Peru State College
Peru, NE 68421-0010 — Public
Value Score: 65/100 | ROI Score: 36 | Affordability Score: 90/100
Tuition (In-State): $8,640 | Out-of-State: $8,640
Graduation Rate: 37.7% | Retention Rate: 64.5%
Median Earnings (10yr): $47,071 | Median Debt: $21,875
Student Body Size: 1,092 (small)
Pell Grant Recipients: 36.9% | Federal Loan Rate: 44.4%
Average Faculty Salary: $8,181/month
Tuition & Affordability Analysis
In-state tuition at Peru State College is $8,640 per year, which is 21% below the national average for public institutions.
Out-of-state students pay $8,640/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: $34,560 (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 Peru State College:
- Families earning $0–$30,000: $9,986/year
- Families earning $30,001–$48,000: $9,779/year
- Families earning $48,001–$75,000: $12,845/year
- Families earning $75,001–$110,000: $12,313/year
- Families earning $110,000+: $13,450/year
Graduate Outcomes & Return on Investment
37.7% of students at Peru State College complete their degree, 39% below the national average. This low graduation rate is a significant concern that prospective students should weigh carefully.
First-year retention rate: 64.5% (20% below the national average). A retention rate below 75% suggests some students struggle with fit, academics, or affordability.
Graduates of Peru State College earn a median salary of $47,071 ten years after enrollment, 15% above the national average. This represents a $12,071/year earnings premium over the average high school diploma holder, or $362,130 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $21,875, near the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $237/month, with a total repayment of $28,440 (including $6,565 in interest).
Debt-to-Earnings Ratio: 0.46x. 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 Peru State College pays for itself in approximately 3 years. This is an excellent return on investment.
Financial Aid Profile
36.9% of students at Peru State College receive Pell Grants (federal need-based aid for families earning under ~$60,000), 12% above the national average. This is near the national average, reflecting a typical economic diversity among the student body.
44.4% of students take federal loans, 5% below the national average. This is a moderate borrowing rate.
Average faculty salary: $8,181/month, 6% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
Peru State College enrolls 1,092 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.
Diversity Index: 53/100 (higher = more diverse). The campus has moderate diversity.
Student body composition: White 66%, Hispanic 10%, Black 14%, Asian 0%.
Peru State College: Small Public Institution with Affordable Tuition and Below-Average Outcomes
- Peru State College: Affordable Education, Midwestern Roots, and Your Career Launchpad
- Unlock Your Potential: How Peru State College Graduates Thrive in Regional Industries
- Beyond the Classroom: The Value and Experience of a Peru State College Education
Report Card: Overall Grade C
Peru State College receives an overall grade of C based on six dimensions:
- Academics: D
- Value: C-
- Outcomes: C+
- Affordability: B+
College Analysis
Peru State College is a Public institution in Peru, NE with approximately 1,092 students. Academics: Peru State College has a graduation rate of 37.67%, slightly below the national average for public institutions. Value: The college offers a relatively low tuition rate, making it affordable for in-state and out-of-state students. Outcomes: Graduates earn a median salary of $47,071 after 10 years, which is below the national average for similar institutions.
The Verdict: Is Peru State College Worth It?
Peru State College presents a complex value proposition. With an in-state and out-of-state tuition of $8,640, it is one of the more affordable public institutions. However, the median 10-year earnings of $47,071 are modest, and the median debt of $21,875 is substantial relative to these earnings. The ROI score of 36, while not explicitly defined here, suggests a moderate return on investment. A direct comparison shows that the median 10-year earnings are roughly 5.4 times the annual tuition cost, which is a reasonable ratio. The debt payoff timeline, assuming a standard 10-year repayment plan and a portion of the median debt, would likely take several years, potentially impacting immediate financial flexibility. The graduation rate of 37.7% is a concern, indicating that a significant portion of students do not complete their degrees, which can lead to debt without the intended earning potential. For students seeking a foundational education in specific fields and who are highly motivated to leverage regional opportunities or pursue further education, Peru State College can be a decent, albeit not exceptional, value. However, for those expecting a high-earning career immediately after graduation or seeking a broad national job market presence, the value proposition is less compelling. It's a potentially good deal for budget-conscious students with clear career goals aligned with regional employment, but requires careful planning and effort to maximize outcomes.
