Median Earnings (1yr)
$35,122
78th percentile (60th in IA)
Median Debt
$27,443
8% above national median
Debt-to-Earnings
0.78
Manageable
Sample Size
28
Limited data

Analysis

William Penn's psychology program outperforms national expectations but falls in the middle of Iowa's competitive landscape. At $35,122 in first-year earnings, graduates earn more than 78% of psychology majors nationwide—a genuinely strong showing that beats the national median by over $3,600. Within Iowa, though, where psychology programs cluster tightly around $34,000-$37,000, this program sits squarely at the median, with several in-state alternatives producing notably higher earnings.

The $27,443 in median debt translates to less than nine months of first-year income, a manageable burden that's actually below the national median for psychology programs. That 0.78 debt-to-earnings ratio means graduates start with reasonable financial footing, especially compared to many liberal arts degrees. The challenge isn't the debt load—it's that Upper Iowa and Waldorf graduates earn $6,000-$7,000 more annually from day one, which compounds significantly over a career.

The small sample size here (under 30 graduates) warrants caution—these numbers could shift considerably with more data. For families considering William Penn specifically for its campus community or financial aid package, the psychology program won't create financial hardship. But if you're comparison shopping among Iowa schools purely on post-graduation outcomes, the data suggests looking at those top performers first, particularly if career earnings matter more than institutional fit.

Where William Penn University Stands

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

William Penn UniversityOther psychology 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 William Penn University graduates compare to all programs nationally

William Penn University graduates earn $35k, placing them in the 78th percentile of all psychology bachelors programs nationally.

Compare to Similar Programs in Iowa

Psychology bachelors's programs at peer institutions in Iowa (27 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
William Penn University$35,122—$27,4430.78
Upper Iowa University$42,183$40,524$41,4780.98
Waldorf University$41,193$45,304$29,1360.71
Coe College$37,072$37,384$27,0000.73
Buena Vista University$35,559$34,524$32,5000.91
Grand View University$34,709$39,150$28,2000.81
National Median$31,482—$25,5000.81

Other Psychology Programs in Iowa

Compare tuition, earnings, and debt across Iowa schools

SchoolIn-State TuitionEarnings (1yr)Debt
Upper Iowa University
Fayette
$19,000$42,183$41,478
Waldorf University
Forest City
$25,220$41,193$29,136
Coe College
Cedar Rapids
$52,576$37,072$27,000
Buena Vista University
Storm Lake
$40,190$35,559$32,500
Grand View University
Des Moines
$33,450$34,709$28,200

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.

Sample Size: Based on 28 graduates with reported earnings and 38 graduates with debt data. Small samples may not be representative.