Analysis
A Computer Engineering degree typically leads to strong first-year earnings, and this program's estimated $78,953 aligns closely with both the national median and what Iowa's flagship universities report. The estimated debt of $26,146 sits slightly above the national median for computer engineering programs but remains manageable—translating to a debt-to-earnings ratio of 0.33, meaning graduates would owe roughly four months' salary.
What complicates the picture is that we're working entirely with estimates here, derived from peer institutions nationally and across William Penn's portfolio. For reference, Iowa State and University of Iowa—which do report actual outcomes—show nearly identical first-year earnings around $79,200, suggesting the estimate is reasonable. However, those schools' graduates carry slightly less debt (around $21,900 in Iowa overall), which matters when every dollar counts in those first working years.
The practical question is whether William Penn's smaller program—too small for the DOE to publish specific data—offers the same employer connections and technical preparation as larger Iowa engineering schools. Computer engineering credentials travel well, but the outcomes for this specific program remain unknown. If your child has received a strong financial aid package that keeps borrowing well below $26,000, the risk diminishes considerably. Without that, the uncertainty around actual outcomes deserves serious weight in your decision.
Where William Penn University Stands
Earnings vs. debt across all computer engineering bachelors's programs nationally
Compare to Similar Programs in Iowa
Computer Engineering bachelors's programs at peer institutions in Iowa (6 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $28,750 | $78,953* | — | $26,146* | — | |
| $10,964 | $79,228* | — | $19,500* | 0.25 | |
| $10,497 | $79,182* | $95,433 | $24,337* | 0.31 | |
| National Median | — | $78,952* | — | $24,500* | 0.31 |
Career Paths
Occupations commonly associated with computer engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Computer Hardware Engineers
Software Developers
Software Quality Assurance Analysts and Testers
Computer Network Architects
Telecommunications Engineering Specialists
Database Architects
Data Warehousing Specialists
Engineering Teachers, Postsecondary
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 William Penn University, approximately 46% 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 national median of 174 similar programs. Actual outcomes may vary.