Analysis
Amherst's research psychology program punches well above the national average—graduates earn $45,786 within a year, placing them in the 95th percentile nationally and $11,000 ahead of typical psychology grads. Combined with exceptionally low debt averaging just $10,800 (half the national median for this major), the financial foundation looks remarkably solid. However, context matters: within Massachusetts, where this program ranks at the 60th percentile, Amherst trails peers like Tufts and Smith, though it still beats the state median by $7,300.
The small sample size here demands caution—we're looking at fewer than 30 graduates, so a single cohort's career choices could skew these numbers significantly. That said, the 0.24 debt-to-earnings ratio remains impressive regardless of sample concerns. Most Amherst students graduate with minimal debt burden, a function of the college's generous financial aid rather than the program itself.
For families who can afford Amherst's highly selective environment (10% admission rate, 1494 average SAT), this represents a low-risk proposition. Your student won't face the debt trap that plagues many psychology majors, and first-year earnings substantially exceed typical outcomes. Just recognize that psychology grads often pursue graduate education, so these early earnings may not reflect long-term trajectories. The real value here is keeping options open without financial handcuffs.
Where Amherst College Stands
Earnings vs. debt across all research and experimental psychology bachelors's programs nationally
Earnings Distribution
How Amherst College graduates compare to all programs nationally
Compare to Similar Programs in Massachusetts
Research and Experimental Psychology bachelors's programs at peer institutions in Massachusetts (18 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $67,280 | $45,786 | — | $10,800 | 0.24 | |
| $67,844 | $56,504 | — | $15,875 | 0.28 | |
| $61,568 | $43,717 | $46,833 | $19,000 | 0.43 | |
| $59,076 | $41,501 | $76,453 | — | — | |
| — | $38,463 | $57,605 | $26,000 | 0.68 | |
| $63,141 | $38,463 | $57,605 | $26,000 | 0.68 | |
| National Median | — | $34,768 | — | $21,500 | 0.62 |
Career Paths
Occupations commonly associated with research and experimental psychology graduates
Statisticians
Biostatisticians
Medical Scientists, Except Epidemiologists
Clinical and Counseling Psychologists
Psychologists, All Other
Neuropsychologists
Clinical Neuropsychologists
Psychology Teachers, Postsecondary
Health Specialties Teachers, Postsecondary
Child, Family, and School Social Workers
Managers, All Other
Compliance Managers
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 Amherst College, approximately 22% 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 27 graduates with reported earnings and 23 graduates with debt data. Small samples may not be representative.