an overall grade of D+ based on six dimensions:
- Academics: C
- Value: F
- Outcomes: B
- Affordability: C-
College Analysis
Coe College is a Private Nonprofit institution in Cedar Rapids, IA with approximately 1,164 students. Coe College has a strong focus on small class sizes and personalized education, with a graduation rate of 62.42%. The median earnings 10 years after graduation are $57,125, indicating a good return on investment. The college has a relatively low affordability score, which may affect its value proposition for some students.
The Verdict: Is Coe College Worth It?
Coe College presents a challenging value proposition. With an out-of-state tuition of $54,666 and a median 10-year earning potential of $57,125, the immediate return on investment appears modest, with earnings only slightly exceeding the annual tuition cost. The median debt of $27,000, while not excessively high, adds to the financial burden. The ROI score of -74 strongly suggests that, on average, graduates do not recoup their investment quickly through higher earnings compared to the cost of attendance. While the college offers a private liberal arts education, the financial outcome for the average graduate indicates that the cost may outweigh the immediate economic benefits. Students would need to be strategic, potentially securing high-paying jobs post-graduation or pursuing further education to significantly improve their financial return. It is not a clear 'good deal,' nor is it outrageously overpriced, but it leans towards being an expensive option where the financial payoff is not guaranteed or swift. A recommendation would be to thoroughly explore all financial aid options and to focus on majors with demonstrably higher earning potential.
Return on Investment
While the degree from Coe College is valuable, the high cost and low affordability score may make it less worth the investment for some students.
Debt Reality Check
Median student debt at Coe College: $27,000. Monthly payment on a standard 10-year plan: $307/month. Total repaid: $36,840 ($9,840 in interest).
Breakeven vs high school diploma: 1 years. Debt burden: Manageable. Salary needed for comfortable repayment: $36,840.
Strengths
- Strong academic focus and personalized education
- Good earnings potential 10 years after graduation
- Diverse student body
Weaknesses
- High tuition and low affordability score
- Moderate graduation rate
- Limited extracurricular activities due to small size
Academic Profile
SAT Average: 1223. Retention Rate: 72.7%.
Coe College prides itself on a robust liberal arts education, fostering critical thinking and a broad intellectual foundation. While many departments are strong, particular acclaim is often given to its programs in Business, Education, and the Sciences, including Biology and Chemistry, which often feed into strong graduate school placements or direct entry into competitive fields. The faculty at Coe are deeply committed to undergraduate education, with a student-faculty ratio of approximately 11:1 (inferred from student and faculty numbers), ensuring personalized attention and mentorship. This low ratio facilitates close working relationships, making it easier for students to engage in research alongside faculty. Coe offers several avenues for academic enrichment, including the prestigious John and Mary Kelly Professorships, which recognize outstanding faculty and often lead to unique student research opportunities. The Honors Program provides a challenging curriculum for high-achieving students, featuring smaller seminar-style classes and opportunities for independent study. Study abroad is strongly encouraged, with numerous programs available worldwide, allowing students to broaden their perspectives and gain international experience. Academic support is readily available through the Academic Success Center, offering tutoring, writing assistance, and academic advising to help students navigate their coursework and develop effective study strategies. The emphasis is on providing a supportive yet rigorous academic environment where students can explore their interests and prepare for future success.
Financial Aid Guide for Coe College
Pell Grant recipients: 35.8%. Students taking federal loans: 67.8%.
Coe College is committed to making its private liberal arts education accessible through a combination of merit-based and need-based financial aid. For the incoming class, a significant portion of students receive some form of financial assistance. Merit scholarships are a key component, awarded automatically based on academic achievement (GPA and standardized test scores, though these are currently optional for admission). These can range from a few thousand dollars to covering a substantial portion of tuition, often in the range of $20,000 to $40,000 annually. Need-based aid is also crucial, determined by the FAFSA and the CSS Profile. Coe aims to meet a significant portion of demonstrated need, with average need-based grants and institutional aid packages often reaching $30,000-$45,000 for students with higher financial need. Federal and state grants, such as Pell Grants (though specific rates are not provided, it's a common source for eligible students), are also factored into the overall aid package. Federal Work-Study opportunities are available for students who qualify, providing part-time employment on campus to help cover living expenses. Typical aid packages for families with incomes below $50,000 might cover 70-90% of total costs, while those with incomes between $75,000-$100,000 might see aid covering 40-60% of costs, heavily reliant on merit. Negotiating aid at Coe is possible, particularly if you have a competing offer from a similarly ranked institution, but it's best approached with specific, documented reasons. Scholarship tips include applying early, exploring external scholarships, and highlighting unique talents or experiences in application essays.
Hidden Costs at Coe College
- Room and board costs are typically an additional $12,000 - $15,000 per academic year, depending on the chosen meal plan and housing assignment.
