Median Earnings (1yr)
$40,049
38th percentile (40th in IA)
Median Debt
$32,642
26% above national median
Debt-to-Earnings
0.82
Manageable
Sample Size
42
Adequate data

Analysis

William Penn's education graduates face a financial reality that's becoming uncommon in teaching programs: their typical debt load of $32,642 exceeds most competitors despite earning less. While their starting salary of $40,049 sits reasonably close to state and national averages, they're carrying about $5,000-6,000 more debt than typical Iowa education graduates. Among Iowa's 27 teacher education programs, this ranks squarely in the middle for earnings (40th percentile) but near the bottom for debt burden.

The debt-to-earnings ratio of 0.82 means graduates can expect to carry nearly a full year's salary in loans—manageable for teaching, but only if you're prepared for Iowa's public school salary scales. Compare this to top Iowa programs like Morningside or Iowa State, where graduates earn $6,000-8,000 more annually with similar or lower debt loads. The gap may not sound dramatic, but compounded over a 30-year career in education, that's a six-figure difference in lifetime earnings.

For families choosing between Iowa teaching programs, this comes down to affordability and fit. If William Penn offers significantly better financial aid or the smaller campus environment (46% of students receive Pell grants) matters for your student's success, the modest earnings difference may be acceptable. But if cost is comparable, several Iowa alternatives deliver better financial outcomes for the same career path.

Where William Penn University Stands

Earnings vs. debt across all teacher education and professional development, specific levels and methods bachelors's programs nationally

William Penn UniversityOther teacher education and professional development, specific levels and methods 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 $40k, placing them in the 38th percentile of all teacher education and professional development, specific levels and methods bachelors programs nationally.

Compare to Similar Programs in Iowa

Teacher Education and Professional Development, Specific Levels and Methods bachelors's programs at peer institutions in Iowa (27 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
William Penn University$40,049—$32,6420.82
Morningside University$48,478$43,020$27,0000.56
Grand View University$46,547$44,928$27,0000.58
Luther College$45,691$40,953$27,0000.59
Iowa State University$45,512$44,376$25,0000.55
University of Iowa$45,015$45,931$27,0000.60
National Median$41,809—$26,0000.62

Other Teacher Education and Professional Development, Specific Levels and Methods Programs in Iowa

Compare tuition, earnings, and debt across Iowa schools

SchoolIn-State TuitionEarnings (1yr)Debt
Morningside University
Sioux City
$38,190$48,478$27,000
Grand View University
Des Moines
$33,450$46,547$27,000
Luther College
Decorah
$50,320$45,691$27,000
Iowa State University
Ames
$10,497$45,512$25,000
University of Iowa
Iowa City
$10,964$45,015$27,000

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.