Analysis
DePauw's estimated debt load of $27,000 sits above what most Indiana history programs report, while earnings projections track right at the state median of $35,509. That debt-to-earnings ratio of 0.76 means graduates might face monthly payments consuming roughly 10-12% of their gross income—manageable but tight for entry-level pay. The university's selective profile (54% admission rate, SAT average of 1287) and low Pell enrollment suggest a wealthier student body who may have family resources to cushion the financial transition, but for families borrowing the full amount, this creates a careful first few years post-graduation.
What complicates the picture is that top history programs across Indiana—Notre Dame, Wabash, even University of Southern Indiana—show their graduates earning $39,000-$41,000 in year one, several thousand above what comparable programs suggest for DePauw. History majors often pursue graduate school, teaching, or public service careers where early earnings don't capture long-term trajectory, but those paths typically delay debt repayment and require additional borrowing. For families counting on immediate financial independence after graduation, that gap matters.
If your student is committed to history and DePauw's specific academic culture, this isn't a prohibitive investment—but the numbers suggest exploring whether peer institutions might deliver better financial positioning, especially if graduate school is on the horizon and debt will compound.
Where DePauw University Stands
Earnings vs. debt across all history bachelors's programs nationally
Compare to Similar Programs in Indiana
History bachelors's programs at peer institutions in Indiana (36 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $57,070 | $35,509* | — | $27,000* | — | |
| $10,136 | $40,692* | $37,359 | $21,629* | 0.53 | |
| $62,693 | $39,522* | $63,592 | $19,000* | 0.48 | |
| $49,125 | $39,138* | $51,232 | $27,000* | 0.69 | |
| $11,790 | $31,880* | $50,828 | $23,754* | 0.75 | |
| $10,449 | $31,526* | $39,661 | $27,000* | 0.86 | |
| 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 DePauw University, approximately 16% 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 6 similar programs in IN. Actual outcomes may vary.