CollegeTuitionData — College Data in Plain English

Simpson College

Indianola, IA 50125 — Private Nonprofit

Value Score: 75/100 | ROI Score: -69 | Affordability Score: 35/100

Tuition (In-State): $47,656 | Out-of-State: $47,656

Acceptance Rate: 86.2% | Graduation Rate: 64.4% | Retention Rate: 81.3%

Median Earnings (10yr): $59,274 | Median Debt: $26,000

SAT Average: 1440 | ACT Midpoint: 24

Student Body Size: 1,227 (small)

Pell Grant Recipients: 34.6% | Federal Loan Rate: 70.6%

Average Faculty Salary: $6,723/month

Tuition & Affordability Analysis

In-state tuition at Simpson College is $47,656 per year, which is 21% above the national average for private institutions.

Out-of-state students pay $47,656/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: $190,624 (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 Simpson College:

  • Families earning $0–$30,000: $17,941/year
  • Families earning $30,001–$48,000: $15,764/year
  • Families earning $48,001–$75,000: $19,176/year
  • Families earning $75,001–$110,000: $22,468/year
  • Families earning $110,000+: $26,586/year

Low-income families receive an average discount of $29,715/year, paying just 38% of the sticker price.

Admissions Snapshot

Simpson College has an acceptance rate of 86.2%, placing it in the Open Admission (85%+) category. This means roughly 356 students apply each year.

Simpson College accepts the majority of applicants, making it an accessible option for students across a range of academic backgrounds.

The average SAT score of admitted students is 1440, 36% above the national average. This places Simpson College among the top-tier institutions for academic preparedness.

The ACT midpoint is 24, 14% above the national average.

Graduate Outcomes & Return on Investment

64.4% of students at Simpson College complete their degree, 4% above the national average. This is a solid graduation rate.

First-year retention rate: 81.3% (near the national average). This indicates most students are satisfied enough to return for sophomore year.

Graduates of Simpson College earn a median salary of $59,274 ten years after enrollment, 45% above the national average. This represents a $24,274/year earnings premium over the average high school diploma holder, or $728,220 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $26,000, 21% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $282/month, with a total repayment of $33,840 (including $7,840 in interest).

Debt-to-Earnings Ratio: 0.44x. 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 Simpson College pays for itself in approximately 8 years. This is a reasonable investment timeline.

Financial Aid Profile

34.6% of students at Simpson College receive Pell Grants (federal need-based aid for families earning under ~$60,000), 5% above the national average. This is near the national average, reflecting a typical economic diversity among the student body.

70.6% of students take federal loans, 50% 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: $6,723/month, 23% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.

Student Body & Campus Diversity

Simpson College enrolls 1,227 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.

Diversity Index: 46/100 (higher = more diverse). The student body is less diverse than average.

Student body composition: White 72%, Hispanic 13%, Black 4%, Asian 2%.

Simpson College: A Selective, Cost-Effective Option with Strong Earnings Potential

Report Card: Overall Grade D+

Simpson College receives an overall grade of D+ based on six dimensions:

  • Academics: D+
  • Value: F
  • Outcomes: B
  • Affordability: C-

College Analysis

Simpson College is a Private Nonprofit institution in Indianola, IA with approximately 1,227 students. Academics: Simpson College has a strong admission rate, indicating a selective admissions process. Value: The college's median debt is relatively low, making it a potentially cost-effective choice. Outcomes: Graduates have a median earning potential of $59,274 after 10 years, which is above average.

The Verdict: Is Simpson College Worth It?

Based on the data, Simpson College presents a challenging value proposition. With an in-state and out-of-state tuition of $47,656, the sticker price for a four-year degree approaches $190,000, not including living expenses. When compared to the median earnings of $59,274 ten years after enrollment, and a median debt of $26,000, the financial picture becomes concerning. The negative ROI Score of -69 strongly indicates that, for many, the investment does not yield a positive financial return over the long term, especially if paying full tuition. To put it plainly, Simpson College is overpriced at its sticker price. The median debt of $26,000, while not exorbitant, still represents a significant burden when paired with earnings that, while respectable, don't rapidly outpace the cost of education. A student taking out $26,000 in loans would likely spend 10-15 years paying it off, depending on interest rates and payment plans, all while trying to build a career. For Simpson to be a 'good deal,' prospective students must secure substantial institutional scholarships and grants that significantly reduce the net cost of attendance. Without significant financial aid, the high tuition makes it a questionable investment for the average student. Our definitive recommendation is: **Proceed with caution. Simpson College is only worth the money if you receive a generous financial aid package that brings the net cost down to a competitive level, ideally below $20,000 per year.** Otherwise, the financial burden may outweigh the benefits of its education.

