Degree Dividend
Sourced from federal dataEvery figure datedNo rankings for sale

William Penn University — ROI, Cost & Payback

Private nonprofit · Oskaloosa, IA · 1,301 students

The verdict

William Penn University charges a net price of $22,601/yr after aid — a 4-year total of $90,404. Graduates earn a median $48,936 ten years after entry, $576/yr above the $48,360 high-school baseline, clearing the total in 157 years — a 20-year net return of -$78,884, a weak return — the cost is hard to justify on earnings alone. (Scorecard, 2026 · our math.)

Share

William Penn University's 157-year payback ranks #1,247 of 1,280 US colleges we track — better ROI than 3% of them, and #27 of 47 in Iowa.

Better ROI than 3% of US colleges#1,247 of 1,280
Weakest ROIStrongest ROI
$22,601
Net price / yr
Scorecard, 2026
$48,936
Median earnings, 10 yrs
Scorecard, 2026
157 yrs
Payback
Our math, 2026
52%
Admission rate
Scorecard, 2026
William Penn University: cost, earnings and payback
MeasureValueSource
Net price (after aid)$22,601/yrScorecard, 2026
Total net cost (4 yrs)$90,404our math
Median earnings, 10 yrs after entry$48,936Scorecard, 2026
Earnings premium over HS baseline$576/yrour math
Median debt (completers)$22,415Scorecard, 2026
Payback157 yrsour math
20-year net return-$78,884our math

College Scorecard (2026 release), institution-level · payback and returns are our math.

The arithmetic, on William Penn University's own numbers. Net price $22,601 × 4 years = $90,404 total. Median earnings $48,936 − the $48,360 high-school baseline = $576 a year of premium. $90,404 ÷ $576 = 157 years to break even; twenty years of that premium minus the cost leaves -$78,884. Future dollars are not discounted, and the earnings figure blends every major here — your programme can beat or miss it. Full method.

How much debt do William Penn University students graduate with?

A median $22,415 in federal loans among completers, or 46% of the $48,936 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.

What share of William Penn University students graduate?

33% finish their degree — 67% leave carrying the cost without the credential. Spread the $90,404 bill across that completion rate and the cohort pays $273,952 per graduate produced — our math, and the figure a payback number never shows.

Is William Penn University expensive compared with other Iowa colleges?

Its $22,601 net price runs $4,012 above the $18,589 median across the 47 Iowa colleges we profile, or $16,048 more across the full degree.

William Penn University: frequently asked questions

Is William Penn University worth the cost?
On the numbers, yes. William Penn University charges $22,601/yr after aid ($90,404 over 4 years), and graduates earn a median $48,936 ten years out — $576/yr above the $48,360 high-school baseline. That clears the cost in 157 years and returns -$78,884 net over 20 years, a weak return — the cost is hard to justify on earnings alone.
How long does a William Penn University degree take to pay off?
About 157 years. We divide the $90,404 four-year net cost by the $576/yr earnings premium over the high-school baseline. It is a floor, not a ceiling — mid-career raises pay it back faster.
How much does William Penn University cost after financial aid?
The median net price is $22,601/yr — about $90,404 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does William Penn University compare to other Iowa colleges?
It ranks #27 of 47 Iowa colleges we track by payback. Its $48,936 median earnings beat the national median of $43,549, and its $22,601 net price is above the national median of $16,902.