Area Studies: degree ROI, salary & best colleges
Area Studies graduates earn a median $56,625 four years after finishing — $8,265/yr above the $48,360 high-school baseline. At a typical $16,906/yr net price ($67,624 over four years), that pays back in about 8.2 years. Federal data pools 412 bachelor's programs graduating roughly 3,880 students a year. (Scorecard field-of-study, 2026 · our math.)
| # | College | State | Grad earnings |
|---|---|---|---|
| 1 | Cornell University | NY | $96,976 |
| 2 | Columbia University in the City of New York | NY | $96,884 |
| 3 | Miami University-Oxford | OH | $79,449 |
| 4 | Bowdoin College | ME | $75,966 |
| 5 | University of Notre Dame | IN | $75,832 |
| 6 | Fordham University | NY | $75,563 |
| 7 | University of Missouri-Columbia | MO | $75,230 |
| 8 | Emory University | GA | $75,205 |
| 9 | Trinity College | CT | $73,229 |
| 10 | University of California-Berkeley | CA | $70,366 |
| 11 | Tufts University | MA | $69,037 |
| 12 | William & Mary | VA | $68,909 |
College Scorecard field-of-study (2026), program-level median earnings for this CIP · our ranking.
How we compute this. Earnings are the national median for graduates of this field measured 1 and 4 years after completion (Scorecard field-of-study, bachelor's). Premium = 4-year earnings − the $48,360 high-school baseline. Payback = a representative 4-year net cost (median college net price × 4) ÷ premium. Field medians blend every school — a specific program can pay far more or less. Full method on the methodology page; the field ranking is on ROI by major.