Analysis
In Iowa, history programs show considerable range in outcomes, from Iowa State's $41,294 down to UNI's $27,569. Based on comparable programs statewide, William Penn graduates likely earn around $36,400 in their first year—solidly above the national median for history majors and right in the middle of what Iowa schools typically produce. That's encouraging for a smaller institution, suggesting the program holds its own despite William Penn's less selective profile.
The estimated $25,946 in debt is slightly higher than Iowa's typical history program debt of $23,877, though still reasonable compared to the national picture. The debt-to-earnings ratio of 0.71 means graduates would owe roughly eight and a half months of their first-year salary—manageable territory if those earnings estimates hold true. History majors rarely strike it rich early on, but this program appears positioned neither to burden graduates with excessive debt nor leave them significantly behind peers at larger Iowa institutions.
The uncertainty here matters. With nearly half of William Penn's students receiving Pell grants, families can't afford to bet wrong on a program with no reported graduate outcomes. If your child is committed to history, this looks defensible based on state patterns, but understand you're making that judgment without seeing this specific program's actual track record. Programs serving similar students with similar resources should produce similar results—that's the bet you'd be making.
Where William Penn University Stands
Earnings vs. debt across all history bachelors's programs nationally
Compare to Similar Programs in Iowa
History bachelors's programs at peer institutions in Iowa (25 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $28,750 | $36,402* | — | $25,946* | — | |
| $10,497 | $41,294* | $40,853 | $26,007* | 0.63 | |
| $64,862 | $39,687* | $50,567 | $17,500* | 0.44 | |
| $10,964 | $33,117* | $51,028 | $25,978* | 0.78 | |
| $9,728 | $27,569* | $45,192 | $21,776* | 0.79 | |
| National Median | — | $31,220* | — | $24,000* | 0.77 |
Career Paths
Occupations commonly associated with history graduates
Natural Sciences Managers
Clinical Research Coordinators
History Teachers, Postsecondary
Historians
Secondary School Teachers, Except Special and Career/Technical Education
Archivists
Curators
Museum Technicians and Conservators
Managers, All Other
Regulatory Affairs Managers
Compliance Managers
Loss Prevention Managers
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 median of 4 similar programs in IA. Actual outcomes may vary.