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
Earnings Distribution
How Grinnell College 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 |
|---|---|---|---|
| Grinnell College | $84,449 | $106,113 | +26% |
| Harvard University | $152,251 | $256,539 | +68% |
| Luther College | $63,760 | $100,968 | +58% |
| Iowa State University | $78,517 | $94,712 | +21% |
| University of Northern Iowa | $65,960 | $80,228 | +22% |
Compare to Similar Programs in Iowa
Computer Science bachelors's programs at peer institutions in Iowa (19 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $64,862 | $84,449 | $106,113 | $16,375 | 0.19 | |
| $10,497 | $78,517 | $94,712 | $24,663 | 0.31 | |
| $46,212 | $70,950 | — | $25,000 | 0.35 | |
| $9,728 | $65,960 | $80,228 | $26,200 | 0.40 | |
| $50,320 | $63,760 | $100,968 | $27,000 | 0.42 | |
| National Median | — | $70,950 | — | $23,374 | 0.33 |
Career Paths
Occupations commonly associated with computer science graduates
Computer and Information Systems Managers
Computer and Information Research Scientists
Software Developers
Software Quality Assurance Analysts and Testers
Information Security Analysts
Database Architects
Data Warehousing Specialists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Computer Programmers
Web Developers
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.