Area Studies at Middlebury College
Bachelor's Degree
Analysis
Middlebury's Area Studies graduates earn roughly $6,000 above the national median for this degree, though the small sample size—fewer than 30 graduates—means these figures should be interpreted carefully. At this elite liberal arts college (10% admission rate, 1500 average SAT), students graduate with notably low debt of $11,593, less than half the national median of $20,552. The debt-to-earnings ratio of 0.29 means graduates can realistically manage repayment even with modest starting salaries around $40,000.
The challenging part is what happens after graduation: earnings remain essentially flat between year one and year four, suggesting these graduates may be pursuing graduate school, nonprofit work, or other paths where early-career salary growth is limited. Area Studies is typically a gateway to graduate programs or specialized careers rather than an immediate earnings accelerator, and Middlebury's outcomes reflect that pattern.
For families who can afford Middlebury or qualify for its need-based aid, the low debt burden creates flexibility for graduates to pursue meaningful work without financial pressure. The degree delivers what you'd expect from a liberal arts education at this level—solid preparation and manageable debt—but families banking on strong earnings growth in the first few years after graduation should recalibrate those expectations.
Where Middlebury College 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 Middlebury College graduates compare to all programs nationally
Middlebury College graduates earn $40k, placing them in the 67th percentile of all area studies bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in Vermont
Area Studies bachelors's programs at peer institutions in Vermont (5 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Middlebury College | $40,467 | $40,843 | $11,593 | 0.29 |
| National Median | $34,211 | — | $20,552 | 0.60 |
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 Middlebury College, approximately 17% 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 28 graduates with reported earnings and 28 graduates with debt data. Small samples may not be representative.