Analysis
Industrial engineering programs typically deliver strong earning potential, and comparable programs nationally suggest first-year salaries around $75,000—a figure that would put graduates in solid financial position. With estimated debt of $24,000, this translates to a manageable 0.33 debt-to-earnings ratio, meaning graduates could theoretically pay off loans in about four months of gross income. That's a favorable setup compared to many bachelor's programs.
The challenge here is uncertainty. William Penn serves a student population where nearly half receive Pell grants, and with average SAT scores of 996, many students may be first-generation college-goers navigating STEM coursework. Industrial engineering is rigorous anywhere, requiring strong math and analytical skills. Whether this specific program successfully supports its students through to graduation and into industry jobs—or whether outcomes fall short of what Iowa State and University of Iowa deliver—remains unclear due to limited graduate data.
The risk-reward calculation hinges on completion. If your child thrives in the program and graduates, the debt burden appears reasonable for engineering earnings. But with no verified outcomes for this specific cohort, you're making a bet on William Penn's ability to prepare students for a competitive field. Consider whether your child has the academic preparation for engineering-level coursework and whether visiting the program reveals strong industry connections and support systems.
Where William Penn University Stands
Earnings vs. debt across all industrial engineering bachelors's programs nationally
Compare to Similar Programs in Iowa
Industrial Engineering bachelors's programs at peer institutions in Iowa (4 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $28,750 | $74,709* | — | $24,417* | — | |
| $10,964 | $75,699* | $83,890 | $22,540* | 0.30 | |
| $10,497 | $74,310* | $77,569 | $23,750* | 0.32 | |
| National Median | — | $74,709* | — | $24,889* | 0.33 |
Career Paths
Occupations commonly associated with industrial engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Industrial Production Managers
Quality Control Systems Managers
Geothermal Production Managers
Biofuels Production Managers
Biomass Power Plant Managers
Hydroelectric Production Managers
Industrial Engineers
Human Factors Engineers and Ergonomists
Validation Engineers
Manufacturing Engineers
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 93 similar programs. Actual outcomes may vary.