Analysis
A History degree from a small Iowa liberal arts college raises immediate questions about return on investment, particularly when the estimated figures suggest outcomes that barely clear national benchmarks. Based on comparable History programs in Iowa, first-year earnings around $36,400 put graduates slightly ahead of the national median but trailing the state's top programs—Iowa State and Grinnell both produce earnings in the $39,000-$41,000 range. The estimated debt load of nearly $26,000 yields a debt-to-earnings ratio of 0.71, meaning graduates would owe roughly nine months of their first year's salary.
The practical concern here isn't catastrophic debt—it's modest earnings combined with uncertain career paths that History graduates often face. At $36,400 annually, your child would bring home around $2,700 monthly after taxes, making that $26,000 debt manageable but not comfortable, especially if they're moving to a city with higher living costs or need graduate school for their career goals. The fact that peer programs in Iowa show such wide variation (from $27,500 to $41,000) underscores how much individual outcomes depend on factors beyond the degree itself.
Before committing, push Coe's career services office for placement data: where do their History graduates actually land jobs, and how many need additional schooling? Given that these figures are estimates rather than tracked outcomes for Coe specifically, you're making decisions with limited visibility into this program's actual track record.
Where Coe College Stands
Earnings vs. debt across all history bachelors's programs nationally
Compare to Similar Programs in Iowa
History bachelors's programs at peer institutions in Iowa (25 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $52,576 | $36,402* | — | $25,946* | — | |
| $10,497 | $41,294* | $40,853 | $26,007* | 0.63 | |
| $64,862 | $39,687* | $50,567 | $17,500* | 0.44 | |
| $10,964 | $33,117* | $51,028 | $25,978* | 0.78 | |
| $9,728 | $27,569* | $45,192 | $21,776* | 0.79 | |
| National Median | — | $31,220* | — | $24,000* | 0.77 |
Career Paths
Occupations commonly associated with history graduates
Natural Sciences Managers
Clinical Research Coordinators
History Teachers, Postsecondary
Historians
Secondary School Teachers, Except Special and Career/Technical Education
Archivists
Curators
Museum Technicians and Conservators
Managers, All Other
Regulatory Affairs Managers
Compliance Managers
Loss Prevention Managers
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 Coe College, approximately 36% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 4 similar programs in IA. Actual outcomes may vary.