Median Earnings (1yr)
$33,737
25th percentile (60th in MA)
Median Debt
$19,000
28% below national median
Debt-to-Earnings
0.56
Manageable
Sample Size
21
Limited data

Analysis

Smith College graduates with education degrees earn less than the national median in their first year ($33,737 versus $38,660), but here's the critical context: they're carrying $7,500 less debt than typical education majors, and they're outperforming more than half of Massachusetts education programs. At 60th percentile for earnings in a state with premium cost of living, that positioning matters more than the national comparison might suggest.

The real story emerges over time. That $33,737 starting salary jumps to over $50,000 by year four—a 50% increase that suggests these graduates are securing positions with genuine advancement potential. The debt-to-earnings ratio of 0.56 is manageable for an education major, especially given the low absolute debt load. You're looking at roughly one semester's teaching salary to cover the entire debt burden, which is far better than the field's typical picture.

The major caveat: this data comes from fewer than 30 graduates, so individual outcomes could vary substantially from these medians. Still, for families who can manage Smith's sticker price and value the college's strong liberal arts foundation, this program delivers competitive outcomes for Massachusetts. The relatively low debt combined with solid mid-career earnings suggests graduates aren't sacrificing financial stability to enter teaching—a concern that plagues many education programs at schools with higher debt loads.

Where Smith College Stands

Earnings vs. debt across all education bachelors's programs nationally

Smith CollegeOther education programs

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 $34k, placing them in the 25th percentile of all education 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

Education bachelors's programs at peer institutions in Massachusetts (26 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Smith College$33,737$50,473$19,0000.56
Springfield College$45,906$27,0000.59
Massachusetts College of Liberal Arts$39,375$45,014$25,0000.63
Salem State University$33,065$38,488$27,0000.82
Merrimack College$29,368$27,0000.92
Boston University$27,891$27,0000.97
National Median$38,660$26,5220.69

Other Education Programs in Massachusetts

Compare tuition, earnings, and debt across Massachusetts schools

SchoolIn-State TuitionEarnings (1yr)Debt
Springfield College
Springfield
$43,707$45,906$27,000
Massachusetts College of Liberal Arts
North Adams
$11,884$39,375$25,000
Salem State University
Salem
$11,978$33,065$27,000
Merrimack College
North Andover
$51,786$29,368$27,000
Boston University
Boston
$65,168$27,891$27,000

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 21 graduates with reported earnings and 23 graduates with debt data. Small samples may not be representative.