Analysis
Similar Area Studies programs in Massachusetts suggest first-year earnings around $43,500—a figure that lands Holy Cross graduates squarely in the middle of the state's competitive liberal arts landscape. This estimated return puts them on par with Brandeis and Wellesley graduates, though slightly behind Amherst's stronger showing. The debt load, estimated at $19,000 based on comparable Holy Cross programs, remains manageable at roughly 44 cents per dollar earned.
What makes this picture compelling is how it compares nationally. Massachusetts Area Studies programs consistently outperform the national median of $34,200 by nearly $10,000, suggesting the state's concentration of selective colleges creates better outcomes for these interdisciplinary majors. Holy Cross's 21% admission rate and strong student profile indicate the school delivers on that regional advantage, even if we're working with peer data rather than program-specific outcomes.
The practical reality: Area Studies programs live or die by what students do with them—graduate school, international careers, policy work. If your child sees this degree as preparation for further education or fields where the Holy Cross network and credential matter, the estimated numbers suggest reasonable positioning. If they're expecting immediate career clarity and earning power, the modest first-year return requires a longer-term plan to justify the investment.
Where College of the Holy Cross Stands
Earnings vs. debt across all area studies bachelors's programs nationally
Compare to Similar Programs in Massachusetts
Area Studies bachelors's programs at peer institutions in Massachusetts (28 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $60,850 | $43,490* | — | $19,000* | — | |
| $67,280 | $49,149* | $49,923 | —* | — | |
| $67,844 | $44,133* | $54,435 | —* | — | |
| $64,946 | $43,748* | $55,201 | $26,000* | 0.59 | |
| $64,320 | $43,231* | $55,437 | $9,525* | 0.22 | |
| $64,860 | $38,595* | $67,794 | —* | — | |
| National Median | — | $34,211* | — | $20,552* | 0.60 |
Career Paths
Occupations commonly associated with area studies graduates
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 College of the Holy Cross, approximately 15% 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 6 similar programs in MA. Actual outcomes may vary.