Return on Investment
While the tuition is affordable, the low graduation rate and below-average earnings after 10 years suggest that the degree may not be as valuable as at some other institutions.
Debt Reality Check
Median student debt at Peru State College: $21,875. Monthly payment on a standard 10-year plan: $248/month. Total repaid: $29,760 ($7,885 in interest).
Breakeven vs high school diploma: 1.3 years. Debt burden: Manageable. Salary needed for comfortable repayment: $29,760.
Strengths
- Affordable tuition
- High affordability score
Weaknesses
- Below-average graduation rate
- Below-average median earnings after 10 years
Academic Profile
Retention Rate: 64.5%.
Peru State College prides itself on providing accessible, quality education with a strong emphasis on undergraduate teaching. While specific faculty salary data isn't readily available, the college's public status and commitment to affordability suggest a dedicated faculty focused on student success rather than research-heavy careers. The relatively small student body likely translates to a favorable student-faculty ratio, allowing for more personalized attention and mentorship. Notable academic strengths lie within its traditional liberal arts offerings and robust professional programs. The School of Education is a long-standing pillar, preparing educators for roles across Nebraska and beyond. The School of Business offers practical degrees in areas like Management and Marketing, equipping students for the regional workforce. The Division of Natural Sciences provides opportunities for hands-on learning, particularly in Biology and Chemistry, with potential for undergraduate research assisting faculty on local ecological studies or analytical projects. The Division of Humanities and Fine Arts fosters critical thinking and creativity through programs in English, History, and Art. Peru State also offers an Honors Program for high-achieving students, providing enriched coursework and opportunities for leadership. Academic support is readily available through the Learning Center, offering tutoring and academic advising to help students navigate their coursework and stay on track toward graduation. While study abroad opportunities may be less extensive than at larger institutions, the college facilitates international experiences that broaden students' perspectives.
Financial Aid Guide for Peru State College
Pell Grant recipients: 36.9%. Students taking federal loans: 44.4%.
Navigating financial aid at Peru State College is designed to be straightforward, focusing on making education accessible. As a public institution, Peru State is committed to offering affordable tuition, with in-state and out-of-state rates being identical at $8,640 annually. Merit-based aid is available in the form of scholarships, often awarded automatically based on academic achievement (GPA and ACT scores, though specific thresholds are not publicly detailed). Prospective students should actively seek out departmental scholarships and the general Peru State scholarships, often requiring separate applications and essays, which can significantly reduce the cost of attendance. Need-based aid, primarily through Federal Pell Grants and state grants, is crucial for many students. Families with an Expected Family Contribution (EFC) below a certain threshold will likely qualify for these grants, which do not need to be repaid. The Federal Direct Loan program is another significant source of funding, offering subsidized and unsubsidized loans. Work-study opportunities are also available, providing part-time employment on campus for students who demonstrate financial need. For a student with an EFC of $0, a typical aid package might include Pell Grants (up to $7,395 for 2023-2024), state grants, federal loans, and potentially work-study, covering a substantial portion of tuition, fees, and living expenses. For families with a moderate EFC, the package would likely consist more heavily of federal loans and merit scholarships. Negotiating aid at Peru State is generally less common than at highly selective private institutions; however, significant changes in financial circumstances can be discussed with the financial aid office, and they are typically responsive to documented hardship.
Hidden Costs at Peru State College
- Room and board costs can add approximately $7,000 - $9,000 per academic year, depending on the chosen meal plan and residence hall.
- Textbooks and course materials can range from $800 to $1,200 annually, with costs varying significantly by major and specific course requirements.
- Student fees, including technology and activity fees, typically add around $500 - $700 per semester.
- Transportation costs, especially for students commuting or traveling home frequently, can add several hundred dollars per year for gas and vehicle maintenance.
- Parking permits for on-campus parking can cost between $50 and $100 per academic year.
- Personal expenses, such as toiletries, laundry, entertainment, and snacks, can easily amount to $1,000 - $2,000 annually.
- Health insurance, if not covered by a parent's plan, can add another $1,000 - $3,000 per year.