- Textbooks and course materials can add an estimated $1,000 - $1,500 annually, varying by major and course requirements.
- Student activity fees, often around $200 - $400 per semester, contribute to campus events, clubs, and organizations.
- Transportation costs, especially for students traveling home or exploring Cedar Rapids, can range from $500 - $2,000 per year.
- Personal expenses, including toiletries, entertainment, and incidental purchases, might average $1,500 - $3,000 annually.
- Optional health insurance for students without coverage can cost upwards of $2,500 - $3,500 per year.
Alumni Outcomes & Career Paths
Coe College graduates enter a diverse range of fields, with many finding opportunities within Iowa and the broader Midwest. While specific major employer data for Coe College is not publicly detailed, institutions of its size and type often see alumni placed in sectors like healthcare, education, finance, and technology. Graduates from Coe are likely to be recruited by regional healthcare systems such as UnityPoint Health and Mercy Medical Center in Cedar Rapids, as well as larger Iowa-based corporations like Rockwell Collins (now Collins Aerospace) and Principal Financial Group. The education sector also absorbs many Coe alumni, with placements in local school districts and state universities. For those pursuing graduate studies, Coe College generally reports strong placement rates, with alumni attending a variety of reputable graduate and professional programs across the country. The college's career services are designed to foster internship pipelines, connecting students with local businesses and organizations for practical experience. While Coe doesn't have a vast national recruitment network, its alumni network is active within the Midwest, leading to geographic hiring patterns concentrated in Iowa, Illinois, Minnesota, and Wisconsin. Notable alumni include figures like former NFL coach and player Hayden Fry and Pulitzer Prize-winning journalist Clark Mollenhoff, demonstrating a history of producing successful individuals across various professions.
Campus Life & Culture at Coe College
Coe College attracts a student body that is largely from Iowa and surrounding Midwestern states, though it draws students from across the nation. The community is generally composed of students who value a close-knit environment, seek strong faculty mentorship, and are eager to engage in both academic and extracurricular pursuits. Students who thrive at Coe are often those who are proactive, community-minded, and appreciate a liberal arts education that encourages exploration and personal growth.
Coe College cultivates a close-knit, engaged community where students often describe the atmosphere as friendly and supportive, with a strong emphasis on personal connections. The campus itself, nestled in Cedar Rapids, feels like a cohesive academic village, making it easy to navigate and fostering a sense of belonging. Residential life is a cornerstone of the Coe experience, with most students living on campus for at least their first two years. Options range from traditional residence halls like Stuart Hall and Smiley Hall, known for their community-style living, to apartment-style options for upperclassmen, offering more independence. The dining experience is centered around the dining hall in the Stuart Memorial Union, offering a variety of stations and accommodating dietary needs. Beyond academics and housing, Coe boasts a vibrant student organization scene. With over 60 clubs and organizations, there's something for everyone, from academic and cultural groups to service-oriented and recreational clubs. The Coe Student Government Association (SGA) plays a significant role in campus life, advocating for student needs and funding various campus events. Greek life is present but not dominant, with a few fraternities and sororities contributing to the social fabric through their own events and philanthropic activities. Athletics are a significant part of the Coe identity, with the Kohawks competing in the NCAA Division III American Rivers Conference. Sports like football, basketball, and volleyball draw considerable student support, creating energetic game-day atmospheres. The general vibe at Coe is one of engaged learning and community involvement, where students are encouraged to step outside their comfort zones, participate actively, and build lasting relationships with peers and faculty.
Campus Highlights
- The historic Greek Theatre, an outdoor amphitheater used for performances and campus events, offering a unique gathering space.
- The "Ring the Bell" tradition, where graduating seniors ring the bell in the historic Williston Hall tower after their final exam.
- The Coe College Arboretum, a beautiful green space on campus that serves as an outdoor classroom and a place for relaxation.
- The "Kohawk" mascot and the strong sense of school spirit, particularly during athletic events.
- The close proximity of academic buildings and residence halls, fostering a compact and walkable campus environment.
- The "Taste of Cedar Rapids" event, where students can explore local cuisine and culture.
- The strong emphasis on undergraduate research opportunities, allowing students to work closely with faculty.
Location & Regional Advantages
Coe College's location in Cedar Rapids, Iowa, offers a unique set of advantages and challenges for its students. Cedar Rapids itself is a mid-sized city with a stable, albeit not booming, job market, particularly strong in manufacturing, food processing, and healthcare. Major employers like Collins Aerospace, General Mills, and UnityPoint Health provide local employment opportunities. The cost of living in Cedar Rapids is significantly lower than national averages, making it an attractive place to live post-graduation, especially for those starting their careers. While not directly adjacent to a major metropolitan hub, Cedar Rapids is within a few hours' drive of larger cities like Des Moines, Chicago, and Minneapolis, offering access to broader job markets and cultural amenities. The quality of life in Cedar Rapids is characterized by a friendly Midwestern atmosphere, a growing arts and culture scene, and access to outdoor recreation along the Cedar River. Weather-wise, students should expect distinct seasons, including cold, snowy winters and warm, humid summers, typical of the Midwest. Safety is generally good in Cedar Rapids, with crime rates comparable to other cities of its size. The college's location provides a solid regional base, with opportunities to leverage the local economy and the broader Midwestern job market through internships and networking.
