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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.)

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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.

How we compute this. Payback = total net cost ÷ annual earnings premium, where the premium is median earnings 10 years after entry minus the $48,360 baseline (BLS 2024 median for a high-school-diploma worker 25+). Total net cost = net price × 4 years. We do not discount future dollars. The institution-wide earnings figure blends every major — a specific program's payback can be far better or worse. Full method on the methodology page.

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 $43,552, and its $22,601 net price is above the national median of $16,906.