History at Monmouth College
IL · Bachelor's Degree · CIP 54.01
Executive Summary
Graduates with a History degree from Monmouth College earn a median salary of $50,311 within five years of graduation. Adjusted for the cost of living in IL, this represents a national purchasing power equivalent of $54,805. The degree typically pays for itself in 11.1 years.
Quick Insights
How this degree looks at a glance
A fast read on salary range, break-even speed, living-cost impact, and where bachelor's graduates from this school usually land.
Salary Ranges
Starting Range
$41,179
Typical Career
$50,311
Top Performers
$69,033
Estimated break-even: 11.1 years.
Debt-to-Income Check
$335
Estimated comfortable monthly loan payment
Typical monthly pay is approximately $4,193. Most students can comfortably afford about a $335 monthly loan payment with this degree.
Comparison Bench
This degree earns 1.3x more than the average US high school graduate and 0.6x more than the average college graduate.
Purchasing Power Context
A dollar in Illinois buys what costs $0.92 nationally.
Industry Breadcrumbs
Top industries for bachelor's graduates from this school: Educational Services, Health Care & Social Assistance, Professional, Scientific & Technical Services.
Where Bachelor's Graduates from This School Work
Institution-wide industry mix for bachelor's graduates, 5 years after graduation. This is not major-specific. Source: Census PSEO Flows.
5-Year Median Salary — National Purchasing Power Equivalent
$54,805
Nominal: $50,311 in Illinois (COL 91.8% of national avg) · 8.9% higher purchasing power
10-Year Earnings Curve
Break-Even Timeline
How long until cumulative earnings advantage exceeds total college investment (tuition + opportunity cost vs. entering workforce directly after high school).
Total Investment
$155,168
4yr tuition + 4yr opportunity cost
HS Graduate Baseline
$38,792/yr
BLS 2023 median, HS diploma
View Raw Data: Median Earnings by Year
| Timeframe | 25th Pct. | Median (50th) | 75th Pct. |
|---|---|---|---|
| 1 Year After Graduation | $27,401 | $38,092 | $51,109 |
| 5 Years After Graduation | $41,179 | $50,311 | $69,033 |
| 10 Years After Graduation | $48,867 | $64,138 | $85,195 |
Source: US Census Bureau Post-Secondary Employment Outcomes (PSEO), 2025 release. Earnings shown for Bachelor's degree graduates (all cohorts combined).
How We Calculate Purchasing Power
The median salary of $50,311 is reported by the US Census Bureau's Post-Secondary Employment Outcomes (PSEO) dataset for graduates working in IL, which has a cost-of-living index of 91.8% of the national average.
Formula: Adjusted Salary = Nominal × (1.0 ÷ COL Index)
= $50,311 × (1.0 ÷ 0.9180)
= $54,805 National Average equivalent.
COL index source: BLS Regional Consumer Price Index & MIT Living Wage Project, 2023. Full methodology →
Career Verdict
The top industries for History graduates include Educational Services (21.4%), Health Care & Social Assistance (13.8%), and Professional, Scientific & Technical Services (8.2%). With an estimated break-even point of approximately 11.1 years compared to a high-school-only path, the return on investment for a History degree appears reasonable. Graduates can anticipate diverse career opportunities, particularly in sectors that value critical thinking and analytical skills, which are often cultivated through a History curriculum.
AI-assisted editorial analysis based on Census PSEO data. Fact-checked against source data.
Compare with Another School
See how the History degree at Monmouth College stacks up against another institution side-by-side.
Data sources: US Census Bureau Post-Secondary Employment Outcomes (PSEO). Cost-of-living index: BLS Regional CPI & MIT Living Wage Project. Cost of attendance: IPEDS. For informational use only; data may be suppressed for small cohort sizes.