Analysis
Albertus Magnus psychology graduates face a troubling financial equation: they're borrowing roughly $11,000 more than the typical Connecticut psychology student while earning only modestly above the state median. That debt burden—ranking in just the 5th percentile nationally—means graduates owe more than an entire year's starting salary, despite landing in the 60th percentile for earnings within Connecticut.
The earnings trajectory offers some relief, with incomes climbing 22% by year four to $42,352. That's solid growth that narrows the debt-to-earnings gap over time. And to be fair, these students are outperforming the national psychology median by nearly $3,200 in their first year. But context matters: nearby Charter Oak State College graduates earn $11,000 more annually, and even Southern Connecticut State—a public university—produces higher earners with less debt.
For families weighing this option, the core question is whether Albertus Magnus's private college experience justifies borrowing 44% more than Connecticut's typical psychology student. The earnings growth suggests graduates can manage the debt eventually, but they'll spend their early career years digging out from under it while peers from less expensive programs build savings. If you're considering this path, run the actual monthly loan payment numbers against that $34,725 starting salary—it's tighter than it looks on paper.
Where Albertus Magnus College Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Albertus Magnus 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 |
|---|---|---|---|
| Albertus Magnus College | $34,725 | $42,352 | +22% |
| Fairfield University | $39,890 | $61,555 | +54% |
| Connecticut College | $40,141 | $53,436 | +33% |
| Sacred Heart University | $29,166 | $52,667 | +81% |
| University of Connecticut | $33,521 | $51,468 | +54% |
Compare to Similar Programs in Connecticut
Psychology bachelors's programs at peer institutions in Connecticut (24 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $39,924 | $34,725 | $42,352 | $35,937 | 1.03 | |
| $67,420 | $48,406 | — | $22,944 | 0.47 | |
| $8,506 | $45,428 | — | $22,779 | 0.50 | |
| $64,812 | $40,141 | $53,436 | $24,197 | 0.60 | |
| $56,360 | $39,890 | $61,555 | $26,000 | 0.65 | |
| $12,828 | $35,716 | $41,899 | $23,000 | 0.64 | |
| National Median | — | $31,482 | — | $25,500 | 0.81 |
Career Paths
Occupations commonly associated with psychology graduates
Industrial-Organizational Psychologists
Clinical and Counseling Psychologists
Psychologists, All Other
Neuropsychologists
Clinical Neuropsychologists
Psychology Teachers, Postsecondary
Managers, All Other
Loss Prevention Managers
Social Science Research Assistants
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 Albertus Magnus College, approximately 47% 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 32 graduates with reported earnings and 56 graduates with debt data. Small samples may not be representative.