Analysis
A debt burden of roughly $23,000 against first-year earnings around $35,500—typical for Indiana history programs—creates a manageable starting point, though not an obviously strong one. Comparable programs across the state suggest graduates begin earning modestly above the national median for history degrees, which hovers around $31,000. That margin matters when you're carrying student loans.
The challenge here is trajectory. History majors often need graduate work or pivot into fields like education, law, or business to see meaningful income growth. Based on peer program outcomes in Indiana, this degree positions graduates near the middle of the pack—not matching the $40,000+ starting salaries at University of Southern Indiana or Notre Dame, but roughly aligned with IU's larger campuses. For students planning to stay in the region and enter fields where a liberal arts background opens doors, these estimates suggest reasonable financial footing.
The real question is what comes after graduation. If your child sees this as preparation for a graduate degree or a specific career path where history provides foundation rather than direct job training, the debt load won't become crushing. If they're expecting the bachelor's degree alone to launch a stable career, similar programs in Indiana suggest they'll need persistence and possibly additional credentials to reach comfortable earnings.
Where Indiana University-South Bend 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 |
|---|---|---|---|---|---|
| $8,179 | $35,509* | — | $23,367* | — | |
| $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 Indiana University-South Bend, approximately 41% 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.