Median Earnings (1yr)
$53,571
5th percentile (10th in MA)
Median Debt
$19,000
27% below national median
Debt-to-Earnings
0.35
Manageable
Sample Size
33
Adequate data

Analysis

Smith College's engineering program shows an unusual pattern: graduates start well behind their peers but experience exceptional growth. First-year earnings of $53,571 lag significantly—bottom 10th percentile among Massachusetts engineering programs and bottom 5th nationally. However, by year four, earnings jump 45% to $77,485, essentially matching the state median. This trajectory suggests graduates may be pursuing graduate education, research positions, or non-traditional engineering paths before transitioning into higher-paying roles.

The $19,000 debt load is actually competitive, matching the Massachusetts median and well below the national benchmark of $26,056. This keeps the program manageable even during those leaner early years. Still, parents should understand what they're signing up for: at a highly selective liberal arts college, Smith's engineering graduates likely face different early-career pathways than those from pure technical schools like Wentworth or Olin, which show much stronger starting salaries.

The value proposition here depends entirely on your child's goals. If they want to maximize immediate post-graduation earnings in traditional engineering roles, this isn't the optimal choice—even with strong growth, four-year earnings barely catch up to where typical Massachusetts engineering grads start. But if they're interested in research, academia, or interdisciplinary work where Smith's liberal arts foundation adds value, the moderate debt and eventual earning power make this viable. Just plan financially for those first few years.

Where Smith College Stands

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

Smith CollegeOther engineering 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 $54k, placing them in the 5th percentile of all engineering 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

Engineering bachelors's programs at peer institutions in Massachusetts (9 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Smith College$53,571$77,485$19,0000.35
Franklin W Olin College of Engineering$109,455$114,228$14,5120.13
Wentworth Institute of Technology$78,211—$27,0000.35
National Median$67,911—$26,0560.38

Other Engineering Programs in Massachusetts

Compare tuition, earnings, and debt across Massachusetts schools

SchoolIn-State TuitionEarnings (1yr)Debt
Franklin W Olin College of Engineering
Needham
$64,458$109,455$14,512
Wentworth Institute of Technology
Boston
$41,010$78,211$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 33 graduates with reported earnings and 44 graduates with debt data. Small samples may not be representative.