Analysis
The $26,000 debt estimate for this English program sits just above what similar programs typically carry, but paired with estimated first-year earnings around $38,400—based on Iowa's four reporting English programs—the financial picture looks more manageable than the national norm. That 0.68 debt-to-earnings ratio means roughly eight months of gross pay to cover borrowing, which falls in workable territory for a humanities degree.
Iowa English graduates generally outpace their national peers by nearly $8,500 annually, and Mount Mercy's estimated outcomes align with this state pattern. Comparable Iowa programs like Luther College and Iowa State cluster in the same earnings range, suggesting the local job market—with Cedar Rapids' business services and nonprofit sectors—may offer steadier early-career opportunities than English majors find in many other states. The debt load, while not trivial, won't likely dominate your child's monthly budget the way six-figure borrowing would.
The uncertainty here matters: these figures draw from a small pool of similar programs because Mount Mercy's own graduate sample was too small to report. That could signal limited program size or recent changes, not necessarily weak outcomes. If your child is serious about English at Mount Mercy, request direct placement data from the department—where recent graduates actually landed jobs and what they're earning two or three years out—before committing.
Where Mount Mercy University Stands
Earnings vs. debt across all english language and literature bachelors's programs nationally
Compare to Similar Programs in Iowa
English Language and Literature bachelors's programs at peer institutions in Iowa (27 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $39,070 | $38,433* | — | $26,000* | — | |
| $9,728 | $41,870* | $40,457 | $24,274* | 0.58 | |
| $50,320 | $38,490* | $38,975 | $27,000* | 0.70 | |
| $10,497 | $38,375* | $37,906 | $24,000* | 0.63 | |
| $10,964 | $34,116* | $41,302 | $22,000* | 0.64 | |
| National Median | — | $29,967* | — | $24,529* | 0.82 |
Career Paths
Occupations commonly associated with english language and literature graduates
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 Mount Mercy University, approximately 26% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 4 similar programs in IA. Actual outcomes may vary.