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Waldorf University

Forest City, IA·Private for-profit·2,103 students
Last updated: March 22, 2026

A good fit for students who want accessible admissions and students who prefer a mid-size campus. graduation rate is below 40%; freshman retention is below 65%. a private for-profit school with 2,103 students.

73%
Accept
2,103
Students
$21,683
Net Price
29%
Grad Rate
$42,400
Earnings
10 yr
$12,025
Debt

About This School

Waldorf University is a private for-profit institution located in Forest City, Iowa with approximately 2,103 undergraduate students enrolled. Waldorf University has an open or accessible admissions process, with an acceptance rate of 73%. The average net price after financial aid is $21,683 per year. The graduation rate is 29%, and the typical graduate earns $42,400 within 10 years of enrollment.

Waldorf University is a private non-profit university in Forest City, Iowa. It was founded in 1903 and associated with the Evangelical Lutheran Church in America and its predecessors. In 2010, it was sold to Columbia Southern University and became a for-profit institution; twelve years later, on January 1, 2022, ownership was transferred to the Waldorf Lutheran College Foundation.

The numbers tell a mixed story here: a 29% graduation rate and 52% freshman retention rate suggest many students don't finish, which is a serious red flag worth understanding before enrolling. On the positive side, median debt at graduation is a relatively low $12,025, and the school's small size and open access (73% acceptance rate) make it a realistic option for students who need a second chance or a more supportive entry point into college. Worth considering only if you have a clear plan to stay engaged and finish — the data shows too many students don't.

Founded
1903
Setting
Remote rural

Popular Programs

Business & Marketing25%
Psychology12%
Communications4%
Health Professions4%
Education2%
Biological Sciences1%
Visual & Performing Arts0%
English0%

Percentage of degrees awarded. Source: College Scorecard.

Notable Alumni

Bob Backlund

Source: Wikidata. Used for context only.

Admissions

SAT Scores

Average CompositeN/A

ACT Scores

Midpoint CompositeN/A

Cost & Financial Aid

In-State Tuition
$25,220
Out-of-State Tuition
$25,220
Avg Net Price
$21,683
after aid

Financial Aid

Students receiving Pell Grants34%
Median debt at graduation$12,025

Full Cost

After Graduation

Graduation Rate
29%
within 6 years
Retention Rate
52%
freshmen returning
Earnings (10 yr)
$42,400
after enrollment
Median Debt
$12,025
at graduation

Will This School Pay Off?

Median Debt
$12,025
at graduation
Earnings (6 yr)
$32,900
after enrollment
Earnings (10 yr)
$42,400
after enrollment
Earnings-to-Debt Ratio: 3.5x

Strong return. Graduates earn well above their debt load.

Earnings data from the U.S. Department of Education College Scorecard. These are means across all graduates, not specific to any major.

Student Body

White52%
Black13%
Hispanic/Latino2%
Asian1%

Source: U.S. Department of Education College Scorecard (2,103 undergraduates).

Contact & Location

Address

Waldorf University

106 S Sixth St

Forest City, IA 50436-1713

View on Google Maps →

Other Schools in Iowa

Browse all Iowa schools →

Sources & Methodology

Data

Primary data source: U.S. Department of Education College Scorecard. Accessed via automated sync. Latest values may come from different reporting years depending on the metric.

Contextual Enrichment

School overview from Wikipedia. Used for context only, not as a primary data source for admissions, cost, or outcomes claims.

Important Caveats
  • Earnings figures are institution-level averages, not major-specific.
  • Some metrics are based on Title IV financial aid recipients only.
  • Some values may be privacy-suppressed or rolled up by the Department of Education.
  • Contact the school directly for current admissions requirements and costs.
Trademarks

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