Analysis
History degrees don't command high starting salaries anywhere, but peer programs in Minnesota suggest this one positions graduates reasonably well. The estimated $39,186 first-year earnings—based on three comparable Minnesota programs—matches the state median for history majors and exceeds the national benchmark of $31,220 by about 25%. That margin matters when you're starting from a modest baseline.
The estimated debt load of roughly $26,000 creates a manageable 0.66 debt-to-earnings ratio, meaning graduates would owe about eight months of their first-year salary. This tracks closely with what similar private liberal arts colleges report nationally. For context, Minnesota's public universities produce history grads with similar earnings at comparable debt levels, suggesting the private school premium here isn't creating significant financial burden.
The practical question is whether your child has a clear plan for leveraging a history degree—teaching, law school, graduate work, or roles in communications and research that value analytical skills. Similar programs show this credential opens doors, but typically requires strategic career planning rather than providing an obvious occupational path. If your student is intellectually committed to the humanities and realistic about career development, the debt picture suggests this won't be a crushing financial burden even in a modestly-paying early career.
Where College of Saint Benedict Stands
Earnings vs. debt across all history bachelors's programs nationally
Compare to Similar Programs in Minnesota
History bachelors's programs at peer institutions in Minnesota (28 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $53,884 | $39,186* | — | $25,946* | — | |
| $14,318 | $42,297* | — | $26,743* | 0.63 | |
| $9,490 | $39,186* | $42,443 | $27,000* | 0.69 | |
| $16,488 | $26,635* | $43,487 | $19,500* | 0.73 | |
| 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 College of Saint Benedict, approximately 19% 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 3 similar programs in MN. Actual outcomes may vary.