Education Atlas

College Scorecard · field of study · all U.S. colleges

Is a Literature degree worth the debt?

The figures below lead with the Bachelor's, aggregated across 8 colleges (8 of 8 programs report earnings). Other credential levels are in the table further down.

Median pay · 1 yr after
$23,864

Graduates only, early career.$32,563 two years out.

Median federal debt
$27,000

Federal loans only — not private or Parent PLUS.

Debt vs a year's pay
1.12×

112% of a first year's earnings.

Typical debt roughly equals or exceeds a first year's pay — weigh the time-to-payoff.

The college you pick moves this a lot

The middle 50% of Bachelor's programs in Literature report early-career pay between $21,333 and $24,135 — a spread of $2,802 that depends on the program and who attends it, not the major alone.

25th pct $21,333 median $23,864 75th pct $24,135

Where a Bachelor's in this field reports the highest early-career pay

The 8 programs with the highest reported pay one year after completion. This reflects who enrolls and where they live as much as the program itself — it is not a causal quality ranking.

American University DC $38,528 $26,105 debt
University of Pittsburgh-Greensburg PA $24,135 $27,000 debt
University of Pittsburgh-Johnstown PA $24,135 $27,000 debt
The New School NY $23,592 $22,497 debt
Grand Canyon University AZ $21,664
SUNY at Purchase College NY $20,339 $24,400 debt
Bennington College VT $20,202 $27,000 debt

What these numbers are — and are not

Every figure here is a median across college programs in Literature, from the U.S. Dept. of Education College Scorecard. It is not a prediction of what you would earn (your college, effort, and local job market vary enormously — see the spread above), not lifetime earnings (it is measured 1–2 years after completion, early career), not proof the major caused the outcome (who enters a field differs by field — selection, not causation), and not a "best majors" ranking: earnings are one dimension of worth, not the whole of it. Teaching and social work pay far less than the fields at the top of this list and matter enormously. Earnings cover federally-aided completers at programs large enough to report.

Also available: structured data (JSON-LD) · plain text · JSON. Source: U.S. Dept. of Education College Scorecard — Field of Study (2026-06-10 release). · explore this field on the official Scorecard