Est. Earnings (1yr)
$39,186
Est. from MN median (3 programs)
Median Debt
$25,812
8% above national median

Analysis

Based on comparable History programs in Minnesota, St Olaf graduates appear to start around $39,186 and climb to $43,114 by year four—modest but steady growth that suggests the liberal arts foundation translates into career momentum. The estimated $25,812 in debt sits just below the state median and translates to a 0.66 debt-to-earnings ratio, which means roughly eight months of first-year salary to cover the full debt load. That's manageable territory, especially at a selective school where nearly half of applicants don't get in.

What matters here is the institution itself. St Olaf's 1373 average SAT and strong academic reputation carry weight that raw salary figures can't capture—the kind of credential and network that opens doors in teaching, nonprofits, law school pipelines, and corporate training roles where History majors often land. The earnings trajectory from year one to year four suggests graduates are finding their footing, not stalling out. While peer programs like Minnesota-Duluth show slightly higher starting points, St Olaf's outcomes track closely with state norms, and the debt load remains reasonable for a private liberal arts degree.

The caveat: these are estimates drawn from similar Minnesota programs, not St Olaf's actual reported outcomes. For a History degree that's fundamentally about what comes next—grad school, career pivots, long-term earnings—this program appears to set students up without burying them in debt, but confirm the school's actual graduate outcomes and post-grad pathways before committing.

Where St Olaf College Stands

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

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
St Olaf College—$43,114—
Amherst College$56,444$114,276+102%
Harvard University$53,468$89,238+67%
University of Minnesota-Twin Cities$26,635$43,487+63%
Minnesota State University-Mankato$39,186$42,443+8%

Compare to Similar Programs in Minnesota

History bachelors's programs at peer institutions in Minnesota (28 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median DebtDebt/Earnings
St Olaf CollegeNorthfield$56,970$39,186*$43,114$25,812—
University of Minnesota-DuluthDuluth$14,318$42,297*—$26,7430.63
Minnesota State University-MankatoMankato$9,490$39,186*$42,443$27,0000.69
University of Minnesota-Twin CitiesMinneapolis$16,488$26,635*$43,487$19,5000.73
National Median—$31,220*—$24,0000.77
* Estimated from similar programs

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 St Olaf College, approximately 20% 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 3 similar programs in MN. Actual outcomes may vary.