Analysis
Similar history programs in Iowa suggest first-year earnings around $36,400—notably above the national median of $31,200 for history bachelor's degrees. Combined with estimated debt of roughly $26,000, this creates a debt-to-earnings ratio of 0.71, which translates to manageable monthly payments that shouldn't overwhelm a typical humanities graduate's budget. That said, this program falls in the middle of Iowa's range: top programs like Iowa State produce graduates earning $41,000, while others trail closer to $28,000.
The caveat here is significant: these figures come from comparable programs because Simpson's own graduate cohort was too small for the Department of Education to report. The actual outcomes could be better or worse depending on factors the data can't capture—like whether Simpson's career services effectively connect history majors with employers, or how well the curriculum prepares students for graduate school versus immediate employment. At a school with an 89% admission rate and moderate SAT scores, outcomes can vary considerably based on individual student initiative.
For a family considering this investment, the estimated numbers suggest reasonable financial risk compared to other humanities degrees, but you're essentially betting on a program without verified track record data. If your student is genuinely passionate about history and has explored how they'll convert that degree into employment, the projected debt load shouldn't be crushing. If they're undecided or treating this as a default choice, programs with actual reported outcomes would offer more certainty.
Where Simpson College Stands
Earnings vs. debt across all history bachelors's programs nationally
Compare to Similar Programs in Iowa
History bachelors's programs at peer institutions in Iowa (25 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $46,212 | $36,402* | — | $25,946* | — | |
| $10,497 | $41,294* | $40,853 | $26,007* | 0.63 | |
| $64,862 | $39,687* | $50,567 | $17,500* | 0.44 | |
| $10,964 | $33,117* | $51,028 | $25,978* | 0.78 | |
| $9,728 | $27,569* | $45,192 | $21,776* | 0.79 | |
| 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 Simpson College, approximately 33% 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 4 similar programs in IA. Actual outcomes may vary.