Alumni Outcomes & Career Paths
Peru State College, a public institution in Peru, Nebraska, offers a pathway to a variety of career fields, though specific employer recruitment data and detailed alumni clustering are not readily available in public databases. However, given its location and program offerings, graduates likely find opportunities within regional sectors. Common industries for graduates from similar Midwestern public colleges often include education, healthcare, business administration, and agriculture. For instance, alumni might pursue roles in local school districts like the Auburn Public Schools or Peru Public Schools, or within healthcare systems such as CHI Health in nearby Auburn or Lincoln. Business administration graduates could find positions in regional banks like Premier Bank or in manufacturing firms in the broader Omaha-Lincoln corridor. While specific graduate school placement rates are not published, a strong undergraduate foundation in fields like biology or chemistry could lead to further studies in health professions or scientific research. Notable alumni are not widely publicized, suggesting a focus on community impact rather than national recognition. Career services at Peru State College likely focus on resume building, interview preparation, and connecting students with local and regional internship opportunities. Internship pipelines might be strongest in fields aligned with faculty expertise, potentially including education practicums, business internships with local enterprises, and agricultural science placements. Geographic hiring patterns for Peru State College graduates tend to concentrate within Nebraska, particularly in the southeastern region and extending to the larger metropolitan areas of Lincoln and Omaha, due to established professional networks and proximity.
Campus Life & Culture at Peru State College
Peru State College primarily serves students from Nebraska, with a strong representation from the surrounding southeastern region. The student body is largely composed of traditional-aged undergraduates seeking accessible and affordable degree programs. Students who thrive here are often those who appreciate a close-knit community, value direct interaction with faculty, and are looking for a supportive environment to begin or continue their higher education journey.
Peru State College, nestled in the picturesque Loess Hills of Peru, Nebraska, offers a close-knit campus experience that truly embodies the spirit of a small, community-focused institution. With an undergraduate population of just over 1,000 students, you'll quickly find yourself recognizing familiar faces across campus, fostering a strong sense of belonging. The 'Bobcat' spirit is palpable, especially during athletic events, where students rally behind their teams in the historic Oak Bowl stadium. Social life here isn't about sprawling nightlife; it's more about genuine connections forged through shared experiences. Student organizations are the heartbeat of campus life, ranging from academic clubs like the Education Club and the Business Professionals of America to interest-based groups such as the Art Club and the Campus Activities Board, which is responsible for organizing popular events like the annual Homecoming bonfire and movie nights. Residence halls, such as Morgan Hall and Oakhaven, are central to the student experience, providing a convenient and communal living environment. While Greek life isn't a dominant force, the college does have a few active fraternities and sororities that contribute to the social fabric. Dining is handled primarily through the Peru State Dining Hall, offering a traditional campus meal plan experience. The overall vibe is one of friendly interaction, academic focus, and a deep appreciation for the natural beauty of the surrounding area. Students often describe Peru State as a place where they can get involved, make a difference, and feel supported by faculty and peers alike, creating a truly memorable college journey.
Campus Highlights
- The historic Peru State College Auditorium, a landmark on campus, hosts performances and events.
- The scenic location in the Loess Hills offers unique natural beauty and outdoor recreational opportunities.
- The 'Bobcat' mascot and strong athletic traditions, particularly in football and basketball.
- A strong sense of community fostered by the small student population and close faculty relationships.
- The commitment to affordability and accessibility as Nebraska's first institution of higher learning.
- The Peru State Arboretum, providing a living laboratory for students and a beautiful campus space.
- The annual Homecoming celebration, a cherished tradition that brings alumni and current students together.
Location & Regional Advantages
Peru State College's location in Peru, Nebraska, offers a unique set of regional advantages and challenges for its students. Situated in a rural setting along the Missouri River, the immediate job market is relatively small, emphasizing local community needs in sectors like education, small business, and agriculture. However, this location provides a distinct advantage in terms of cost of living, which is significantly lower than in major metropolitan areas. This affordability can make managing student debt more feasible. Proximity to larger industry hubs is a key consideration; while Peru itself is rural, it is within a reasonable driving distance (approximately 1-1.5 hours) of Lincoln and Omaha, Nebraska's two largest cities. These hubs offer more diverse and abundant career opportunities in sectors such as finance, insurance, technology, healthcare, and manufacturing. The quality of life in Peru is characterized by a close-knit community and access to outdoor recreational activities along the river. Weather is typical of the Midwest, with distinct seasons including warm summers and cold winters. Safety is generally high in rural Nebraska communities. The geographic positioning means that while students may gain a strong sense of community and affordability during their studies, they will likely need to consider relocating or commuting to larger centers for broader post-graduation career prospects, especially in specialized or high-growth industries.