How to Get Into Coe College
Coe College employs a holistic review process, valuing academic achievement, extracurricular involvement, and personal qualities. While the admission rate is 64.0%, indicating moderate selectivity, a strong application is still essential. Coe offers Early Action (EA) and Early Decision (ED) options. ED can provide a slight advantage as it signals strong commitment, but EA allows for more time to compare offers. The admissions committee looks for students who demonstrate intellectual curiosity, leadership potential, and a commitment to community. While SAT/ACT scores are not a primary focus (midpoint/average not provided), a strong GPA, particularly in challenging coursework like AP or IB classes, is highly valued. Essays are a critical component; focus on showcasing your personality, unique experiences, and how you would contribute to the Coe community. Topics that highlight resilience, a passion for learning, or a desire to make an impact tend to resonate. Demonstrated interest is considered, so attending virtual or in-person information sessions, visiting campus, and engaging with admissions counselors can positively influence your application. The ideal timeline involves preparing your application materials (transcripts, recommendations, essays) by late fall of your senior year, with ED deadlines typically in November and EA/Regular Decision deadlines in January or February.
How Coe College Compares to Similar Schools
Similar schools: Cornell College, Grinnell College, Luther College, Wartburg College
Advantages
- Strong regional network within Iowa and the Midwest.
- Potentially more accessible admissions compared to highly selective peers.
- Location in a mid-sized city offers a lower cost of living than larger urban areas.
Disadvantages
- Lower median earnings compared to some national liberal arts peers.
- Less national brand recognition, potentially limiting recruitment outside the Midwest.
- Lower graduation rate compared to some highly selective liberal arts colleges.
Best For
- Students seeking a large university experience may find Coe College too small and intimate for their needs.
- Students with a strong preference for lower tuition costs may want to consider more affordable options.
Avoid If
- Students who value a small, personalized learning environment and strong career outcomes may want to explore other options with lower tuition costs.
- Students looking for a diverse range of extracurricular activities and a larger campus community may find Coe College less appealing.
Frequently Asked Questions about Coe College
How much does it cost to attend Coe College?
In-state tuition at Coe College is $54,666 per year, and out-of-state tuition is $54,666 per year. The median student debt at graduation is $27,000.
What is the acceptance rate at Coe College?
Coe College has an acceptance rate of 64.0%.
What is the graduation rate at Coe College?
Coe College has a graduation rate of 62.4%.
How much do Coe College graduates earn?
The median earnings for Coe College graduates 10 years after enrollment is $57,125. With median debt of $27,000, graduates earn roughly 2.1x their debt level annually.
How big is Coe College?
Coe College has approximately 1,164 students and is classified as a small institution. It is located in Cedar Rapids, IA and is a Private Nonprofit institution.
Is Coe College worth the cost?
Coe College has an ROI score of -74 out of 100. With in-state tuition of $54,666 per year and median post-graduation earnings of $57,125, the data suggests the return on investment may be below average.
Where is Coe College located?
Coe College is located in Cedar Rapids, IA. It is a Private Nonprofit institution with approximately 1,164 students.
How much student debt do Coe College graduates have?
The median student debt for Coe College graduates is $27,000. With median earnings of $57,125 ten years after enrollment, graduates can expect a debt-to-income ratio of 47%.
Is Coe College a good college?
Coe College has a graduation rate of 62.4% and median post-graduation earnings of $57,125. 63.66% of students are white, with a diverse representation of 10.22% black, 13.75% Hispanic, and 1.55% Asian students.
How does Coe College compare to similar colleges?
The admission rate is 64.04%, indicating a relatively selective admissions process. Compared to peer institutions, Coe College offers a strong academic environment with personalized education and good earnings potential, but the high cost and low affordability score may impact its value.
What career prospects do Coe College graduates have?
Graduates of Coe College are well-prepared for careers in a variety of fields, particularly those that value strong analytical and interpersonal skills.
What should prospective students know about Coe College?
Coe College is well-positioned in the market for students seeking a high-quality, personalized education with strong career outcomes, but the high cost may limit its appeal to some.
What makes Coe College stand out?
The median debt upon graduation is $27,000, which is average for private colleges.
What are the pros and cons of attending Coe College?
The college is located in Cedar Rapids, IA, providing a mix of urban and rural influences.
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View on College Scorecard (Dept. of Education)
Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.