Analysis
UNM's history program starts graduates nearly $1,500 below the national median at $29,793, but here's the surprising twist: that puts them squarely in the middle for New Mexico history programs (60th percentile in-state), and those graduates see 38% earnings growth by year four, reaching $41,244. That trajectory suggests the program builds skills that translate into career advancement, even if the initial job market is soft.
The debt picture is actually the stronger part of this story. At $20,345, students borrow about $3,500 less than the national median for history degrees, resulting in a manageable 0.68 debt-to-earnings ratio. For a highly accessible school (95% admission rate, serving a significant population of Pell grant recipients), keeping debt below $21,000 while delivering middle-of-the-pack outcomes represents responsible program management.
The fundamental question is whether a humanities degree from an open-access institution justifies even modest debt. The earnings trajectory suggests yes—graduates nearly double their buying power in four years—but you're still looking at $30,000 starting salaries in a state where that matters. This works if your student has clear graduate school plans (where the low debt becomes an asset) or expects to supplement their degree with marketable skills. For students committed to history who need to stay in New Mexico, UNM delivers reasonable value, particularly given the minimal borrowing required.
Where University of New Mexico-Main Campus Stands
Earnings vs. debt across all history bachelors's programs nationally
Earnings Distribution
How University of New Mexico-Main Campus 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 |
|---|---|---|---|
| University of New Mexico-Main Campus | $29,793 | $41,244 | +38% |
| Amherst College | $56,444 | $114,276 | +102% |
| Harvard University | $53,468 | $89,238 | +67% |
| Duke University | $60,750 | $83,943 | +38% |
| Dartmouth College | $61,127 | $82,121 | +34% |
Compare to Similar Programs Nationally
History bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $8,115 | $29,793 | $41,244 | $20,345 | 0.68 | |
| $65,739 | $61,127 | $82,121 | $19,000 | 0.31 | |
| $65,805 | $60,750 | $83,943 | $13,000 | 0.21 | |
| $7,746 | $57,239 | $48,906 | $22,625 | 0.40 | |
| $67,280 | $56,444 | $114,276 | — | — | |
| $64,700 | $54,700 | $77,988 | $12,000 | 0.22 | |
| 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 University of New Mexico-Main Campus, approximately 36% 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 44 graduates with reported earnings and 58 graduates with debt data. Small samples may not be representative.