History at Smith College
Bachelor's Degree
Analysis
Smith College's history program shows concerning first-year earnings of just $26,131—well below both the state median ($34,059) and national average ($31,220). This places it in the 25th percentile among Massachusetts history programs, meaning 75% of comparable in-state programs deliver stronger initial outcomes. Even accounting for Smith's highly selective admissions (20% acceptance rate, 1480 SAT), these numbers fall short of peer institutions like Amherst ($56,444) and Holy Cross ($42,345).
The picture brightens considerably by year four, with earnings nearly doubling to $50,418. This dramatic 93% growth suggests graduates eventually find their footing, possibly in fields that require additional credentialing or networking time. The relatively modest $19,000 in debt helps—that 0.73 debt-to-earnings ratio is manageable even during the lean early years.
However, the small sample size (under 30 graduates) makes these figures less reliable than data from larger programs. History majors at Smith may be pursuing graduate school, moving into competitive urban markets with high living costs, or taking unpaid internships that temporarily suppress earnings. For families paying Smith's premium tuition, these numbers warrant serious discussion about post-graduation plans and financial runway. If your student needs immediate earning power after graduation, consider UMass-Boston's history program, which shows $46,908 at the four-year mark with likely lower total costs.
Where Smith College Stands
Earnings vs. debt across all history 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 $26k, placing them in the 17th percentile of all history 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
History bachelors's programs at peer institutions in Massachusetts (48 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Smith College | $26,131 | $50,418 | $19,000 | 0.73 |
| Amherst College | $56,444 | $114,276 | — | — |
| Harvard University | $53,468 | $89,238 | $12,721 | 0.24 |
| University of Massachusetts-Boston | $46,908 | $43,311 | $24,862 | 0.53 |
| Fitchburg State University | $46,184 | — | $21,635 | 0.47 |
| College of the Holy Cross | $42,345 | $65,505 | $27,000 | 0.64 |
| National Median | $31,220 | — | $24,000 | 0.77 |
Other History Programs in Massachusetts
Compare tuition, earnings, and debt across Massachusetts schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Amherst College Amherst | $67,280 | $56,444 | — |
| Harvard University Cambridge | $59,076 | $53,468 | $12,721 |
| University of Massachusetts-Boston Boston | $15,496 | $46,908 | $24,862 |
| Fitchburg State University Fitchburg | $11,046 | $46,184 | $21,635 |
| College of the Holy Cross Worcester | $60,850 | $42,345 | $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 28 graduates with reported earnings and 34 graduates with debt data. Small samples may not be representative.