Area Studies at Hobart William Smith Colleges
Bachelor's Degree
Analysis
Hobart William Smith's Area Studies program outpaces both state and national benchmarks while keeping debt manageable—graduates earn nearly $40,000 their first year out, roughly $3,000 above the New York median and $5,700 above the national average. That places this program in the 60th percentile among New York programs, putting it ahead of SUNY Albany and approaching the earnings of larger research universities like Fordham and Barnard. The debt load of $24,250 is reasonable at 61% of first-year earnings, and actually sits below the national median for this field.
The caveat: fewer than 30 students graduated from this program in the measurement cohort, which means one or two outliers could skew these numbers significantly. Area Studies tends to be a small major at most schools, but this sample is particularly limited. That said, the pattern here—stronger-than-average earnings with controlled debt at a selective liberal arts college—aligns with what you'd expect from a school with Hobart William Smith's profile (57% admission rate, 1296 average SAT).
For families considering this program, the fundamentals look sound if your student is genuinely drawn to interdisciplinary regional studies. The earnings advantage over peer schools suggests the program or its alumni network is doing something right, but verify current program size and post-graduation support before committing.
Where Hobart William Smith Colleges Stands
Earnings vs. debt across all area studies bachelors's programs nationally
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Hobart William Smith Colleges graduates compare to all programs nationally
Hobart William Smith Colleges graduates earn $40k, placing them in the 65th percentile of all area studies bachelors programs nationally.
Compare to Similar Programs in New York
Area Studies bachelors's programs at peer institutions in New York (50 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Hobart William Smith Colleges | $39,939 | — | $24,250 | 0.61 |
| Cornell University | $43,831 | $75,147 | $17,625 | 0.40 |
| Columbia University in the City of New York | $41,479 | $63,437 | $22,486 | 0.54 |
| Fordham University | $40,811 | $59,590 | $26,884 | 0.66 |
| Barnard College | $34,142 | — | $19,000 | 0.56 |
| University at Albany | $32,808 | — | $22,305 | 0.68 |
| National Median | $34,211 | — | $20,552 | 0.60 |
Other Area Studies Programs in New York
Compare tuition, earnings, and debt across New York schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Cornell University Ithaca | $66,014 | $43,831 | $17,625 |
| Columbia University in the City of New York New York | $69,045 | $41,479 | $22,486 |
| Fordham University Bronx | $61,992 | $40,811 | $26,884 |
| Barnard College New York | $66,246 | $34,142 | $19,000 |
| University at Albany Albany | $10,408 | $32,808 | $22,305 |
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 Hobart William Smith Colleges, approximately 24% 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 29 graduates with reported earnings and 27 graduates with debt data. Small samples may not be representative.