Median Earnings (1yr)
$26,131
17th percentile (25th in MA)
Median Debt
$19,000
21% below national median
Debt-to-Earnings
0.73
Manageable
Sample Size
28
Limited data

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

Smith CollegeOther history 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 $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)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Smith College$26,131$50,418$19,0000.73
Amherst College$56,444$114,276
Harvard University$53,468$89,238$12,7210.24
University of Massachusetts-Boston$46,908$43,311$24,8620.53
Fitchburg State University$46,184$21,6350.47
College of the Holy Cross$42,345$65,505$27,0000.64
National Median$31,220$24,0000.77

Other History Programs in Massachusetts

Compare tuition, earnings, and debt across Massachusetts schools

SchoolIn-State TuitionEarnings (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.