Median Earnings (1yr)
$39,121
95th percentile (60th in IA)
Median Debt
$27,783
7% above national median
Debt-to-Earnings
0.71
Manageable
Sample Size
35
Adequate data

Analysis

The University of Iowa's music program produces graduates who significantly out-earn the national average ($39,121 versus $26,036), ranking in the 95th percentile nationally—but within Iowa, it lands in the middle of the pack at the 60th percentile. Luther College graduates earn about $6,000 more annually, though Iowa's program carries similar debt ($27,783). What you're really paying for here is the name recognition and resources of a major research university rather than a distinctly superior financial outcome compared to Iowa alternatives.

The debt burden tells a more encouraging story. At $27,783, graduates owe less than 10 months' salary—one of the lowest debt ratios you'll find for music degrees nationally (5th percentile). Most music graduates face a challenging financial start, but Iowa's combination of reasonable debt and above-average earnings makes the path more manageable. The catch is that earnings barely budge over time, growing just 1% from year one to year four, which is typical for performance-oriented fields where your early career largely determines your trajectory.

For an in-state student who wants a Big Ten experience with strong music facilities, this works financially. Out-of-state families should think harder about whether Iowa justifies premium tuition when they're getting middle-of-the-road Iowa earnings. The moderate sample size (30-100 graduates) suggests these numbers are reliable enough to trust, though individual outcomes in music vary wildly based on specialization and hustle.

Where University of Iowa Stands

Earnings vs. debt across all music bachelors's programs nationally

University of IowaOther music 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 University of Iowa graduates compare to all programs nationally

University of Iowa graduates earn $39k, placing them in the 95th percentile of all music 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

Music bachelors's programs at peer institutions in Iowa (24 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of Iowa$39,121$39,491$27,7830.71
Luther College$45,367$44,566$27,0000.60
University of Northern Iowa$32,175$33,150$19,5000.61
Coe College$24,233
National Median$26,036$26,0001.00

Other Music Programs in Iowa

Compare tuition, earnings, and debt across Iowa schools

SchoolIn-State TuitionEarnings (1yr)Debt
Luther College
Decorah
$50,320$45,367$27,000
University of Northern Iowa
Cedar Falls
$9,728$32,175$19,500
Coe College
Cedar Rapids
$52,576$24,233

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 University of Iowa, 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 35 graduates with reported earnings and 39 graduates with debt data. Small samples may not be representative.