Return on Investment

While the degree is worth the cost given the low median debt and strong earning potential, the lower graduation rate is a concern.

Debt Reality Check

Median student debt at Simpson College: $26,000. Monthly payment on a standard 10-year plan: $295/month. Total repaid: $35,400 ($9,400 in interest).

Breakeven vs high school diploma: 0.9 years. Debt burden: Manageable. Salary needed for comfortable repayment: $35,400.

Strengths

  • Strong academic reputation and selective admissions process.
  • Low median debt and strong earning potential.
  • Niche market position with a focus on affordability and value.

Weaknesses

  • Lower graduation rate compared to some peer institutions.
  • Selective admissions process may limit access for some students.
  • Niche market position may limit options for students seeking a broader range of programs.

Academic Profile

SAT Average: 1440. ACT Midpoint: 24. Retention Rate: 81.3%.

Simpson College prides itself on a rigorous yet supportive liberal arts education, designed to cultivate critical thinking, effective communication, and a broad understanding of the world. With a student body of just over 1,200, the student-faculty ratio is exceptionally favorable, ensuring personalized attention and strong mentorship opportunities that are a hallmark of the Simpson experience. Faculty members are not only experts in their fields but are also deeply committed to undergraduate teaching and student success, often engaging students in collaborative research projects.

While Simpson offers a comprehensive array of majors, several departments stand out for their strength and popularity. The School of Business is highly regarded, offering programs in Business Administration, Accounting, Finance, and Marketing, often incorporating real-world case studies and internship placements in Des Moines. The Education Department is another cornerstone, known for producing highly effective teachers through extensive field experiences and a strong pedagogical foundation. For those interested in the sciences, programs like Biology, Chemistry, and Environmental Science benefit from modern lab facilities and opportunities for undergraduate research, often leading to presentations at regional and national conferences. The Performing Arts, encompassing Music, Theatre, and Art, are particularly vibrant, with the Blank Performing Arts Center serving as a state-of-the-art venue for student productions and performances, attracting talented students from across the region.

Simpson also offers robust pre-professional programs, including Pre-Med, Pre-Law, and Pre-Vet, providing specialized advising and resources to guide students toward competitive graduate and professional schools. The Honors Program offers an enriched curriculum for high-achieving students, featuring smaller, seminar-style classes, interdisciplinary studies, and opportunities for independent research and thesis projects. Study abroad is strongly encouraged, with a variety of programs available through partnerships with other institutions, allowing students to gain global perspectives in locations ranging from Europe to Asia. Academic support is comprehensive, including a dedicated Writing Center, peer tutoring services, and academic advising that helps students navigate their academic journey and plan for post-graduation success. The career services office is also highly engaged, assisting with internships, resume building, and job placement, contributing to the impressive median earnings of $59,274 ten years after graduation.

Financial Aid Guide for Simpson College

Pell Grant recipients: 34.6%. Students taking federal loans: 70.6%.

Navigating the cost of a private college like Simpson, with a sticker price of $47,656 for tuition, can seem daunting, but it's crucial to understand that very few students pay the full amount. Simpson College is highly committed to making its education accessible, and financial aid, particularly merit-based scholarships, plays a significant role in attracting students. Given its admission rate of 86.2%, Simpson actively uses institutional aid to enroll a diverse and talented student body.

Merit-based aid is the cornerstone of Simpson's financial aid strategy. These scholarships are awarded based on academic achievement, leadership, talent (e.g., in music, theatre, art, or athletics), and other extracurricular involvement, regardless of financial need. Strong applicants can expect to receive substantial merit scholarships, often ranging from $15,000 to $30,000+ per year, significantly reducing the published tuition. These are typically awarded automatically upon admission based on your application materials, though some may require separate applications or auditions.

Need-based aid is also available and determined by the information provided on the Free Application for Federal Student Aid (FAFSA). This can include federal Pell Grants, Supplemental Educational Opportunity Grants (SEOG), and institutional grants from Simpson. For families with demonstrated financial need, a typical aid package might combine a significant merit scholarship with federal grants, state grants (for Iowa residents), and federal student loans. For example, a middle-income family might receive a $20,000 merit scholarship, $5,000 in institutional grants, and $5,500 in federal student loans, bringing their out-of-pocket cost down considerably. Lower-income families could see even higher grant amounts, potentially covering a large portion of their expenses.

