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
Earnings Distribution
How Smith College graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Smith College | $53,571 | $77,485 | +45% |
| Franklin W Olin College of Engineering | $109,455 | $114,228 | +4% |
| University of California-Davis | $82,956 | $104,701 | +26% |
| Harvey Mudd College | $92,491 | $103,969 | +12% |
| Lafayette College | $76,507 | $92,618 | +21% |
Compare to Similar Programs in Massachusetts
Engineering bachelors's programs at peer institutions in Massachusetts (9 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $61,568 | $53,571 | $77,485 | $19,000 | 0.35 | |
| $64,458 | $109,455 | $114,228 | $14,512 | 0.13 | |
| $41,010 | $78,211 | — | $27,000 | 0.35 | |
| National Median | — | $67,911 | — | $26,056 | 0.38 |
Career Paths
Occupations commonly associated with engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Engineering Teachers, Postsecondary
Engineers, All Other
Energy Engineers, Except Wind and Solar
Mechatronics Engineers
Microsystems Engineers
Photonics Engineers
Robotics Engineers
Nanosystems Engineers
Wind Energy Engineers
Solar Energy Systems Engineers
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.