Area Studies at Smith College
Bachelor's Degree
Analysis
Smith College's Area Studies program starts at a concerning $29,878—nearly $14,000 below the Massachusetts median and in just the 10th percentile statewide. This matters because competing Massachusetts institutions like Amherst, Tufts, and Wellesley place graduates at $43,000-$49,000 right out of the gate. While your daughter would be attending one of the nation's most selective liberal arts colleges (20% admission rate, 1480 average SAT), she'd be earning less than Area Studies graduates from far less competitive programs across the state.
The good news is substantial earnings momentum: four-year income jumps 34% to $40,081, suggesting graduates eventually find their professional footing. The debt load is manageable at $19,000—matching the state median and lower than most private colleges. But even with that growth trajectory, four-year earnings still trail the state median, and classmates at peer institutions maintain their advantage throughout.
For families paying Smith's private college tuition, this represents a significant value disconnect. If your daughter is genuinely passionate about Area Studies and values Smith's distinctive all-women's environment, the moderate debt prevents this from being a financial disaster. But if she's choosing between similar programs, understand she'd likely start $10,000-$15,000 behind peers at comparable Massachusetts colleges—a gap that persists even as earnings improve.
Where Smith 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 Smith College graduates compare to all programs nationally
Smith College graduates earn $30k, placing them in the 27th 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 Massachusetts
Area Studies bachelors's programs at peer institutions in Massachusetts (28 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Smith College | $29,878 | $40,081 | $19,000 | 0.64 |
| Amherst College | $49,149 | $49,923 | — | — |
| Tufts University | $44,133 | $54,435 | — | — |
| Brandeis University | $43,748 | $55,201 | $26,000 | 0.59 |
| Wellesley College | $43,231 | $55,437 | $9,525 | 0.22 |
| Williams College | $38,595 | $67,794 | — | — |
| National Median | $34,211 | — | $20,552 | 0.60 |
Other Area Studies Programs in Massachusetts
Compare tuition, earnings, and debt across Massachusetts schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Amherst College Amherst | $67,280 | $49,149 | — |
| Tufts University Medford | $67,844 | $44,133 | — |
| Brandeis University Waltham | $64,946 | $43,748 | $26,000 |
| Wellesley College Wellesley | $64,320 | $43,231 | $9,525 |
| Williams College Williamstown | $64,860 | $38,595 | — |
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 Smith College, approximately 18% 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 35 graduates with reported earnings and 44 graduates with debt data. Small samples may not be representative.