Median Earnings (1yr)
$84,449
79th percentile (60th in IA)
Median Debt
$16,375
30% below national median
Debt-to-Earnings
0.19
Manageable
Sample Size
46
Adequate data

Analysis

Grinnell's computer science graduates earn $84,449 in their first year—ahead of Iowa State and substantially above the state median of $70,950. That places this small liberal arts college in the 79th percentile nationally for CS programs, impressive for a school not known primarily as a tech powerhouse. The earnings trajectory is equally strong, climbing to $106,113 by year four, a 26% gain that suggests graduates are landing roles with real advancement potential.

The financial picture is particularly compelling: median debt of just $16,375 represents less than 20% of first-year earnings, far better than the national median debt of $23,374. This is one of the real advantages of attending a well-endowed liberal arts college—Grinnell's strong financial aid keeps debt levels manageable even for students who aren't among the 17% receiving Pell grants. The low 13% admission rate indicates selectivity that likely opens doors with elite tech employers who value the school's rigorous academics.

The only caveat is that within Iowa specifically, Grinnell ranks at the 60th percentile—solid but not dominant—suggesting that students staying in-state might find comparable opportunities at less selective schools. But for families who can navigate the admissions process and want a CS degree paired with a broader liberal arts education, this combination of strong earnings, low debt, and upward trajectory makes Grinnell an excellent choice.

Where Grinnell College Stands

Earnings vs. debt across all computer science bachelors's programs nationally

Grinnell CollegeOther computer science programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Grinnell College graduates compare to all programs nationally

Grinnell College graduates earn $84k, placing them in the 79th percentile of all computer science bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Iowa

Computer Science bachelors's programs at peer institutions in Iowa (19 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Grinnell College$84,449$106,113$16,3750.19
Iowa State University$78,517$94,712$24,6630.31
Simpson College$70,950—$25,0000.35
University of Northern Iowa$65,960$80,228$26,2000.40
Luther College$63,760$100,968$27,0000.42
National Median$70,950—$23,3740.33

Other Computer Science Programs in Iowa

Compare tuition, earnings, and debt across Iowa schools

SchoolIn-State TuitionEarnings (1yr)Debt
Iowa State University
Ames
$10,497$78,517$24,663
Simpson College
Indianola
$46,212$70,950$25,000
University of Northern Iowa
Cedar Falls
$9,728$65,960$26,200
Luther College
Decorah
$50,320$63,760$27,000

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 Grinnell College, approximately 17% 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 46 graduates with reported earnings and 46 graduates with debt data. Small samples may not be representative.