Analysis
Based on comparable music programs in Iowa, William Penn graduates might expect around $35,600 in their first year—a figure that sits in the middle of the pack statewide and notably above the $26,000 national median for music degrees. With estimated debt near $26,500, the 0.74 debt-to-earnings ratio suggests manageable repayment, though this reflects aggregated patterns rather than outcomes specific to William Penn's program.
The limited data here is significant. When the Department of Education suppresses figures due to small graduate cohorts, it often signals either a very small program or one where few graduates remain trackable in the system. This makes it harder to assess how William Penn's particular approach—its faculty, connections, and career preparation—translates into actual opportunities. The school serves a substantial population of Pell-eligible students (46%), which matters for families weighing how financial aid packages will interact with these debt estimates.
For an anxious parent, the practical question is whether this investment makes sense without knowing if William Penn's music graduates actually achieve these Iowa-median outcomes. If your child has specific performance or education goals that William Penn's program uniquely serves, and the financial aid offer brings borrowing well below this estimate, it could work. But if you're choosing between Iowa music programs based primarily on value, Luther and University of Iowa show stronger earnings trajectories with actual data to back them up.
Where William Penn University Stands
Earnings vs. debt across all music bachelors's programs nationally
Compare to Similar Programs in Iowa
Music bachelors's programs at peer institutions in Iowa (24 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $28,750 | $35,648* | — | $26,524* | — | |
| $50,320 | $45,367* | $44,566 | $27,000* | 0.60 | |
| $10,964 | $39,121* | $39,491 | $27,783* | 0.71 | |
| $9,728 | $32,175* | $33,150 | $19,500* | 0.61 | |
| $52,576 | $24,233* | — | —* | — | |
| National Median | — | $26,036* | — | $26,000* | 1.00 |
Career Paths
Occupations commonly associated with music graduates
Art, Drama, and Music Teachers, Postsecondary
Secondary School Teachers, Except Special and Career/Technical Education
Music Directors and Composers
Sound Engineering Technicians
Musicians and Singers
Disc Jockeys, Except Radio
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.