Analysis
Assumption University's psychology graduates start at $38,697βwell above the national median but solidly middle-of-the-pack for Massachusetts. While that first-year number ranks in the 95th percentile nationally, it lands at just the 60th percentile statewide, reminding parents that Massachusetts psychology graduates generally earn more across the board. The $27,000 in median debt sits comfortably below both national and state averages, giving graduates some breathing room despite the higher cost of living in Worcester.
The real story here is the earnings trajectory. Graduates see their pay jump 36% by year four, reaching $52,623βstrong growth that suggests this program opens doors to career advancement rather than leaving graduates stuck in entry-level positions. The debt-to-earnings ratio of 0.70 means students borrow less than one year's starting salary, a manageable threshold that most financial aid experts consider sustainable.
For a family considering Assumption versus flagship state schools or community colleges with transfer paths, the numbers suggest you're paying for modest premium outcomes. This isn't Bentley ($62,218) or Boston College ($44,760), but it's also not a risky bet. The combination of reasonable debt and solid earnings growth means most graduates should be able to service their loans while building toward mid-career salaries that justify the investment.
Where Assumption University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Assumption University 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 |
|---|---|---|---|
| Assumption University | $38,697 | $52,623 | +36% |
| Boston College | $44,760 | $59,196 | +32% |
| Williams College | $43,943 | $57,158 | +30% |
| College of the Holy Cross | $41,099 | $56,085 | +36% |
| University of Massachusetts-Amherst | $32,223 | $53,442 | +66% |
Compare to Similar Programs in Massachusetts
Psychology bachelors's programs at peer institutions in Massachusetts (52 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $49,414 | $38,697 | $52,623 | $27,000 | 0.70 | |
| $58,150 | $62,218 | β | $25,494 | 0.41 | |
| $67,680 | $44,760 | $59,196 | $18,000 | 0.40 | |
| $64,860 | $43,943 | $57,158 | $13,416 | 0.31 | |
| $39,212 | $43,646 | $50,853 | $27,000 | 0.62 | |
| $60,850 | $41,099 | $56,085 | $27,000 | 0.66 | |
| National Median | β | $31,482 | β | $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 Assumption University, approximately 19% 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 30 graduates with reported earnings and 62 graduates with debt data. Small samples may not be representative.