How to Get Into Peru State College
Peru State College employs a straightforward admissions process, prioritizing accessibility for students who meet basic academic criteria. While there isn't a highly competitive admissions environment, demonstrating a genuine interest in the college and presenting a solid academic record are key. The college does not appear to offer Early Decision or Early Action, so the focus is on the standard application timeline. Admissions counselors look for students who have completed a college preparatory curriculum in high school and show a commitment to academic success. While specific GPA and test score ranges are not published, applicants with a GPA of 2.5 or higher and ACT scores in the mid-to-high teens are generally considered strong candidates. Essays are typically not a primary focus, but a well-written personal statement can help an applicant stand out, especially if it highlights their reasons for choosing Peru State or their future aspirations. Demonstrated interest can be shown by visiting campus, attending virtual information sessions, or engaging with admissions representatives. The application deadline is usually in late July for the fall semester, but applying earlier is always recommended to ensure full consideration for scholarships and housing. Focus on showcasing your engagement in extracurricular activities and any leadership roles you've held, as these demonstrate well-roundedness.
How Peru State College Compares to Similar Schools
Similar schools: University of Nebraska Kearney, Wayne State College, Chadron State College, Minot State University
Advantages
- Lower tuition compared to some regional public universities.
- Strong sense of community and personalized attention due to smaller size.
- Focus on practical, career-oriented programs relevant to Nebraska's economy.
Disadvantages
- Limited program diversity compared to larger state universities.
- Fewer extensive internship and job placement networks outside of Nebraska.
- Lower national recognition and alumni network reach.
Best For
- Prospective students who prioritize affordability and are willing to accept a lower graduation rate and median earnings should consider Peru State College.
- Students seeking a diverse student body and a wide range of academic programs may want to explore other options.
Avoid If
- Students looking for a high-earning potential or a high graduation rate may want to avoid Peru State College.
- Those seeking a large campus with extensive resources and a diverse student population should consider other institutions.
Frequently Asked Questions about Peru State College
How much does it cost to attend Peru State College?
In-state tuition at Peru State College is $8,640 per year, and out-of-state tuition is $8,640 per year. The median student debt at graduation is $21,875.
What is the graduation rate at Peru State College?
Peru State College has a graduation rate of 37.7%.
How much do Peru State College graduates earn?
The median earnings for Peru State College graduates 10 years after enrollment is $47,071. With median debt of $21,875, graduates earn roughly 2.2x their debt level annually.
How big is Peru State College?
Peru State College has approximately 1,092 students and is classified as a small institution. It is located in Peru, NE and is a Public institution.
Is Peru State College worth the cost?
Peru State College has an ROI score of 36 out of 100. With in-state tuition of $8,640 per year and median post-graduation earnings of $47,071, the data suggests the return on investment may be below average.
Where is Peru State College located?
Peru State College is located in Peru, NE. It is a Public institution with approximately 1,092 students.
How much student debt do Peru State College graduates have?
The median student debt for Peru State College graduates is $21,875. With median earnings of $47,071 ten years after enrollment, graduates can expect a debt-to-income ratio of 46%.
Is Peru State College a good college?
Peru State College has a graduation rate of 37.7% and median post-graduation earnings of $47,071. The college has a high percentage of white students (66.48%) and a low percentage of Asian students (0.46%).
How does Peru State College compare to similar colleges?
The median student debt is $21,875, which is above the national average for public institutions. Compared to peer institutions, Peru State College offers a lower tuition rate but has a below-average graduation rate and median earnings after 10 years.
What career prospects do Peru State College graduates have?
Graduates of Peru State College are well-prepared for entry-level positions in their chosen fields but may face challenges in securing higher-paying jobs.
What should prospective students know about Peru State College?
Peru State College is positioned in a competitive market where affordability is a key factor, but the institution needs to improve its graduation and earnings outcomes to attract more students.
What makes Peru State College stand out?
The college's size category is small, which may impact the range of academic programs and resources available.
What are the pros and cons of attending Peru State College?
The graduation rate is 37.67%, which is below the national average for public institutions.
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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.