Median Earnings (1yr)
$29,279
36th percentile
60th percentile in Tennessee
Median Debt
$23,104
4% below national median

Analysis

Rhodes College's History program produces first-year earnings of $29,279 against $23,104 in debt—numbers that look modest nationally but tell a different story within Tennessee. While this places the program in just the 36th percentile nationally, it hits the state median exactly and ranks in the 60th percentile among Tennessee history programs. That's a meaningful distinction, since most Rhodes students will be competing for jobs in the regional market where these earnings are closer to the norm.

The debt-to-earnings ratio of 0.79 is reasonable for a humanities degree, meaning graduates owe less than one year's salary. However, the small sample size here (fewer than 30 graduates) means these numbers could swing significantly with just a few outliers. It's worth noting that Rhodes sits in a competitive Tennessee market where state schools like Middle Tennessee State and Austin Peay produce history graduates earning $34,000-$35,000 annually—about 20% more than Rhodes—often with lower debt loads given public school tuition advantages.

For families paying private school tuition at a selective liberal arts college (50% admission rate, 1385 average SAT), the value calculus depends heavily on financial aid. The low Pell grant percentage (15%) suggests Rhodes primarily serves affluent families who may be less debt-sensitive. If your child is receiving substantial aid that brings total debt near this $23,000 figure, the investment is defensible for the liberal arts experience. At full freight, though, public alternatives offer better financial outcomes.

Where Rhodes College Stands

Earnings vs. debt across all history bachelors's programs nationally

Earnings Distribution

How Rhodes College graduates compare to all programs nationally

Compare to Similar Programs in Tennessee

History bachelors's programs at peer institutions in Tennessee (36 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Rhodes CollegeMemphis$54,892$29,279—$23,1040.79
Vanderbilt UniversityNashville$63,946$46,856$60,522$15,0000.32
Middle Tennessee State UniversityMurfreesboro$9,506$35,391$36,943$18,5000.52
Austin Peay State UniversityClarksville$8,675$34,456$39,052$19,7500.57
University of MemphisMemphis$10,344$30,652$40,908$25,0000.82
The University of Tennessee-KnoxvilleKnoxville$13,484$28,713$41,303$19,0000.66
National Median—$31,220—$24,0000.77

Career Paths

Occupations commonly associated with history graduates

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

History Teachers, Postsecondary

Teach courses in human history and historiography. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Historians

Research, analyze, record, and interpret the past as recorded in sources, such as government and institutional records, newspapers and other periodicals, photographs, interviews, films, electronic media, and unpublished manuscripts, such as personal diaries and letters.

$74,050/yrJobs growth:Master's degree

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree

Archivists

Appraise, edit, and direct safekeeping of permanent records and historically valuable documents. Participate in research activities based on archival materials.

$57,100/yrJobs growth:

Curators

Administer collections, such as artwork, collectibles, historic items, or scientific specimens of museums or other institutions. May conduct instructional, research, or public service activities of institution.

$57,100/yrJobs growth:

Museum Technicians and Conservators

Restore, maintain, or prepare objects in museum collections for storage, research, or exhibit. May work with specimens such as fossils, skeletal parts, or botanicals; or artifacts, textiles, or art. May identify and record objects or install and arrange them in exhibits. Includes book or document conservators.

$57,100/yrJobs growth:

Managers, All Other

All managers not listed separately.

Regulatory Affairs Managers

Plan, direct, or coordinate production activities of an organization to ensure compliance with regulations and standard operating procedures.

Compliance Managers

Plan, direct, or coordinate activities of an organization to ensure compliance with ethical or regulatory standards.

Loss Prevention Managers

Plan and direct policies, procedures, or systems to prevent the loss of assets. Determine risk exposure or potential liability, and develop risk control measures.

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 Rhodes College, approximately 15% 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 17 graduates with reported earnings and 22 graduates with debt data. Small samples may not be representative.