Analysis
Drake's journalism program stands out nationally with first-year earnings of $41,913—well above both the national median of $34,515 and Iowa's $39,347. This performance suggests the university's connections in Des Moines media markets and its reputation are translating into stronger starting positions for graduates compared to most journalism programs nationwide.
The estimated $25,000 in debt (based on typical borrowing patterns across Drake's bachelor's programs) creates a debt-to-earnings ratio of 0.60, which is manageable for a field often characterized by lower starting salaries. While actual debt for journalism students specifically might vary, this estimate aligns closely with typical journalism program debt nationally ($24,250) and in Iowa ($24,578). The combination of above-average earnings and moderate debt puts Drake graduates in a relatively stronger financial position than peers at most journalism programs, though Iowa State appears to offer comparable outcomes.
The 16% earnings growth to $48,432 by year four shows reasonable progression, though journalism salaries tend to climb more slowly than many other fields. For families comfortable with Drake's overall cost structure and confident their student will leverage the program's apparent networking advantages, the earnings data looks encouraging. However, remember these debt figures are estimates—confirm actual financial aid packages and typical borrowing before committing, particularly if your student might need more than the estimated amount.
Where Drake University Stands
Earnings vs. debt across all journalism bachelors's programs nationally
Earnings Distribution
How Drake University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Drake University | $41,913 | $48,432 | +16% |
| George Washington University | $52,015 | $66,907 | +29% |
| Northwestern University | $50,426 | $63,740 | +26% |
| University of Iowa | $34,743 | $49,005 | +41% |
| Iowa State University | $39,347 | $47,655 | +21% |
Compare to Similar Programs in Iowa
Journalism bachelors's programs at peer institutions in Iowa (11 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $49,944 | $41,913 | $48,432 | $25,000* | — | |
| $10,497 | $39,347 | $47,655 | $23,250* | 0.59 | |
| $10,964 | $34,743 | $49,005 | $25,907* | 0.75 | |
| National Median | — | $34,515 | — | $24,250* | 0.70 |
Career Paths
Occupations commonly associated with journalism graduates
Communications Teachers, Postsecondary
Editors
Writers and Authors
Poets, Lyricists and Creative Writers
Film and Video Editors
News Analysts, Reporters, and Journalists
Photographers
Broadcast Announcers and Radio Disc Jockeys
Proofreaders and Copy Markers
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 Drake University, approximately 21% 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.
Sample Size: Based on 17 graduates with reported earnings and 18 graduates with debt data. Small samples may not be representative.