Work-study opportunities are also part of the financial aid picture, allowing students to earn money for educational expenses through part-time jobs on campus. While the median debt for Simpson graduates is $26,000, this is often a manageable amount given the strong post-graduation earnings. To maximize your aid, apply early, complete the FAFSA as soon as it opens, and highlight all your achievements in your application. While Simpson's initial offers are competitive, it is often realistic to politely inquire about potential adjustments if you have received a more generous offer from a comparable institution. Be prepared to provide documentation of competing offers.

Hidden Costs at Simpson College

  • Beyond tuition, expect to pay approximately $12,000-$14,000 annually for on-campus room and board, depending on your chosen housing and meal plan.
  • Textbooks and course materials can easily run $1,200-$1,500 per year, varying by major and specific courses.
  • Mandatory fees, including technology, activity, and health service fees, typically add $800-$1,000 to your annual bill.
  • Personal expenses, covering everything from toiletries and entertainment to clothing and incidentals, should be budgeted at $1,500-$2,500 per year.
  • Transportation costs, whether for travel home during breaks or local excursions, can range from $500-$1,500 annually depending on distance and frequency.
  • Students bringing a car to campus should budget around $150-$250 per year for a parking permit.
  • Health insurance, if not covered by a family plan, can be an additional $2,000-$3,000 annually through the college's recommended plan or an external provider.

Alumni Outcomes & Career Paths

Simpson College positions its graduates primarily within the robust job market of Iowa, particularly the Des Moines metropolitan area, which is just a short drive from Indianola. The career services office at Simpson plays a crucial role in connecting students with regional opportunities, leveraging a strong network of alumni and local employers. Major employers that frequently recruit Simpson graduates span several key industries. In finance and insurance, companies like Principal Financial Group, Wells Fargo (with a significant Des Moines presence), and Nationwide are common destinations. Healthcare is another dominant sector, with alumni finding roles at MercyOne, UnityPoint Health, and Broadlawns Medical Center. Education is also a strong pathway, with graduates becoming teachers and administrators in school districts across Iowa, including Des Moines Public Schools, Ankeny Community School District, and Waukee Community School District.

Industries where Simpson alumni cluster include financial services, insurance, healthcare, K-12 education, non-profit management, and local government. The college's liberal arts foundation also prepares students for diverse roles in marketing, communications, and human resources across various businesses. While specific graduate school placement rates are not publicly detailed, Simpson's strong pre-professional advising (pre-med, pre-law) indicates a consistent pipeline to advanced degrees, often at regional institutions like the University of Iowa, Iowa State University, and Drake University.

Internship pipelines are robust, with many students completing experiential learning opportunities in Des Moines. These internships often convert into full-time positions, providing invaluable real-world experience with companies such as Bankers Trust, KCCI-TV, and various state government agencies. The geographic hiring patterns are heavily concentrated within Iowa, with a significant majority of graduates choosing to remain in the state, drawn by family ties, the cost of living, and the established professional networks. While some alumni venture to neighboring states like Nebraska, Missouri, or Illinois, Simpson's primary strength lies in its ability to integrate graduates into the Iowa economy, fostering a strong regional alumni network that supports current students.

Campus Life & Culture at Simpson College

Simpson College attracts a diverse student body primarily from Iowa and surrounding Midwestern states, though students from across the U.S. and internationally also find their home here. The student population is characterized by its engagement and community-mindedness, with a significant number involved in athletics, Greek life, and various student organizations. The ideal Simpson student thrives in a supportive, intimate environment where they can build close relationships with peers and faculty, actively participate in campus life, and pursue a well-rounded liberal arts education.

Life at Simpson College is defined by its close-knit community and the vibrant energy that comes from a small, residential campus in the heart of Indianola, Iowa. With just over 1,200 students, you'll quickly recognize faces and build strong connections, fostering a supportive 'Simpson family' atmosphere. The social scene largely revolves around campus activities, DIII athletics, and a robust Greek life presence. The Kent Campus Center serves as the hub for student life, housing dining options, student organization offices, and common spaces where students gather between classes or for evening events.

Housing is guaranteed for all four years, and most students live on campus, especially freshmen and sophomores. First-year students typically reside in traditional residence halls like Barker Hall or Kresge Hall, which are designed to foster community through shared living spaces and organized floor activities. Upperclassmen have more diverse options, including suite-style living, apartment complexes like the Grandview Apartments, and even themed housing that caters to specific interests or academic programs. Dining at Simpson is primarily centered around the Pfeiffer Dining Hall, offering a variety of meal options, from traditional hot meals to salad bars and made-to-order stations. There are also grab-and-go options and a campus coffee shop for quick bites and caffeine fixes.

