Analysis
Northwestern's history program places graduates in the top 5% nationally for earnings, with first-year pay of $50,161—nearly $17,000 above Illinois' median for history majors and substantially higher than even University of Chicago's $46,616. The modest debt load of $15,917 creates a debt-to-earnings ratio of just 0.32, meaning graduates owe less than four months' salary. This stands out sharply: most Illinois history programs leave students with $22,500 in debt while producing lower earnings.
The 21% earnings growth to $60,884 by year four suggests graduates are gaining traction in competitive fields rather than just treading water. For a liberal arts degree, these outcomes rival many pre-professional programs. However, the sample size here is quite small—fewer than 30 graduates reported—so individual career outcomes may be driving these averages more than at larger programs.
For families who can afford Northwestern's 7% admission rate and selective environment, this data suggests the history degree won't handicap career prospects. The combination of low debt and strong placement makes this one of the safer humanities bets in Illinois, though parents should verify these patterns hold with larger graduating cohorts before dismissing concerns about liberal arts ROI.
Where Northwestern University Stands
Earnings vs. debt across all history bachelors's programs nationally
Earnings Distribution
How Northwestern University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Northwestern University | $50,161 | $60,884 | +21% |
| University of Chicago | $46,616 | $65,148 | +40% |
| Loyola University Chicago | $31,079 | $58,572 | +88% |
| University of Illinois Urbana-Champaign | $26,436 | $49,323 | +87% |
| DePaul University | $36,889 | $48,623 | +32% |
Compare to Similar Programs in Illinois
History bachelors's programs at peer institutions in Illinois (47 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $65,997 | $50,161 | $60,884 | $15,917 | 0.32 | |
| $66,939 | $46,616 | $65,148 | — | — | |
| $16,021 | $40,465 | $44,568 | $23,125 | 0.57 | |
| $12,383 | $39,102 | $41,203 | $19,176 | 0.49 | |
| $44,460 | $36,889 | $48,623 | $27,000 | 0.73 | |
| $12,252 | $33,297 | $39,070 | $23,892 | 0.72 | |
| 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 Northwestern University, 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.
Sample Size: Based on 24 graduates with reported earnings and 22 graduates with debt data. Small samples may not be representative.