Analysis
Coe's English degree appears positioned in the middle of Iowa's range, with estimated first-year earnings around $38,400—similar to what graduates from Luther College and Iowa State report. The estimated $26,000 debt load produces a manageable 0.68 ratio, meaning roughly eight months of first-year income to cover what students borrow. That's reasonable for a humanities degree at a small private college, though it's worth noting these figures come from peer programs across Iowa rather than Coe's specific outcomes.
The financial picture looks more favorable when compared nationally. While similar programs across the country typically see graduates earning just under $30,000 in their first year, Iowa's English programs generally produce stronger early outcomes—nearly $8,500 more. This regional advantage matters because it means the estimated debt burden, though higher than the national median, is offset by above-average starting salaries. Liberal arts colleges like Coe often build stronger alumni networks and career support than large universities, which can help with that crucial first job placement.
For parents weighing this investment, the math works if your child is committed to the field and understands that English degrees require hustle in the job market. The estimates suggest a debt load that won't crush them, especially if they stay in Iowa where these credentials appear more valued than the national average. Just remember these are projections based on comparable programs—Coe's actual outcomes could vary, and you should ask the school directly about graduate employment rates and career paths.
Where Coe College Stands
Earnings vs. debt across all english language and literature bachelors's programs nationally
Compare to Similar Programs in Iowa
English Language and Literature bachelors's programs at peer institutions in Iowa (27 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $52,576 | $38,433* | — | $26,000* | — | |
| $9,728 | $41,870* | $40,457 | $24,274* | 0.58 | |
| $50,320 | $38,490* | $38,975 | $27,000* | 0.70 | |
| $10,497 | $38,375* | $37,906 | $24,000* | 0.63 | |
| $10,964 | $34,116* | $41,302 | $22,000* | 0.64 | |
| National Median | — | $29,967* | — | $24,529* | 0.82 |
Career Paths
Occupations commonly associated with english language and literature graduates
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Coe College, approximately 36% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 4 similar programs in IA. Actual outcomes may vary.