Student organizations are incredibly active, with over 70 clubs ranging from academic honor societies and cultural groups to special interest clubs and community service initiatives. It's easy to get involved and even start your own club, a testament to the accessible nature of campus leadership. Greek life plays a significant role in the social fabric, with several fraternities and sororities hosting social events, philanthropic initiatives, and leadership opportunities. While not everyone participates, Greek organizations contribute significantly to the campus social calendar and offer a strong sense of brotherhood or sisterhood for their members.

Athletics are a major point of pride, with the Simpson Storm competing in NCAA Division III. Game days, especially for football, basketball, and soccer, draw enthusiastic crowds and are central to the weekend social scene. Beyond sports, the Blank Performing Arts Center is a focal point for cultural life, hosting numerous theatre productions, musical performances, and art exhibits throughout the year. While Indianola is a smaller town, it offers a charming downtown area, and the proximity to Des Moines (just a 20-minute drive) provides easy access to a larger city's amenities, including shopping, dining, entertainment, and internship opportunities. The overall vibe is one of engagement, support, and a strong sense of belonging, where students are encouraged to explore their passions both inside and outside the classroom.

Campus Highlights

  • **Personalized Learning Environment**: With a 1,227-student body, Simpson offers an exceptionally low student-faculty ratio, ensuring individualized attention and strong mentorship.
  • **Vibrant Performing Arts Scene**: The state-of-the-art Blank Performing Arts Center hosts numerous student and professional productions, making it a hub for music, theatre, and art.
  • **Strong DIII Athletics**: The Simpson Storm boasts a proud athletic tradition, with 19 NCAA Division III sports fostering a spirited campus culture and strong fan base.
  • **Proximity to Des Moines**: Located just 20 minutes from Iowa's capital city, students have easy access to internships, cultural events, dining, and entertainment opportunities.
  • **Undergraduate Research Opportunities**: Students can engage in meaningful research across disciplines, often presenting their findings at regional and national conferences.
  • **Guaranteed Housing**: Simpson ensures on-campus housing for all four years, fostering a strong residential community and sense of belonging.
  • **Commitment to Career Success**: With a median earning of $59,274 ten years out, Simpson emphasizes career preparation through internships, advising, and a robust alumni network.

Location & Regional Advantages

Simpson College's location in Indianola, Iowa, offers a unique blend of small-town charm and access to a thriving metropolitan job market. Indianola itself provides a safe, close-knit community environment with a lower cost of living compared to larger cities. However, its true strategic advantage lies in its proximity to Des Moines, Iowa's capital and largest city, just a 20-minute drive north. Des Moines is a significant economic hub, particularly renowned for its insurance and financial services industries, often dubbed the 'Hartford of the West.' This means Simpson students have direct access to internship and career opportunities with major players like Principal Financial Group, Wells Fargo, and Nationwide.

Beyond finance, Des Moines boasts a growing healthcare sector with major hospital systems (MercyOne, UnityPoint Health), a burgeoning tech scene, and a strong presence of advanced manufacturing and agricultural businesses. This diverse economic landscape provides a wide array of post-graduation career paths for liberal arts graduates. The quality of life in the Des Moines metro area is high, with a vibrant downtown, cultural attractions, and numerous parks and recreational opportunities, all while maintaining a relatively affordable cost of living compared to national averages.

Weather in Iowa features four distinct seasons, from warm, humid summers to cold, snowy winters, which can be a consideration for those unaccustomed to such variations. Safety in Indianola is excellent, contributing to a comfortable campus experience. For career opportunities post-graduation, this location is a double-edged sword: it offers fantastic regional opportunities and a strong local network, but it may limit exposure to national or international markets for those seeking careers outside of Iowa's core industries. However, for students looking to establish a career in the Midwest, particularly within finance, insurance, healthcare, or education, Simpson's location is a significant asset.

How to Get Into Simpson College

Gaining admission to Simpson College, with an 86.2% admission rate, is certainly achievable for a wide range of students, but a thoughtful application strategy can significantly enhance your chances and maximize scholarship opportunities. Simpson is looking for students who are a good 'fit' for its close-knit, engaged community, demonstrating both academic potential and a willingness to contribute to campus life.

