Analysis
A history degree from Gustavus Adolphus carries an estimated $25,946 in debt—slightly below the national median for history programs but roughly in line with Minnesota averages. By year four, graduates earn $47,707, which represents solid progression from the estimated first-year figure of $39,186. That first-year estimate comes from just three Minnesota history programs with reported data, including Minnesota State-Mankato at the same $39,186 level and UMN-Duluth slightly higher at $42,297. The debt-to-earnings ratio of 0.66 suggests manageable repayment, though it's worth noting this assumes typical federal loan terms and no graduate school immediately after.
What works in Gustavus's favor is its competitive admission profile (1320 SAT average) and the four-year earnings jump of about $8,500, indicating graduates gain traction in the job market. However, history majors nationwide face a relatively narrow earnings band—even top-performing programs rarely break $45,000 in year one. The pathway matters enormously here: history graduates who move into teaching, law school, or business roles often see different trajectories than those in nonprofit or entry-level research positions. The estimated debt load is reasonable enough that career flexibility remains possible, but parents should understand that this degree's value depends heavily on how their student leverages it post-graduation. A history BA is fundamentally a foundation credential, not a direct pipeline to a specific salary range.
Where Gustavus Adolphus College Stands
Earnings vs. debt across all history bachelors's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Gustavus Adolphus College | — | $47,707 | — |
| Amherst College | $56,444 | $114,276 | +102% |
| Harvard University | $53,468 | $89,238 | +67% |
| University of Minnesota-Twin Cities | $26,635 | $43,487 | +63% |
| Minnesota State University-Mankato | $39,186 | $42,443 | +8% |
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 |
|---|---|---|---|---|---|
| $54,310 | $39,186* | $47,707 | $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 Gustavus Adolphus College, approximately 21% 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.