Median Earnings (1yr)
$84,913
95th percentile
Median Debt
$26,997
8% above national median

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

Earnings Distribution

How Iowa State University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Iowa State University$84,913$92,805+9%
University of California-Berkeley$137,295$202,911+48%
Massachusetts Institute of Technology$117,345$172,897+47%
Carnegie Mellon University$139,337$149,740+7%
University of Iowa$70,686$90,600+28%

Compare to Similar Programs in Iowa

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

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Iowa State UniversityAmes$10,497$84,913$92,805$26,9970.32
University of IowaIowa City$10,964$70,686$90,600$25,8750.37
National Median$77,710$24,9890.32

Career Paths

Occupations commonly associated with electrical, electronics and communications engineering graduates

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Computer Hardware Engineers

Research, design, develop, or test computer or computer-related equipment for commercial, industrial, military, or scientific use. May supervise the manufacturing and installation of computer or computer-related equipment and components.

$155,020/yrJobs growth:Bachelor's degree

Aerospace Engineers

Perform engineering duties in designing, constructing, and testing aircraft, missiles, and spacecraft. May conduct basic and applied research to evaluate adaptability of materials and equipment to aircraft design and manufacture. May recommend improvements in testing equipment and techniques.

$134,830/yrJobs growth:Bachelor's degree

Electrical Engineers

Research, design, develop, test, or supervise the manufacturing and installation of electrical equipment, components, or systems for commercial, industrial, military, or scientific use.

$118,780/yrJobs growth:Bachelor's degree

Electronics Engineers, Except Computer

Research, design, develop, or test electronic components and systems for commercial, industrial, military, or scientific use employing knowledge of electronic theory and materials properties. Design electronic circuits and components for use in fields such as telecommunications, aerospace guidance and propulsion control, acoustics, or instruments and controls.

$118,780/yrJobs growth:Bachelor's degree

Radio Frequency Identification Device Specialists

Design and implement radio frequency identification device (RFID) systems used to track shipments or goods.

$118,780/yrJobs growth:Bachelor's degree

Engineering Teachers, Postsecondary

Teach courses pertaining to the application of physical laws and principles of engineering for the development of machines, materials, instruments, processes, and services. Includes teachers of subjects such as chemical, civil, electrical, industrial, mechanical, mineral, and petroleum engineering. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Engineers, All Other

All engineers not listed separately.

Energy Engineers, Except Wind and Solar

Design, develop, or evaluate energy-related projects or programs to reduce energy costs or improve energy efficiency during the designing, building, or remodeling stages of construction. May specialize in electrical systems; heating, ventilation, and air-conditioning (HVAC) systems; green buildings; lighting; air quality; or energy procurement.

Mechatronics Engineers

Research, design, develop, or test automation, intelligent systems, smart devices, or industrial systems control.

Microsystems Engineers

Research, design, develop, or test microelectromechanical systems (MEMS) devices.

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.