Median Earnings (1yr)
$50,161
95th percentile (95th in IL)
Median Debt
$15,917
34% below national median
Debt-to-Earnings
0.32
Manageable
Sample Size
24
Limited data

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

Northwestern UniversityOther history programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Northwestern University graduates compare to all programs nationally

Northwestern University graduates earn $50k, placing them in the 95th percentile of all history bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Illinois

History bachelors's programs at peer institutions in Illinois (47 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Northwestern University$50,161$60,884$15,9170.32
University of Chicago$46,616$65,148——
Illinois State University$40,465$44,568$23,1250.57
Northeastern Illinois University$39,102$41,203$19,1760.49
DePaul University$36,889$48,623$27,0000.73
University of Illinois Springfield$33,297$39,070$23,8920.72
National Median$31,220—$24,0000.77

Other History Programs in Illinois

Compare tuition, earnings, and debt across Illinois schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Chicago
Chicago
$66,939$46,616—
Illinois State University
Normal
$16,021$40,465$23,125
Northeastern Illinois University
Chicago
$12,383$39,102$19,176
DePaul University
Chicago
$44,460$36,889$27,000
University of Illinois Springfield
Springfield
$12,252$33,297$23,892

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.