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University of Pennsylvania

Philadelphia, PA
privateWebsite
94
Value
Median Earnings (10yr)
$111,371
+107% vs average
Net Price / Year
$28,699
+41% vs average
Graduation Rate
97%
Payback Period
1 years
Median Debt
$15,715
Student Body
10,650

University of Pennsylvania — Earnings vs Cost (vs National Average)

Admission Rate
5%

University of Pennsylvania at a Glance

The University of Pennsylvania is a private Ivy League research university in Philadelphia, Pennsylvania, United States. One of nine colonial colleges, it was chartered in 1755 through the efforts of founder and first president Benjamin Franklin, who advocated for an educational institution that trained leaders in academia, commerce, and public service.

Founded

1740

286 years old

Endowment

$24.8B

$24.81 billion

Students

29,384

10,325 undergrad · 13,614 grad

Faculty

4,793

Campus

299 acres

Prestige & value signals

1Nobel Laureates

Identity

Motto: Leges sine moribus vanae ( Latin )Athletics: QuakersMascot: The QuakerColors: Red and blueAffiliation: NonsectarianPresident: J. Larry Jameson

How to Apply to University of Pennsylvania

Official admissions page
SAT or ACT requiredCommon App memberInterview: Optional / where available
Regular deadline

January 5

Early deadline

November 1 (Early Decision, binding)

Application fee

$80

Fee waiver available

Rec letters

2 required

Testing policy

SAT or ACT required starting fall 2025

Recommendation letters

Two teacher recs + counselor letter + school profile

Essays

Common App personal statement + 3 supplemental essays
Common App essay + Penn-specific essays including 'Why Penn' and a personal quality prompt

Interview

Alumni interviews offered on a rolling basis after application submission

Fee waiver

Available via Common App or QuestBridge
Requirements can change between admissions cycles. Always verify current requirements on the official admissions page before applying.

Is University of Pennsylvania Worth It?

University of Pennsylvania is one of the strongest value propositions in higher education. At $28,699/year net price and $111,371 median earnings, graduates earn 3.9× their annual cost within a decade of enrolling.

The investment pays for itself in just 1 year — among the fastest payback periods of any college we track.

With a 97% graduation rate, the vast majority of students finish their degree and reach these earning outcomes.

The catch: admission is extremely selective at just 5%, making this an option only for top-tier applicants.

Median student debt of $15,715 is manageable at just 14% of first-year post-graduation earnings.

Bottom line: University of Pennsylvania delivers strong financial returns that justify the investment for most students.

How University of Pennsylvania compares to peer private nonprofit colleges of similar tier nationally

Ranked #10 of 19 on value score. Peers are matched by size, median earnings, SAT, and admission rate — not just geography.

RankCollegeValueNet price / yrMedian earnings
#1Yale University100$23,777$100,533
#2University of Chicago100$14,860$91,885
#3Johns Hopkins University100$18,809$87,555
#4Harvard University100$19,066$101,817
#5Princeton University100$6,128$110,066
#6Columbia University in the City of New York100$21,590$102,491
#10University of Pennsylvania94$28,699$111,371

Peer group: private nonprofit colleges within ±60% of University of Pennsylvania's student body size and within a similar academic tier (SAT ±80, admit rate ±10pp, median earnings ±25%). 1 in PA.

Best Programs at University of Pennsylvania

The highest-earning program at University of Pennsylvania is Computer and Information Sciences, General at $135,200/year (4 years after graduation). The lowest is English Language and Literature, General at $29,300/year.

Your major matters more than the school name — a Computer and Information Sciences, General graduate from University of Pennsylvania earns $135,200, while a English Language and Literature, General graduate earns $29,300. That's more than a 2× difference from the same institution. Choose your program carefully — it's the single biggest lever you control.

Debt also varies by program: Computer and Information Sciences, General graduates carry $19,500 in median debt vs. $21,500 for English Language and Literature, General.

Return on Investment

Estimated 4-Year Cost

$114,796

Based on $28,699/yr net price × 4 years

Earnings Premium

+107%

vs. national average of $53,787/yr

Payback Period

1 years

Time to recoup the total cost through higher earnings

10-Year Net Gain

$998,914

Median earnings over 10 years minus total cost of attendance

Programs & Earnings by Major

Graduate earnings data by field of study (4 years after graduation):

MajorEarnings (4yr)Earnings (1yr)Median Debt
Computer and Information Sciences, General$135,200$135,200$19,500
Computer Science$109,200$109,200N/A
Finance and Financial Management Services$107,700$107,700$19,500
Economics$74,700$74,700$18,625
Biomedical/Medical Engineering$74,300$74,300$19,500
Chemical Engineering$73,000$73,000N/A
Mechanical Engineering$68,300$68,300$21,500
Business Administration, Management and Operations$65,700$65,700$21,500
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing$64,700$64,700$23,250
Marketing$64,400$64,400$22,142
Philosophy$63,600$63,600$23,875
International Relations and National Security Studies$55,200$55,200$18,573
Political Science and Government$51,100$51,100$19,500
History$50,900$50,900$19,380
Communication and Media Studies$49,400$49,400$19,500
Mental and Social Health Services and Allied Professions$48,500$48,500$17,819
Psychology, General$35,500$35,500$19,500
Biology, General$34,900$34,900$19,425
Neurobiology and Neurosciences$33,500$33,500$22,350
English Language and Literature, General$29,300$29,300$21,500

Quick Facts

Institution Type
private
Location
Philadelphia, PA
Student Body
10,650 students
Admission Rate
5%
Graduation Rate
97%
Net Price (Annual)
$28,699
Median Earnings (10yr)
$111,371
Median Student Debt
$15,715
Data from the U.S. Department of Education College Scorecard. Median earnings are measured 10 years after enrollment. Net price reflects average cost after grants and scholarships for students receiving federal financial aid. Value scores are calculated using our methodology.