While Simpson does not report average SAT or ACT scores, a solid B average (around a 3.0 GPA on a 4.0 scale) in a challenging high school curriculum will make you a competitive applicant. They likely operate on a test-optional policy, meaning strong grades and a compelling essay can outweigh test scores if you choose not to submit them. If you do submit scores, aim for the mid-range of what you'd expect for a private liberal arts college of this size and selectivity.

Demonstrated interest is incredibly important at Simpson. Visiting campus, attending virtual information sessions, connecting with an admissions counselor, or even just opening emails from the college signals your genuine interest and can positively impact your application. Applying via Early Action (EA) is highly recommended. While not binding, it shows strong interest, often results in an earlier decision, and can put you in a better position for competitive merit scholarships, which are crucial given Simpson's tuition. There isn't typically a significant advantage to Early Decision for schools with this acceptance rate, but EA is a clear benefit.

When crafting your essay, focus on authenticity. Simpson values students who can articulate their passions, experiences, and how they envision contributing to a small college community. Share a story that reveals your personality, resilience, or intellectual curiosity. Avoid generic topics and instead, connect your experiences to Simpson's values or specific programs that excite you. Strong letters of recommendation from teachers who know you well can also provide valuable insight into your character and academic potential. The admissions office is looking for well-rounded individuals who will thrive in a supportive, engaged environment, so highlight your extracurriculars, leadership roles, and community involvement.

How Simpson College Compares to Similar Schools

Similar schools: Central College (Pella, IA), Wartburg College (Waverly, IA), Buena Vista University (Storm Lake, IA), Grand View University (Des Moines, IA)

Advantages

  • Stronger proximity to the Des Moines metropolitan job market compared to many other Iowa liberal arts colleges.
  • Established regional alumni network, particularly within Iowa's finance, insurance, and education sectors.
  • Intimate campus environment with personalized attention from faculty, typical of small private colleges.
  • Robust internship opportunities facilitated by its location near a major city.

Disadvantages

  • High sticker price tuition compared to some regional competitors, leading to a negative ROI for many.
  • Lower national brand recognition, which might limit opportunities outside of the Midwest.
  • Fewer specialized research facilities or large-scale academic programs compared to larger universities.

Best For

  • Students interested in large-scale institutions or those seeking the lowest tuition rates may find better options.
  • Prospective students should consider the lower graduation rate compared to some peer institutions.

Avoid If

  • Students who do not meet the selective admissions criteria may find it challenging to gain acceptance.
  • Those seeking a higher median debt may want to explore other options.

Frequently Asked Questions about Simpson College

How much does it cost to attend Simpson College?

In-state tuition at Simpson College is $47,656 per year, and out-of-state tuition is $47,656 per year. The median student debt at graduation is $26,000.

What is the acceptance rate at Simpson College?

Simpson College has an acceptance rate of 86.2%.

What is the graduation rate at Simpson College?

Simpson College has a graduation rate of 64.4%.

How much do Simpson College graduates earn?

The median earnings for Simpson College graduates 10 years after enrollment is $59,274. With median debt of $26,000, graduates earn roughly 2.3x their debt level annually.

How big is Simpson College?

Simpson College has approximately 1,227 students and is classified as a small institution. It is located in Indianola, IA and is a Private Nonprofit institution.

Is Simpson College worth the cost?

Simpson College has an ROI score of -69 out of 100. With in-state tuition of $47,656 per year and median post-graduation earnings of $59,274, the data suggests the return on investment may be below average.

Where is Simpson College located?

Simpson College is located in Indianola, IA. It is a Private Nonprofit institution with approximately 1,227 students.

How much student debt do Simpson College graduates have?

The median student debt for Simpson College graduates is $26,000. With median earnings of $59,274 ten years after enrollment, graduates can expect a debt-to-income ratio of 44%.

Is Simpson College a good college?

Simpson College has a graduation rate of 64.4% and median post-graduation earnings of $59,274. Selective admissions with an 86.22% acceptance rate.

How does Simpson College compare to similar colleges?

Low median debt of $26,000 for graduates. Compared to peer institutions, Simpson College offers a more affordable education with lower median debt and strong earning potential.

What career prospects do Simpson College graduates have?

Graduates of Simpson College are well-positioned for careers in a variety of fields, particularly those interested in small, private institutions with a strong academic reputation.

What should prospective students know about Simpson College?

Simpson College holds a niche position in the market, offering a selective, affordable education with strong long-term earning potential.

What makes Simpson College stand out?

Graduation rate of 64.39%.

What are the pros and cons of attending Simpson College?

Median earnings of $59,274 after 10 years.

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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.