Median Earnings (1yr)
$84,913
95th percentile
Median Debt
$26,997
8% above national median
Debt-to-Earnings
0.32
Manageable
Sample Size
105
Adequate data

Analysis

Iowa State's electrical engineering graduates earn $85,000 right out of college—over $7,000 more than the national median for this field and $7,000 above the Iowa average. While this places the program in the 95th percentile nationally, that state ranking of 60th percentile deserves context: with only three engineering programs in Iowa, this essentially means Iowa State sits in the middle of a small, highly competitive group. More telling is the comparison to University of Iowa's $71,000—Iowa State graduates are earning $14,000 more annually.

The debt picture strengthens the value case. At $27,000, graduates carry slightly more than the state median but meaningfully less than the national average, resulting in a debt-to-earnings ratio of just 0.32. An engineering graduate here could reasonably pay off their loans in under three years if they prioritized it. Earnings climb to $93,000 by year four, and the robust sample size (100+ graduates) confirms this isn't a fluke.

For an 89% admission rate school, these outcomes are exceptional. Iowa State has built a genuine engineering powerhouse that delivers elite-level earnings without requiring Ivy League credentials or saddling graduates with crushing debt. If your child wants to study electrical engineering and can get into Iowa State, this represents one of the strongest return-on-investment options in the Midwest.

Where Iowa State University Stands

Earnings vs. debt across all electrical, electronics and communications engineering bachelors's programs nationally

Iowa State UniversityOther electrical, electronics and communications engineering 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 Iowa State University graduates compare to all programs nationally

Iowa State University graduates earn $85k, placing them in the 95th percentile of all electrical, electronics and communications engineering 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

Electrical, Electronics and Communications Engineering bachelors's programs at peer institutions in Iowa (3 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Iowa State University$84,913$92,805$26,9970.32
University of Iowa$70,686$90,600$25,8750.37
National Median$77,710$24,9890.32

Other Electrical, Electronics and Communications Engineering Programs in Iowa

Compare tuition, earnings, and debt across Iowa schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Iowa
Iowa City
$10,964$70,686$25,875

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 Iowa State University, approximately 18% 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 105 graduates with reported earnings and 110 graduates with debt data. Small samples may not be representative.